CEE Legal Matters: Special Year End Issue (Year 3)
Against this gloomy backdrop, optimism might seem to be in short supply. And yet, at least in the legal industry, it’s perhaps not completely unwarranted.
First, as the participants in this year’s Expert Summit (page 12) attest, business in CEE continues to grow. Partners at law firms in some of the most troubled CEE countries, such as Ukraine, Russia, and Turkey, remain positive, and firms in many other CEE countries, such as Austria, Hungary, and Romania, report increased growth, profits, and enthusiasm. Those reports are borne out by our annual Table of Deals ( page 32) as well, which is much larger than it was in 2015 – which itself, in turn, was much larger than it was in 2014.