The Legal 500

Netherlands

Editorial

Legal market overview

A fragile eurozone has contributed to a contracting Dutch economy and the government has instigated austerity measures. Against this backdrop, one of the jurisdiction’s largest financial institutions, SNS Reaal, was nationalised in 2013 as a result of its weak finances. However, the Netherlands’ position as a neutral country and its corporate-friendly tax regime means it remains an attractive market for international business, particularly inbound and tax-driven deals.

Local law firms remain resolutely independent, with firms such as De Brauw Blackstone Westbroek competing prominently alongside foreign players such as Allen & Overy LLP and Clifford Chance.

Meanwhile, Jones Day’s entry to the market signals the interest of US firms that do steady business in the jurisdiction. The firm’s key lateral hires include Ferdinand Mason from Boekel De Nerée, Johan Kleyn from Allen & Overy LLP and Marcel van de Vorst from Norton Rose Fulbright.

In a market saturated with large law firms, the trend for established lawyers to join or found boutiques continues. Christiaan Alberdingk Thijm left SOLV Advocaten to set up bureau Brandeis, while corporate boutique Rutgers & Posch recently hired insolvency specialist Karen Harmsen from Stibbe, as well as finance lawyer Kees Westermann from Linklaters.

Huyzer Doornik Der Kinderen, Attorneys at Law and Tax Lawyers is now known as HDK, Attorneys at Law and Tax Lawyers.

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Legal Developments in Netherlands

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • AKD assists Eurofins Scientific Group

    AKD assists Eurofins Scientific Group with the acquisition of Laboratorium Zeeuws-Vlaanderen B.V. and ALTIC B.V.”
  • New Late Payments Directive

    Despite the implementation of Directive 2000/35/EC on combating late payment in commercial transactions in 2002, the European Commission (the “Commission”) concluded in 2008 that late payments were still widespread in the EU. It also turned out that public authorities in certain Member States were stipulating unjustifiably long contractual payment periods for transactions.
  • Amendment of the Collective Redundancy Notification Act

    On 1 March 2012 the Collective Redundancy Notification Act (Wet Melding Collective Outslug, "WACO") will be amended. What changes does this involve?
  • New Corporate Law Legislation

    In the field of corporate law, there are four (coming) Acts that attract attention, namely the introduction of the tenth book of the Dutch Civil Code, the amendment of the Marital Property Act and, to conclude, the coming entry into effect of the Management and Supervision Act and the Flexibilization of BV Act. Please find below a short explanation of each Act.
  • Shipping & Transport - Netherlands

    Attaching maritime assets in insolvency
  • The employment of foreign workers. What issues do you need to be aware of as an employer?

    The employment of foreign workers regularly raises questions. A brief summary of the most important areas of attention will be dealt with in this article.
  • Non-solicitation agreement violated via LinkedIn

    A non-solicitation agreement usually restricts the ability of an employee - after an employment contract has ended - to approach the clients of the former employer. The former employee of a software company recently discovered that the scope of such an agreement can also include contacts made via LinkedIn.
  • NETHERLANDS AS A GLOBAL FINANCE CENTRE

    Few jurisdictions can boast a foreign direct investment record like the Netherlands. As the world's seventh largest inward receiver of investments, housing approximately 9000 foreign-owned companies, the country's dynamic business environment provides an invaluable insight into macro investment trends.
  • Forming a company in the Netherlands

    The Netherlands and Dutch law The Netherlands is a perfect business location for foreign entrepreneurs (2,000 subsidiaries in Amsterdam, 140,000 jobs). It is the gateway to densely populated Western Europe and has a well-developed logistic and technical infrastructure.
  • Leasing of commercial premises in the Netherlands

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