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The Dutch market remained affected by the global financial crisis, with a notable lull in corporate, M&A and private equity activity although firms reported a marked increase in transactions during the latter half of 2010. Firms kept busy with restructuring – including a number of prominent matters – and a rise in white-collar crime and dispute resolution cases.

Although the Netherlands is a relatively small country, many international corporations use it as a regional hub and gateway to Europe, and so the country’s law firms are regularly involved in prominent matters at EU and global level.

Leading Dutch firms such as De Brauw Blackstone Westbroek, NautaDutilh, Stibbe, and Houthoff Buruma frequently compete with the local offices of international players such as Clifford Chance and Allen & Overy LLP. Howrey LLP closed its Amsterdam office after the intellectual property team left to set up Hoyng Monegier LLP in conjunction with former Howrey LLP colleagues in Brussels, Madrid, Paris, and elsewhere. The new firm opened in January 2011 and is not yet ranked but is widely expected to do well, thanks to the number of market-leading IP partners such as Willem Hoyng, who enjoys a ‘phenomenal reputation’.

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