Closer ties - a new era for Switzerland's law firms?
The Swiss legal market is so well established and its clients so well served by large and reputable local firms operating within an entirely stable and predictable regime that the country often falls below international firms’ radar – but not so of late. Not only are new legislative changes to the cantonal civil procedure system being touted by some as the most important reforms since the beginning of the 20th century, but as countries such as the UK come to terms with tightening tax measures, local Swiss lawyers are reaping the benefit of a growing hub of international businesses from large bluechips to lucrative hedge fund managers now headquartered in Zurich and Geneva.
As new measures aim to bring Switzerland’s cantons more in line with one another, Caroline Hill asks if this is the dawn of a new era for the country’s law firms
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