Mayo Wynne Baxter expands international reach
05 Apr, 2012
After eight years practising in France and more than 150 in England leading Sussex law firm Mayo Wynne Baxter today announced a move to reach further afield. Its expanded international department will handle legal issues of property, business and inheritance that cross national borders. It also aims to help companies from all over the world navigate UK legal systems.
A small team of English-qualified bilingual solicitors with extensive international experience aim to serve two interesting market segments:
Mayo Wynne Baxter’s international specialists are witnessing an increased demand from British citizens and their advisors facing complex international issues. They believe this market has grown due to the previous property boom giving rise to a growing number of people inheriting, separating or experiencing financial difficulties involving overseas assets.
Secondly international companies wanting to do business in the UK are looking for cross border expertise. Mayo Wynne Baxter has begun to attract a growing pool of internationally-based SMEs looking for legal and practical support from a bilingual solicitor who can give them expert guidance in English law. As a regional firm Mayo Wynne Baxter’s believes its fees are in line with the expectations of these SMEs.
Mayo Wynne Baxter’s latest hire, solicitor Dennis Phillips, is an international specialist with particular experience in Spanish-speaking countries, Croatia, Dubai, Turkey, Morocco, Florida and the Caribbean. Dennis is now working with the firm’s long-standing Partner, Edward Coxall, who has handled French property transactions for more than a decade. Edward also advises European SMEs on UK business laws and handles inheritance matters with cross-border implications.
Dennis Phillips said: “Four years ago the international market was all about conveyancing, with so many people buying second homes, retiring to sunnier climates or investing in fast-growing property markets. But the global crash, along with failures to use solicitors to ensure deals were legally sound has caused all sorts of problems. Over the next few years I think the cross-border conveyancing market will remain slow but steady, while the need for professional support in foreign litigation, probate and insolvency matters will continue to rise.”
Edward Coxall commented on the need to smooth the path for businesses thinking of investing in the UK: “The South East of England offers some of the best commercial opportunities in Europe, but negative perceptions of our laws can deter investors. We have been successful in helping ambitious young French businesses overcome these issues, bringing jobs and economic growth with them. I believe we can replicate this on a wider scale.”