A Day In The Life: Putting A Premium On Knowledge
Liz Grace is a partner in Matheson's Asset Management Group. She specialises in EU and Irish investment funds law. In 2007, she set up Matheson's first dedicated knowledge development unit at practice level within the firm, which today has grown to service the 60 plus members of the Asset Management Group and its clients. In collaboration with Maynooth University, Liz has recently established Ireland's first and only university-taught investment funds law course in order to make this area of law accessible to Irish third level students for the first time.
8.15 am: By this time, an early morning start for myself and my husband means that Jean (six) and Tom (four) are happily all set and ready for their day, we have said our goodbyes and have all headed in our separate directions. My first stop every morning is to get through the large amount of information feeds I receive from various sources and media from very early on in the day, and to scrutinise for relevant content - an important part of my team's remit at Matheson is to track European and Irish legal, regulatory and market developments relevant to our asset management practice and our clients. We also analyse trends, statistics and market intelligence emerging from think tanks, regulatory bodies, industry bodies, European institutions, regulatory speeches and various global organisations.
9.15 am: My team prepares briefings for our practitioners every day, and very often throughout the day as relevant matters arise, which can then be usefully shared with our clients. For our lawyers, this direct knowledge transfer is critical for operating in such a technical and dynamic legal practice area - and to thestandard required by our predominantly international institutional client base. It also serves to position our practitioners to know what is coming down the tracks, and to communicate this with clients accordingly. If a significant development occurs which requires across the board communication to our clients, my team will respond with an immediate Matheson briefing on the matter for direct distribution to our clients and contacts. In my experience, our clients appreciate attention to detail when it comes to keeping them apprised of these developments. Having the full picture is important, and we are fortunate at Matheson with 10 asset management partners involved in over 20 industry working groups at Irish and European level - as it is essential to be on the regulatory pulse particularly in an industry where things can move so...
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