Does Linklaters’ exit spell the end for the Magic Circle in Eastern Europe?
Description
Poland’s GDP per capita could surpass Japan’s next year and may exceed the UK’s by the end of the decade.
Such statistics help explain why the Eastern European nation is seeing an influx of international business - and legal work.
Addleshaw Goddard is to take over Linklaters’ office in Warsaw in April, Clyde & Co is keenly poaching from Dentons, while Wolf Theiss and Schoenherr are also on the hunt for talent.
So what is driving this change, why does Addleshaws want in while Linklaters wants out, and what could that signal for the rest of the magic circle?
Check out the new episode of The Lawyer Podcast with Catrin, Christian, Alex and Michal to find out.
You can read more about the Central and Eastern European legal market in The Lawyer’s new Central and Eastern Europe: Opportunities and challenges for growth report here.
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