Law firms aim to cash in on Gulf mega-projects - FT.com:
"International law firms are seeking to cash in on the growing number of mega-projects and related business disputes in the Gulf, even as corporate deals work remains weak in the wake of the financial crisis.
Baker Botts of the US this week hired an entire group of 14 lawyers from Norton Rose Fulbright in Dubai to further strengthen its energy and arbitration teams, in a big bet on the Middle East as a growth market.
While some law firms have in the past found the Middle East a volatile region commercially, many see opportunities in the Gulf because of its continued appetite for industrial and infrastructural investments that are generating an increasing number of legal battles."
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