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Editorial

Legal market overview

The trend that has been redefining the legal landscape in Poland can be described in a single word: change. Whether it included amending the rules for the conveyance of agricultural land, introducing controversial banking tax legislation or altering the employment regulation on zero-hours contracts, new government policies have impacted corporates and legal practitioners alike.

The energy sector was affected by a political shift towards conventional energy sources. With the updated regulation, new onshore wind energy projects were effectively halted, creating uncertainty for lawyers specialising in renewable energy. Conversely, there is renewed interest in the coal, gas and offshore energy space. Both trends are likely to generate work for years to come for energy and restructuring practitioners alike.

Work in the capital markets space remains challenging, particularly on the equity front, with the uncertain future of the Warsaw Stock Exchange causing headaches to domestic and international investors.

The real estate market remains buoyant –especially in the office and retail space – not only in Warsaw but also in other cities, despite some predictions that the property bubble would burst.

Chadbourne & Parke exited the Polish market; the firm now operates as Radzikowski, Szubielska i Wspólnicy sp.k.. Noerr acquired DJBW, expanding its operations in Poland, particularly in the banking sector. In other news, Sławomir Szepietowski was appointed managing partner at Bird & Bird Szepietowski i wspólnicy sp. k., following Maciej Gawroński’s departure to Maruta Wachta sp. j..

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