After four long days in which the world waited to see who would prevail in the U.S. presidential election, lawyers from across the globe reacted to news that Joe Biden had defeated Donald Trump by taking stock of what the change in U.S. leadership would mean for their legal practices around the world. 

In Europe, Joseph Smallhoover, a former Bryan Cave Leighton Paisner and a Paris-based international business lawyer who has practiced in France and Germany for about three decades, said Biden was likely to shift policies that affect the environment and financial regulation.