Law firms are circling Iraq, but anyone in search of a quick buck must think againThe move off the starting blocks into Iraq has been understandably cautious. Although no law firm has yet extended its Middle East network to include a Baghdad office, the energy opportunities represented by the reconstruction of Iraq are, for many companies, clearly too promising to pass up.

US firms have predictably taken the lead in setting up dedicated Iraq reconstruction groups and practices for clients eager to tap opportunities in the country.