In 2018 the economic results of HAVEL & PARTNERS were the best for the past 5 years; all of its three offices grew at double-digit rates

Prague, 19 February 2019

The largest Czech-Slovak law firm HAVEL & PARTNERS had the best economic results in 2018 for the past 5 years. The overall turnover of HAVEL & PARTNERS increased by 17.4% year-on-year in 2018, while mainly the third quarter was the most successful with turnover growth of 23.1%. All of the three HAVEL & PARTNERS offices in Prague, Brno and Bratislava grew at double-digit rates, and profitability increased accordingly. The total turnover for pure legal services amounted to CZK 646.9 million (EUR 25.2 million), which represents a year-on-year increase by more than 17% in the Czech offices of HAVEL & PARTNERS, and even by more than 20% in the case of the Slovak office. Revenues of the entire group, including the collection agency Cash Collectors, will exceed CZK 800 million (EUR 31.2 million).

2018 was one of the most successful years for economic results in our eighteen-year history and the first year under the new name HAVEL & PARTNERS. We consider as crucial particularly the fact that we have managed, without any difficulties, to follow up on previous achievements and to shift to a new stage in the best economic condition, in which we are even more focused on the most comprehensive legal cases, including the settlement of complex disputes. We are especially pleased with the results of our Bratislava office, where we have stabilized the staff and strengthened the management with two partners and other senior colleagues,” stated Jaroslav Havel, managing partner of HAVEL & PARTNERS, commenting on last year’s results.

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The revenues of HAVEL & PARTNERS have grown continuously since its founding in 2001. This is mainly thanks to the provision of legal services to major Czech, Slovak and international companies, as well as Czech and Slovak entrepreneurs, including about a third of the richest Czechs and Slovaks. Mergers and acquisitions, legal and tax structuring of personal assets, and real estate projects remain our key practice areas. Our advisory groups specialising in competition law and competition economics, restructuring and insolvency, and litigation and arbitrations are also significantly growing. 

“Our broad specialisation, long-term expertise and personnel know-how combined with an individual approach to clients and building a strategic partnership with them, when the legal services market is practically saturated, now seem to be our major competitive advantage. We appreciate that not only successful companies and individuals but also foreign law firms trust us. The latter have been involving us more and more often in various international projects and cross-border transactions,”stated Jaroslav Havel, summarizing the position advantages in the market.

 

 
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