Switzerland: Swiss ease
A conservative approach and determined focus on serving a domestic market has ensured continuing independent law firm domination of the Swiss legal market. Now, as Europe's economy slows, there is evidence that this strategy leaves Switzerland better placed than its neighbours to handle a recession.Vischer's Rolf Auf der Maur remains upbeat about his firm's prospects. "This has been a record year, the first half was very strong, although the second half was more average. My perception is that nobody is complaining yet," he says.The firm's diverse practice gives it every reason to believe that it will continue to thrive. In addition to handling corporate and M&A work, it has pioneered expertise in growth areas such as TMT and intellectual property.
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