yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Aoife O'Sullivan: Expert Aviation Lawyer Reveals All


3m read
·Nov 3, 2024

Processing might take a few minutes. Refresh later.

Hi, I'm Steve Varzano with the Jet Business in London, and we're here today to start with episode one of an interview about the aviation industry. Today, I have with me IFA O'Sullivan from the Air Law Firm. She is one of the most notorious expert aviation experts in the legal system, not only in the UK but all around the world in the commercial and corporate aviation world. So today, we're going to talk to you about how somebody actually gets started in that kind of business.

Nice to see you.

Thanks, Steve. Nice to be here. I appreciate you starting our new episode series here. I've always admired your ability in this industry, which is a sea of male-dominated lawyers, and for really stepping out of that whole mold and standing out way above most of them.

I'm curious, how did you actually get into not just the legal system, but how did you really start and get fascinated by the aviation system? Maybe just give me a little bit of background on how you started and how you got into aviation.

I mean, how did I get into the legal system? It was actually my father. I wanted to buy a horse, and he told me if I became a lawyer—because I kid you not—if I became a lawyer, I could find my own. I actually started out in London in M&A in Clifford Chance, so I did that for a very long, very long hours. Then, I went off to do funds work in the Cayman Islands for a couple of years.

When I came back, one of the agents I was talking to—I was looking to go back into magic circle—and she said, "Look, I think you should meet these people. I think you'd like them." An age was a startup firm, Gates and Partners, and I literally joined within the first three weeks. We just developed that firm into—I think by the end we had about 60 lawyers, five offices, etc.—and then merged it in 2013.

How we came about to be the Air Law Firm is John Krasnowski, who's my partner, and I just decided to take it back to boutique because it's just easier to be flexible. I think this industry really needs that flexibility. You need to be able to give fixed fees if they want fixed fees. If they want you to show up at a show in Dubai, you show up at a show in Dubai. That's a little bit more difficult if you're billing every six minutes, you know, that kind of thing. So, it's just a different mindset.

What would you say is the profile of your typical client?

You know, somebody asked me that recently. We probably, I would say, 95% on the corporate jet side. We do both commercial airline work and corporate jets. On the corporate jet side— and I mean this quite sincerely— predominately business people. We tend to sit more on the owners and buyers or sellers of jets rather than on the financier side. That was actually a conscious decision because there was more competition in the legal field, but they were all pretty much concentrating on working for the big banks. So we figured right, we'll go the other side— and that must be what, 18, 20 years ago now?

A lot of the work now comes in from referrals from these people, you know— we've used her before. She did a great job, you should use her as well. So most of it is referral work.

And you think what percentage is the commercial airlines versus corporations?

Personally, I don't do much commercial myself at all. I much prefer the corporate jet world. It's very challenging. I mean, you know this as well as me: the deals are complicated, and for some reason, in the last five years, they seem to be coming even more and more complicated. For a lawyer, you kind of thrive off the complication and sorting out the problems and just making the transactions happen.

On the litigation side of the firm, they're probably more predominantly on the commercial airline side. You think you're probably dealing with more of the in-house counsel of these individuals, the CEOs of the company, and I deal directly with them.

More Articles

View All
Top 5 Most Valuable Principles #1
Embrace reality and deal with it. There is nothing more important than understanding how reality works and how to deal with it. The state of mind you bring to this process makes all the difference. I found it helpful to think of my life as if it were a g…
The Stickiest *Non-Sticky* Substance
This is one of the strangest materials I have ever seen. It is not sticky at all. You can’t even stick regular tape to it. But if I drape it over this tomato, it holds it up, unless you turn it upside down, in which case it just falls off. Now does it onl…
Elements and atomic number | Atoms, isotopes, and ions | High school chemistry | Khan Academy
We know that everything in the universe is composed of atoms, but not all atoms are the same. There are many different types of atoms called elements, each with a unique set of physical and chemical properties. Many elements are probably familiar to you; …
Justification using second derivative: inflection point | AP Calculus AB | Khan Academy
The twice differentiable function g and its second derivative g prime prime are graphed, and you can see it right over here. I’m actually working off of the article on Khan Academy called Justifying Using Second Derivatives. So we see our function g, and…
Civic life, private life, politics, and government | Citizenship | High school civics | Khan Academy
In this video, we’re going to talk about how people can interact with influence and participate in society. When you do so, you’re participating in civic life, which is distinct from your private life. Private life includes all the ways that you pursue h…
Biases in algorithms | Intro to CS - Python | Khan Academy
Algorithms increasingly control many areas of our everyday lives, from loan applications to dating apps to hospital waiting lists. As responsible consumers and now creators of algorithms, we need to think critically about how the success of an algorithm g…