Law firms that invested in Central and Eastern Europe soon after the fall of the Iron Curtain are enjoying the region’s enduring economic boom and seeking shelter from the London gloom. Dominic Carman speaks to partners across the region, from Vienna to Kiev
You would expect the top man at the world’s largest law firm to sound confident, however dark the economic clouds on the horizon. And so it is at Clifford Chance (CC). “Emerging markets are performing very strongly, particularly in Central and Eastern Europe (CEE), China and the Middle East,” says David Childs, the magic circle law firm’s global managing partner. As the credit crunch bites hard in the West, does Childs therefore draw some comfort from the level of new instructions east of Vienna?
