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Eldib Advocates

2 LUMUMBA STREET, PO BOX 152, 21131 ALEXANDRIA, EGYPT
Tel:
Work +20 3 495 0000
Email:
Web:
www.eldibadvocates.com
Alexandria, Cairo, Port Said, Suez

Hisham Eldib, Managing partner

Law firm partners and practice heads explain how their firms are adapting to clients' changing needs

What do you see as the main points that differentiate Eldib Advocates from your competitors?

Eldib Advocates has been an active member of the legal community since 1875 when it started out in Alexandria mainly as a maritime based law firm. Over the years, it has morphed into an all encompassing firm, building teams of lawyers extending our firm’s practice to cover various fields of law. The firm has always expanded and changed with the times, trends and needs of the community, now having 4 offices across Egypt covering over fifteen legal fields all linked to major industries including marine, banking, corporate, labor, energy, IP. We find that what differentiates us from our competitors is not only our ability to effortlessly adapt to the changes and curveballs that our working environment throws at us, but also that we strive to make our clients benefit from our close knit team and ties, influence and involvement within our community.

Which practices do you see growing in the next 12 months? What are the drivers behind that?

With the multitude of changes within the investment laws and the current administrations’ eagerness to encourage FDI’s, we feel that over the next 12 months Egypt will see a lot more interest and investment in the transport, industrial and commercial sectors as well as its Energy sector and urban planning. The drivers behind this are the countries current upgrade from various global financial index providers as well as the free floating local currency recently adopted by our administration in its strive to both comply with IMF and World Bank requirements, enticing both regional and international investment.

What’s the main change you’ve made in the firm that will benefit clients?

In our strive to cope with the ever growing and much more complicated development in the commercial life in the last decades, we have injected a young dedicated team in our firm who are looked at as an important asset to preserve our excellent standard of work. Our team is not only dedicated to work, but their knowledge varying from post-graduation degrees obtained from international law institutes, mastering different languages, adoption of new negotiations skills and contacts are essential tools making our firm much more advanced than any of our competitors. Together with the firms partners we are able to offer our clients both the years of experience across the fields we practice and the innovative, fresh and fervor of our ever so growing team. With their combined efforts, we are able to offer our clients perspective and approaches to their claims that are equally effective as well as distinct.

Is technology changing the way you interact with your clients, and the services you can provide them?

Over the years technology has facilitated our interaction with our local and global clientele. Conferencing in calls and video conferences have allowed us to cater to more of our clients needs and to involve them in all the steps of our legal and commercial process as if they were with us at the firm.

Moreover, our lawyers have used their extensive knowledge of the tech start-up world in order to develop and launch a legal services application titles “Maatis’aal” (in English simply translating to “just ask?”) which will launch before the end of 2017. The app will allows its users to register for updates on various legal fields that interest them as well as have the possibility of obtaining a membership to receive one-on-one legal advice and premium updates. The legal consultancy application is currently only covering Egypt, but is anticipated to further expand into the MENA region and Africa over time. The aim of the application is to expand our clientele to also encompass newly established SME’s that need legal assistance without the heavy billing.

Can you give us a practical example of how you have helped a client add value to their business?

I do not wish to get into this privileged client/lawyer relationship. I can state, however, that being one of the oldest law firms practicing in Admiralty law, and being the correspondent for the majority of the Protection and Indemnity Associations and the legal consultants for the biggest shipping companies and agencies in Egypt, we are being consulted by the government as from the early steps related to preparing the projects of the law. We are approached to give our recommendations on any pitfalls in the current legislation and how to surmount these practically and legally. This important role enables us to interpret the law in a much wider perspective and therefore, we may have a different interpretation that would assist our clients surmount any practical obstacles and red tape they may face during their everyday business. With the above in mind, we are able to work together with the government to facilitate to our clients different aspects of their businesses in the admiralty and other fields.

6) Are clients looking for stability and strategic direction from their law firms?- where do you see the firm in three years time?

Our team of lawyers work closely with all our clients, helping them plan for both vertical and horizontal growth, either in number of workers or investment opportunities. Our partners work hard and rooting our clients within their industries in order for them to become influential players and our team of advocates uses their skills in researching and developing various strategies for clients who seek to either diversify or expand. We take our due diligence very seriously and use all our resources to enable us to give our clients all the assistance needed or yet to be needed.

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