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Legal Startup Oryx Facilitates Deals Worth Over $1.25 Billion

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Oryx Consultants, a pioneering UAE-based legal start-up providing alternative solutions to the traditional ways organizations access legal advice and services, facilitated over $1.25 billion worth of deals in the first half of 2023.

Oryx has redefined legal services offerings with its unique flat-fee and fractional business model, gaining significant traction among major financial institutions and corporate organisations.

Since July 2022, the company has served more than 40 clients, highlighting the surge in demand for flexible and innovative service models in a rapidly evolving market.

trust and confidence

Vanessa Abernethy, co-founder of Oryx, commented: “Our extraordinary growth demonstrates the trust and confidence clients have in Oryx Consulting’s capabilities and our unique service in handling complex and high-value transactions. The firm is committed to providing tailored legal support and Oryx Consulting’s innovative approach has resulted in a growing number of satisfied clients benefiting from these recommendations.

“With demand for general counsel services in our specialist segment, fund directorships, Islamic and conventional fund structures, asset management, Middle East financial services regulation and M&A activity, we hope to continue by providing strategic advice and positioning ourselves as a go Our Growth Trajectory – A resource for organizations seeking comprehensive and flexible legal solutions.”

In response to this extraordinary growth trajectory, Oryx has strategically expanded its experienced advisory team with the appointment of two new senior members, Gregory Nicolas and Lulwa Mutawi. These appointments underscore Oryx’s commitment to enhancing its unique service model and meeting its growing and diverse customer base across multiple geographies.

Funding space

Nicolas, known for his extensive legal and governance expertise in Luxembourg banking and asset management, is expected to strengthen Oryx’s offering in the Luxembourg fund space. Nicolas’ impressive track record of achievement covers multiple aspects of the fund lifecycle, including investment strategy, asset management, distribution, corporate governance and regulatory issues.

Mutawi is an experienced lawyer with a dual background in Jordan and the UK, with extensive corporate and commercial experience in various fields. Her expertise in leading high-level commercial negotiations and providing strategic advice to executive management and the board of directors will enhance Oryx’s corporate advisory services.

Natalie Boyd, co-founder of Oryx, said: “Our decision to welcome Gregory and Lulwa to the Oryx platform is a testament to our innovative business model’s ability to respond seamlessly to the needs of the market and the company’s accelerated growth. Oryx’s attractive model has gained traction in a short period of time. Assured by additional resources, these consultants bring an additional high-level skill set to augment our existing capabilities. Their existing client base will also now have access to a wider range of services through our platform, strengthening our presence in the market.”

expand the scope of influence

Oryx’s success is further reflected in its growing presence in multiple markets including UAE, Saudi Arabia, US, UK and Europe. Serving primarily the financial services sector, private entities and sovereign and family offices, Oryx continues to lead in transactions in the GCC, Africa and Eastern Europe.

With these latest developments, Oryx is paving the way for a new wave of legal and business services, offering more efficient, effective and flexible models to meet the changing needs of businesses across industries and geographies. — trade arab news agency

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