Legal Market Overview
Finland successfully weathered the storm of Covid-19 in 2021, seeing both a drop in cases and a return to economic normalcy. Longstanding construction and development projects that had been temporarily put on hold have resumed, and the market has seen an increase in M&A and banking and finance mandates, although there are expected increases in litigation and alternative dispute resolution in the coming years.
2021 also saw employment and EU and competition work be notably active as multinationals and Finnish corporations continued to respond to the pandemic and its reverberations throughout the Finnish economy. Nevertheless, as the Finnish market steadied itself, there was a quick return to inbound investment in major energy, real estate, and construction projects.
Firms in Finland generally fall into four categories: international firms including DLA Piper Finland Attorneys Ltd, Eversheds Asianajotoimisto Oy / Eversheds Attorneys Ltd (a member of Eversheds Sutherland) and Bird & Bird, which have set up shop to provide corporate advice to international clients; regional powerhouses including Roschier, Hannes Snellman and Castrén & Snellman; strong Finnish practices including Borenius and Krogerus, which cover a broad number of practice areas; and boutique firms, including IP and real estate boutique Properta Attorneys Ltd.