Gibson & Associates Solicitors acquires Dublin law firm

Gibson & Associates Solicitors acquires Dublin law firm

Daireann Gibson Managing Partner of Gibson & Associates Solicitors.

Gibson & Associates Solicitors are pleased to announce that they have acquired Barron Morris Solicitors on the 30th January 2018, in Dublin. This is the first acquisition by the progressive law firm who have expanded rapidly in the last number of years. Gibson and Associates Solicitors were founded in 2012 with offices in Dublin city centre and in Letterkenny Co. Donegal, and now Incorporating Barron Morris, will additionally operate from the existing location in Raheny, Dublin.

In spite of the uncertainty of Brexit and increased marketplace competition, Gibson and Associates have a proven ability to adapt and grow within a challenging environment.

Gibson & Associates currently offer enhanced expertise across a wide range of legal areas: Personal Injury*, Conveyancing (residential & commercial), Data Protection, Wills & Probate, Insolvency Law and Immigration, the new agreement will allow the company to extend and diversify this service offering. The company mission is to change the face of Law, delivering high-quality advice and achieving the best outcomes for people across Ireland every day. This compliments Barron Morris Solicitors already established ethos of focusing on a quality service, that has helped the company have a long established and enviable reputation across Dublin and the surrounding areas.

Commenting on the expansion, Mr Gibson said “Our mission is to make a genuine difference to the public in how they access legal advice and the service they receive. We do this by removing the waffle and the hassle. By incorporating the skillsets and resources at Barron Morris, we see this as a real springboard to help us increase efficiencies for clients and make it even easier for customers to access our services.”

Conor McLaughlin joined the firm’s Letterkenny office in 2016, after gaining five years’ experience practising in Luxembourg. Conor was called to the New York bar in 2012; he qualified as a Solicitor in Ireland in 2014 and in England & Wales in 2015. He is a member of the Donegal Bar Association and practices in the areas of Litigation, Conveyancing and Bankruptcy and Data Protection.

Conor has a particular interest in GDPR compliance for business; He has written and lectured in this legal area, specifically in preparing for GDPR and is your Business GDPR ready?

Conor McLaughlin joined the firm’s Letterkenny office in 2016, after gaining five years’ experience practising in Luxembourg. Conor was called to the New York bar in 2012. He qualified as a Solicitor in Ireland in 2014 and in England and Wales in 2015. He is a member of the Donegal Bar Association and practices in the areas of Litigation, Conveyancing and Bankruptcy and Data Protection.

Conor has a particular interest in GDPR compliance for business; he has the most update knowledge in this area and is completing further studies in UCD. Conor has also written and lectured in this legal area, specifically in preparing for GDPR and is your Business GDPR ready?

Irish Law Firm Appointed By Nicole Shanahan To Assist With An Investor

Irish Law Firm Appointed By Nicole Shanahan To Assist With An Investor

Irish Law Firm Appointed By Nicole Shanahan To Assist With An Investment Visa Programme In Ireland
California-based businesswoman Nicole Shanahan has handed a €500,000 cash boost to a Donegal GAA club.

Ms. Shanahan, CEO, and founder of ClearAccessIP chose the immigration law team at Gibson & Associates to provide vital assistance in applying for an investor visa, allowing her to establish a connection and residency in Ireland. An investor visa is a legal requirement for any non-EEA nationals and their families, should they wish to set up a business or reside in Ireland.

ClearAccessIP is the first company to provide an automated patent management and valuation platform to strategically manage intellectual property portfolios, allowing organizations to focus on their business goals. Ms. Shanahan has a keen interest in working on creative solutions to legal and social problems, in particular, high-tech-related legal issues that leverage her background in intellectual property transactions and prosecution.

The Immigrant Investor Programme (IIP) is open to non-EEA nationals who commit to an approved investment in Ireland. The IIP requires a minimum investment from the applicant’s own resources and must not be financed through a loan or other such facility.
Doireann Gibson, the managing partner at Gibson & Associates, said: “The investor program facilitates inward investment in a range of commercial and social enterprises, which creates advantages for both investor and recipient.”

Speaking of the investment into Ireland, Ms. Shanahan said she aligns with “culture and leadership that is refreshingly progressive in a way that is compatible with my own values. I am someone that believes in science and service to the community through work and charity. I’m very much attracted to the rising thought leadership in Ireland, especially as it relates to social policy, education, and the environment”.

