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As Iraq endeavors to expand its economic landscape beyond traditional oil and gas sectors, there arises a fertile ground for legal pioneers. International law firms such as Cleary Gottlieb Steen & Hamilton, Vinson & Elkins, and Baker Botts are finding new prospects in the region. Eversheds Sutherland, notable for being the sole international firm with its headquarters in Baghdad, has become a significant player. The firm began its journey in Iraq during tumultuous times and has navigated the complex political and economic environment to establish a strong local presence.
This development follows the broader initiative by Iraq to diversify its energy-dependent economy, opening legislative and corporate avenues for legal practitioners active in the jurisdiction. For a deeper exploration of these evolving dynamics and the trailblazers shaping Iraq’s legal scene, the full article can be accessed here.
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