There is a quiet air of cautious optimism among Austria's leading law firms that strikes quite a different chord from the doom and gloom that has dominated boardroom conversation elsewhere. The global downturn has sunk its teeth into every major legal market in the world, but Austria - traditionally the gateway to central and Eastern Europe (CEE) - appears to have largely weathered the storm as 2010 goes on.
March 24, 2010 at 07:13 AM
1 minute read
The original version of this story was published on Legalweek
As the economic downturn leads many international firms to leave the scene, Austrian firms are upbeat as the market turns a corner. Ben Mitchell reports
There is a quiet air of cautious optimism among Austria’s leading law firms that strikes quite a different chord from the doom and gloom that has dominated boardroom conversation elsewhere.
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