Legal Business

Euro Elite 2024: Art of resilience

Overview

Resistance is agile – Euro Elite firms adapt to survive amid global turbulence

Although the nervousness felt by the Euro Elite last year was justified, there has never been a better time to be an independent and flexible European firm

The Euro Elite main table

Market overviews

Baltics – ‘Baltic conditions’

The headwinds facing independent firms in Estonia, Latvia and Lithuania are biting as hard as anywhere else across the Euro Elite. How are they faring?

Benelux – ‘Moving with the times’

Independent firms in Belgium, Netherlands and Luxembourg are capitalising on their agility amid periods of uncertainty

CEE – ‘Firm foundations’

While CEE firms are buffeted by a combination of headwinds blowing across the region, there is considerable optimism for the next 12 months

France – ‘More of the same?’

Economic and geopolitical uncertainty has thrown France into as much turmoil as it has elsewhere but French independent firms continue to demonstrate their resilience

Germany – ‘Navigating tumultuous waters’

As Europe’s largest economy, the struggles of 2023 have clearly impacted German independent firms. Adaptability is key to survival

Iberia – ‘Out the other side’

Despite a tentative start to 2023, few in the Iberian market could have predicted how turbulent the past year would be. What next for its independent firms?

Ireland – ‘Under pressure’

With tougher times looming, how long can Ireland’s resilience last?

Italy – ‘Time to shine’

Investment in talent and technology has enabled the leading Italian independents to go from strength-to-strength in challenging conditions

Nordics – ‘Horizon scanning’

Despite myriad global shocks, independent firms across the Nordic region experienced an unexpectedly positive 2023

Southern Europe – ‘Treading carefully’

Independent firms in the south of Europe have been touting the cliché ‘cautious optimism’, despite struggles nearby

Switzerland – ‘Endurance race’

Confronted by a seemingly increasing set of obstacles, Swiss law firms are used to having their mettle tested

Comment

The Last word – ‘Euro vision’

As part of our annual Euro Elite report, management at independent firms in Europe give their views on today’s market challenges