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International > Italy

The Italian report – Midway upon the journey of our life

The Italian legal market is at a turning point. Traditionally defined by fragmentation and flux, it is moving into consolidation. Who will be the winners in this new era?

Posted on 11 February 2020 09:30am10 February 2020 14:47pm
Marco Cillario
Italy Europe

Visiting Milan at the end of 2019, it was striking that a map of law firms’ office addresses drawn up just the year before was no longer reliable: too many had moved, taken up larger premises… or no longer existed.

Finding our way to meetings with 20 partners at domestic and international firms, an unusual buzzword was emerging: consolidation. ‘There are too many Italian firms and there is not space for everyone, so they need to consolidate,’ argues one Milan-based partner of a foreign firm.

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