Strong competition from UK and US firms in Paris and a penchant for tight, focused practices means French firms do not feature large among the Euro Elite.
With its lack of large full-service domestic law firms, the French legal market is unique when compared with other European jurisdictions. A traditional culture of non-partnership and a low threshold when it comes to international investment has created a legal landscape where the few larger French firms face fierce competition from smaller French boutiques, as well as the significant US and UK presence that dominates the Paris market.
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