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The Netherlands remains a key gateway to Europe and its favourable tax regime means it is often party to inbound transactions from growth markets such as those in Asia. Private equity and M&A picked up again during 2011, with a focus on cross-border and sector-specific matters, particularly energy and healthcare.

The Dutch legal market is saturated with law firms, with major local players such as De Brauw Blackstone Westbroek, Houthoff Buruma, NautaDutilh and Stibbe competing closely with international firms such as Allen & Overy LLP and Clifford Chance. Firms are increasingly looking to gain an international foothold or focus on niche areas such as intellectual property in order to establish points of difference to compete in a highly competitive market.

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