The legal sector in Europe’s largest economy has skipped the recession but what lies ahead?
August 28, 2024 at 10:34 AM
4 minute read
Germany’s legal market has so far defied the country’s broader economic downturn, with senior legal consultant Markus Hartung describing the upbeat financial results as “business as usual with Big Law in the pink”.
The resilience is particularly striking given that the IMF cited Germany as the only G7 country to experience a GDP decline in 2023. No wonder German lawyers feel content with 2023 results and cautiously optimistic about 2024.
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