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Legal market overview
The Danish legal market is dominated by a ‘Big Four’ of Copenhagen-based firms: Kromann Reumert, Bech-Bruun, Plesner, and Gorrissen Federspiel. Kromann Reumert is larger than its competitors, although it downsized in 2012. Each of the four except Plesner has offices in Aarhus in Jutland, Denmark’s industrial heartland. Leading Aarhus firms, such as Delacour Law Firm, also maintain offices in Copenhagen and Lett Law Firm has offices in Copenhagen and Aarhus. In January 2013, the former Kolding office of Lett Law Firm re-launched as Andersen Partners.
Two significant foreign firms have offices in Copenhagen as part of a strong Nordic presence and are differentiated by their areas of expertise. Nordic region law firm Hannes Snellman Attorneys at Law Ltd focuses on transactional work and Bird & Bird has particular strength in information technology and related matters.
Denmark’s economic recovery has been reflected in a recent increase in transactional activity, although there were few big-ticket deals and insolvencies remain an ongoing reality, notably in real estate and construction. The legal market has been contracting, particularly in the mid-market space, although the Big Four have also reduced their numbers. At the same time, intense competition for standalone legal work fuelled the battle to recruit key talent and, together with pricing pressure, is supporting the emergence of specialist boutiques offering competitive rates.
Legal Business: country analysis
Breaking new ground – advisers hope shale revolution can restart CEE market
Weighed down by political unrest and slowing economies, energy and infra projects look like one area to be driving
the CEE economy. Can the shale revolution power up
Click here to read the feature.
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Since introduced into Danish Law with effect of 1 January 2008 the Danish judicial system has gained its first important experiences with class action as a way of handling disputes with multiple similar claims. At Lundsgaard & Partnere... Don't bank on it
Partner Søren Stenderup Jensen and Assistant Attorney Sebina Harder have written the article "Water plans and buffer strips: reducing emissions into watercourses", which has been published in the current edition of International Law Office (ILO).
Legal Consultant Casper Bjerregaard Eskildsen has published the article "Insourcing and Outsourcing in a VAT Context" in the latest issue of Intertax.
Partner Søren Stenderup Jensen and Senior Attorney Ellen Skodborggaard have contributed the article "Monster Rain: Further advice on how to avoid damage from flooding" to the latest issue of International Law Office (ILO).
The latest issue of the International Law Office (ILO) newsletter on environmental law includes the article "Agency introduces guidelines on low frequency noise from wind turbines" by Søren Stenderup Jensen and Sebina Harder .
Health and safety at work The amendments to the Danish Anti-Smoking Act recently entered into force, and workplace smoking policies may therefore need to be amended.
Discrimination - Equal Treatment Act The question of whether EU law entitles an employee under notice to receive pay during the notice period if this period coincides with a period of unpaid parental leave will be considered by the Danish Supreme Court.
Discrimination - Equal Treatment Act Supreme Court ruling on compensation under the Part-Time Employment Act A dental assistant who was dismissed after refusing to work full time was awarded 3 months’ pay by the Danish Supreme Court.
Discrimination - Equal Treatment Act The Danish Supreme Court refuses to refer the issue of lower pay and termination due to age of under-18s to the EU Court. Age discrimination is prohibited by the Danish Anti-Discrimination Act and the Employment Equality Directive. In Denmark, however, this general principle is subject to the derogation that employers are permitted to pay under-18s less than adults and to terminate their employment once they turn 18, so long as the employer is comprised by a collective agreement containing specific provisions on under-18s in relation to recruitment, payment and termination.
Holiday The EU Court recently ruled that employees who fall sick during holiday are entitled to replacement holiday.
Ekaterina Ilina, an associate of DS Law.Attorneys, was ranked in Top-4 of the leading associates in St. Petersburg according to the rating of the newspaper “Delovou Peterburg” in the nomination 'Associate of Winter Season 2014/15'.- DS Law
Ogier is leading offshore adviser to European IPOs
Growth in BVI Approved Manager licences in 2014
Ogier shortlisted as Law Firm of the Year, EMEA, in Citywealth Magic Circle Awards 2015
The CMS Bureau Francis Lefebvre Africa team advised the Amethis Finance investment fund and Moroccan group Label’Vie on the acquisition of a stake in Compagnie de Distribution de Côte d’Ivoire (CDCI), the number two in food distribution in Côte d’Ivoire, with 127 shops around the country.- CMS
On March 16, 2015 the Regional Court in Warsaw in a case brought by Konrad Kornatowski (the former Police Commander in Chief) against Jan Rokita (a well-known Polish politician, the former member of the Polish Parliament) for payment of PLN 100,000 as compensation, dismissed the action in full and awarded against the Plaintiff to the benefit of the Defendant the amount of PLN 3,617 as reimbursement of costs of the proceedings.
The international Chambers Global 2015 rankings have again hailed the Tax Practice of Pepeliaev Group and its Managing Partner Sergey Pepeliaev the best in Russia in tax litigation (band 1 and Star Individuals).
A delegation from Pepeliaev Group recently made a business visit to London. During the trip, the firm's lawyers took part in seminars organised jointly with leading British law firms.