If market commentators thought the world was ready to get back on an even keel after two years of global pandemic, events of recent months have very much put paid to that notion. But while law firms and their clients still have much volatility to contend with, the 2022 financial results season has once again underlined the resilience of the global legal market, with a steady stream of firms posting more than healthy revenue and profit hikes.
And the leading offshore law firms are no exception, with booming deal markets, post-pandemic restructuring work and emerging trends such as environmental, social and governance (ESG) contributing to a landmark year for many.
