Walkers, the international law firm, has opened Dubai International Finance Centre’s first fully transactional office for an offshore law fi...

Walkers, the international law firm, has opened Dubai International Finance Centre’s first fully transactional office for an offshore law firm. The new office will be staffed by regional lawyers and staff from Walkers’ London office who specialize in Islamic finance. "As the formation of investment funds, private equity funds, and Sukuks – a type of Islamic bond – continues to soar, the need to provide global counsel has grown too," Walkers said in a statement. The new Dubai office will be led by managing partner Rod Palmer and partner Robert Varley, who will oversee business development in the Middle East.