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Legal market overview

Norwegian M&A and private equity activity is strong, albeit with a disappointingly high proportion of aborted transactions, and banks have been noticeably eager to assist with financing. The country’s powerful oil and gas sector has been the main driver behind a significant number of deals.

Three full-service law firms – Advokatfirmaet BA-HR DA, Thommessen and Wiersholm – continue to dominate the upper reaches of the majority of practice areas. Selmer, Wikborg Rein and Advokatfirmaet Schjødt AS are also full-service firms that receive top-tier rankings in multiple practice areas. Notably, Advokatfirmaet Schjødt AS has been handling a tremendous volume of mandates for both private equity sponsors and corporates.

Although smaller in scale, firms such as Arntzen de Besche, Advokatfirmaet Haavind AS and Kluge Advokatfirma AS provide a comparable service in numerous practice areas. Other key players include Advokatfirmaet Simonsen Vogt Wiig, which was the result of the high-profile combination of Simonsen and Vogt & Wiig in 2013, and Advokatfirmaet Steenstrup Stordrange DA.

Notable boutiques include Aabø-Evensen & Co Advokatfirma and Advokatfirmaet CLP DA for corporate law; Kyllingstad Kleveland Advokatfirma DA for oil and gas; and Ro Sommernes Advokatfirma DA for insolvency. Real estate and construction boutique Torkildsen & co. Advokatfirma merged with Føyen Advokatfirma in January 2015 to create Advokatfirmaet Føyen Torkildsen.

Firms in the spotlight

Kvale Advokatfirma DA

Kvale is a business law firm that since 1988 has advised the local and international business community. Stable organic growth over a quarter of a century has led the firm past a number of important milestones. Not least growing from one to 50 employees and past that, towards 100 and beyond.

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