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Legal market overview
The Big Four firms – Kromann Reumert, Bech-Bruun, Plesner, and Gorrissen Federspiel – dominate the Danish legal market and are all based in Copenhagen. Kromann Reumert is significantly larger than its competitors. Following its merger with Philip Law Firm in January 2012, Bech-Bruun subsequently expanded again, this time in Aarhus where some lawyers from former breakaway group Holst, Advokater rejoined the firm.
All the Big Four except Plesner have offices in Aarhus in Jutland, Denmark’s industrial heartland. Leading Aarhus firms, such as Delacour Dania Law Firm, also maintain offices in Copenhagen. Lett Law Firm has offices in Copenhagen and Aarhus, but the Kolding office closed at the end of 2012.
Intense competition for standalone legal work fuelled the battle to recruit talent as well as the formation of specialist boutiques offering competitive rates, among them Labora Legal. Market consolidation continued, with Bang + Regnarsen merging with pan-Nordic MAQS Law Firm. In 2013, Eversheds LLP closed its office and entered into a relationship with Ronne & Lundgren, transferring over some lawyers, while former managing partner Nikolaj Juhl Hansen joined Magnusson Advokatfirma. Elsewhere, Accura Advokatpartnerselskab’s tax department formed a separate transactional consultancy, Accura Tax. BvHD became part of Bird & Bird in May 2013.