Doireann, who is also an underage coach with CLG An Tearmainn, the GAA football club to receive investment from Ms Shanahan, said: “It has been a real pleasure to create the link between Nicole and CLG An Tearmainn. There is a great team of volunteers at the club, who have worked tirelessly to develop the club and uphold the core values of the GAA, which is completely aligned with Nicole’s own values. This extraordinary generosity will have a profound impact on the club and the community that it serves, and really couldn’t come at a better time.”

If you’d like to enquire about the Investor Visa or other immigration options, don’t delay, please call us now on +353 1 264 5555 or complete our Online Enquiry and we’ll be delighted to help you.

How to close a Law Firm

How to close a Law Firm

There are several reasons why a law firm may close down in this article we will discuss how to close a law firm. Generally, the decision is made voluntarily but there are instances when the law firm must close down involuntarily. Regardless of the reason why there are several steps that a law firm must take in order to ensure that the firm is closed efficiently and legally.

How to Close a Law Firm

At its core, the closure must provide for the files under the law firm’s care. They must be transferred on to another firm, or storage provisions must be made for them. This is particularly important for cases that are a work in progress to ensure clients receive the satisfying conclusion they are looking for.

In this blog post, we will outline the reasons that a law firm may take the decision to close and provide the three key steps that will need to be taken in this eventuality.

Why would a law firm close?

The first reason is financial. Like many companies across the sectors, if the business is simply no longer viable then it will become necessary to close the firm down in order to sever the financial losses.

Secondly, if the managing partner or senior partner becomes seriously ill, then the decision may be taken to close the firm. Similarly, the decision can be taken out of a firm’s hands in the event of the principal’s death. A prudent law firm should have an emergency plan in place for both of these eventualities.

Other major life events can also lead to a law firm closing. The relocation, retirement, imprisonment, and so on of the managing partner will undoubtedly affect the firm’s ability to continue, particularly among smaller practices.

Finally, regulatory action can have a significant impact on a law firm’s ability to continue operating. The regulatory action in itself may not force the firm’s closure but could result in a loss of confidence from clients and staff and so, ultimately, make the business un-viable.

What are the steps to close a law firm?

Once the decision has been made that the law firm must close, there are three key steps that must take place before the date of cessation.

1. Make a list of outstanding undertakings
Firms should draw up a list of any and all outstanding undertakings and seek to ensure compliance with these. Even after the firm has closed, the partners or principal actors within a law firm will remain liable in conduct for undertakings so it is important to get these in good order before the deadline passes.

2. Finalise files
As many files as possible should be finalised before the firm closes. After the date of closure, no work can be carried out on any file and so a firm must divest itself of all its files before this deadline. Many law firms choose to sell their legal files, a service that Gibson & Associates offers, and would be happy to assist you.

Alternatively, clients can be informed of the impending closure and asked to choose a new firm to take delivery of their files and documents. In the instance that there are no undertakings on the file, the client can be given their files directly.

By six months after the closure of the firm, arrangements must be made for all remaining files – manual or electronic, current or closed. These can be transferred to another firm on a ‘storage only’ basis.

In all instances, a record must be kept of the destination of all files either sold, transferred, or distributed to clients.

3. Closing client accounts
Firms are advised by the Law Society that they should cease to hold, control, receive, or pay client monies within two months of the date of cessation. As such, work on closing client bank accounts should be initiated before the closure deadline.

If the law firm is sold to another firm, any remaining balance on a client’s account should be transferred to the new firm prior to the date of cessation.

For a detailed list of all steps that should be taken when closing a law firm, please refer to the Law Society here.

How Gibson & Associates can help

If you are preparing to close your law firm, Gibson & Associates offer an unrivaled file-acquisition service for those looking for a clean break with no lingering legacy issues. Contact us today and we will structure a deal that gives you a financial reward for the work you’ve done along with something for the unbilled potential of the files all within a timescale that suits you.

To have a no-obligation, confidential discussion with us about selling your work-in-progress files, contact Gibson & AssociateS – call us now on +353 1 264 5555 or complete our Online Enquiry and we’ll be delighted to help you.