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‘2010 - the private realm will start seeing positive developments’

April 2010

Interview with FLORIAN NITU, Managing Partner of Popovici Nitu & Asociatii.

By Monica Apostol

NINE O’ CLOCK. How do you see the trend of law firms in 2009? And how did Popovici Nitu & Asociatii fare in terms of development and turnover?

Business law firms - there is a reason behind this name - reflect the state of the economy and consequently the law firms fared as the economy. As we could see, the economy fared unevenly. In a word, there was a hard, dense, consistent year. As early as in 2008, I characterized the current state of mind in just a phrase, which - I believe - reflects today’s things well: We will work more, for less. It became obvious to us and on such basis we have decided to add more resources and projects. Actually, we have extended our team by a significant number, almost 10 people. Additionally, we continued to invest in training, we have profiled the Knowledge Management Group and have focused to economic zones where we thought there is organic growth potential. We were pleased to see that, during last year, we were able to achieve growth in these adverse market conditions but, as I said , this came at additional cost, with many resources and, generally speaking, with extended permanent effort.

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