Law firms look forward to 'Macron-economic' boost in France
What will France's new political regime mean for top law firms in the market?
July 04, 2017 at 04:54 AM
5 minute read
France has long been a challenging place in which to do business. The historically left-leaning country's high taxes and tough labour laws often have made it a frustrating market for international investors – and their lawyers.
The situation in recent years has been particularly difficult. International law firms have had less work in France, thanks to a combination of the global financial crisis and the stifling actions of former President Francois Hollande, a dyed-in-the-wool socialist who ran on an anti-business ticket and made good on his promise with a series of tax hikes and new regulation.
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