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Norway > Law firm and leading lawyer rankings

Editorial

Legal market overview

While low commodity prices continue to impact the Norwegian market with insolvency work remaining active and the oil services and offshore sectors struggling to recover after the drop (particularly in Stavanger and Trondheim), the market as a whole is weathering the storm and remains fairly stable. Transactional work remains prevalent and the real estate sector is driving many practices forward, with the weak krone bringing in foreign investment. Infrastructure mandates have also been at the forefront with the proposed privatisation of the Norwegian rail network bringing significant work for local firms.

Norwegian full-service firms make up the majority of the legal market, with Advokatfirmaet BAHR AS, Advokatfirmaet Thommessen AS, Advokatfirmaet Schjødt AS, Wiersholm and Wikborg Rein being the key examples. While the trend of previous years towards the creation of boutique firms has slowed, construction boutique Advokatfirmaet Glittertind AS and oil and gas firm Michelet & Co Advokatfirma AS have established themselves in the market and are now key players in their respective fields.

Several firms have also rebranded with Advokatfirmaet Steenstrup Stordrange DA now operating as SANDS and Brækhus Dege Advokatfirma DA now Brækhus Advokatfirma DA. The market is still largely devoid of international firms, although DLA Piper and Deloitte Advokatfirma AS are notable exceptions.

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