Independent Law Firms In Europe: A new dawn
Europe's independent firms were told to reform or die when UK and US firms stormed their markets in the 1990s, but with the economic downturn hitting the global firms hard, the independents have been given space to thrive. Sophie Evans reports
What doesn’t kill you makes you stronger – it might sound like a quote from a self-help book, but the phrase neatly reflects the state of Europe’s independent law firms. Many did not survive the Anglo-Saxon invasion of their legal markets in the 1990s, merging instead with London and New York’s expansionary giants.
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