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MHC revenue grew by 8% to €106 million last year
MHC managing partner Will Carmody Pic: Mason Hayes & Curran

24 Jan 2023 / corporate law Print

MHC revenue grew by 8% to €106m last year

Mason Hayes & Curran (MHC) revenue rose by 8% to €106 million in 2022.

Work for both domestic and international clients grew, with strong growth in financial services across structured finance, transactional work such as loan portfolio sales, and international and domestic financing.

Advisory work on financial-services regulation also grew.

Tech sector<

Work in the technology sector also increased – including advisory work for major multinational technology companies, transactional work for indigenous Irish technology companies, and regulatory advice on investigations and litigation in the sector. 

The firm advised clients such as Meta, Etsy, WhatsApp, Kinzen, and Instagram.

Life-sciences and health-care work increased, particularly in the areas of regulation and litigation. Clients of the firm in this sector include Biohaven Pharmaceuticals and LetsGetChecked.

MHC said that the energy sector continued to generate significant levels of legal work, with a strong focus on renewables.

The firm is advising funders, investors and developers contributing to Ireland’s energy transition to solar, onshore wind, and offshore wind-energy-generation projects, with SSE and EirGrid as long-standing clients.

Work in the built environment sector for investor and tenants saw a high level of transactional activity – including for clients such as BNP Paribas, REIM, and TikTok.

The firm saw significant demand for advice on planning and environmental law, plus a mix of advisory and contentious work on construction and infrastructure projects.

The London and San Francisco offices both expanded to accommodate more staff – including the appointment of new heads for each office.

The firm may add additional space to supplement its current location in Dublin 4’s Barrow Street, or consider a consolidated HQ location.

Practice areas – including insurance regulation, ESG, product liability, and AI – also grew, reflecting growing market demand.

During the year, 15 new partners were promoted, and four new partners joined from other domestic and international firms.

Staff levels up

 

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