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Euro Elite 2022 > International

Euro Elite CEE: The middle ground

Independent firms in CEE have long resisted political and economic tensions as well as prolonged attention from global players in the region

Posted on 25 February 2022 09:30am24 February 2022 19:35pm
Elinor Coombs and David Koehne

Compared to previous uncertainty faced across the CEE region at the start of the pandemic, countries have started to recover well with transactions regaining speed. For independent and regional law firms, market conditions are favourable, and firms with office networks that span the region are well placed to handle increasingly cross-border transactional work. As US firms continue to gradually scale down their operations in jurisdictions across the region, many lawyers have become wary of working for the big international players, which is a boon for more localised firms.

In Poland, where the legal market has remained strong and withstood the effects of the pandemic considerably well, law firms are benefiting from continued growth in the economy. Poland also continues to see international inward investment and its geographical position places it at the crossroads of numerous transport routes across Europe, both of which are factors enabling its continued economic success.

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