Independent Law Firms In Europe 2007
Europe’s independent firms have ambitious growth plans for the year ahead. This year’s survey of more than 80 law firms reveals an overwhelming 98% of respondents plan to add more lawyers to their ranks in the next 12 months. This ambition is mirrored in law firms’ predictions for their home legal markets – 60% of respondents expect the market share of independent firms in their home jurisdiction to grow over the next 18 months.
With so many firms looking to recruit new lawyers, the Europe-wide war for talent shows little sign of abating, despite recent turmoil in global finance markets. This in turn will put the pressure on independent firms to market themselves as an attractive employer in terms of both quality of work and pay. Legal Week‘s survey of 83 independent firms in 25 countries goes some way in benchmarking the ambitions and strategies this growing band of law firms have up their sleeves.
