In France, as elsewhere, the Covid-19 crisis put firms under high pressure to quickly adapt to new regulations and remote working requirements, both for the firms’ own set-up and for clients undergoing the same challenge. The French market proved to be very resilient to the challenges caused by the outbreak of the pandemic in Europe, with the country’s large independent firms – as full-service outfits – able to help their clients with every Covid-related consequence.
‘There is almost a double movement in the market,’ observes August Debouzy’s managing partner Mahasti Razavi, ‘with transactional activity proving to be quite robust after a noticeable dip in spring, but a clear uptick in restructuring work.’
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