Elias Neocleous, Managing Partner at Elias Neocleous & Co LLC, offers an in-depth perspective on the shifting dynamics of Cyprus’ legal sector in 2024. He highlights the rising demands and opportunities facing law firms, fuelled by growing client expectations, geopolitical risks, and rapid technological advancements. Elias stresses the importance of balancing efficiency, transparency, and a personalised approach, while addressing critical challenges such as international sanctions, compliance requirements, and cybersecurity.
He also points to the need for internal focus on talent retention, diversity, and fostering a collaborative culture. With Environmental, Social, and Governance (ESG) considerations gaining prominence, Elias argues that law firms must evolve beyond traditional roles, embracing sustainability and corporate social responsibility. By navigating these challenges, Cyprus law firms are well-positioned to seize the opportunities presented by this transformative era.
The full interview can be viewed online in Forbes magazine.
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