Legal Market Overview
Thanks to a relatively buoyant economy, the Kenyan legal market is in relatively good health. Political stability since the disputed election results in 2017 has added to positive sentiments, but deal activity has been somewhat disappointing and firms have suffered from a slightly depressed real estate sector. Growing public debt has also been another cause for concern.
The Kenyan legal market experienced considerable change in 2019. Kaplan & Stratton Advocates, one of the market’s most prestigious firms, lost four of its most celebrated partners, who launched NBMA Advocates LLP, which immediately became part of ENSafrica‘s continental network. The establishment of NBMA Advocates LLP follows a recent trend of internationalisation in Kenya. CMS Daly Inamdar Advocates allied itself with CMS in 2019, which followed the arrival of Dentons in Kenya through Dentons Hamilton Harrison & Mathews, while another leading local firm, Walker Kontos Advocates, is allied to Norton Rose Fulbright. At the same time, South African firm Bowmans is now a recognised leader in the local market, while top domestic outfit Anjarwalla & Khanna continues to forge ahead across the continent through its Africa Legal Network.