16. 7. 2018
HAVEL & PARTNERS, the largest Czech-Slovak law firm, experienced further significant financial growth in the first half of 2018. All of its offices contributed to the growth with financial results exceeding ambitious plans for the given period. The turnover for legal services increased by 13.4% year-on-year while profits rose accordingly. The second quarter was particularly successful, with the turnover growing by 20.5%. All of the three key offices, namely Prague, Brno and Bratislava, delivered double-digit growth.
“Our firm’s revenues have continuously grown since its establishment in 2001. It is our great pleasure to say that even though the Czech and Slovak legal services markets are notably saturated and at the same time face a lack of high-quality lawyers, we are able to satisfy the most challenging requests of our clients and help them develop their business plans and activities both at home and abroad. Our wide range of specialization, our expert and HR know-how developed over many years combined with an individual approach to clients and building a strategic partnership with them now prove a great competitive edge. We appreciate that we are trusted by successful companies, individuals and foreign law firms alike. The latter engage us increasingly more often in various international projects and cross-border transactions,” says Managing Partner Jaroslav Havel.
The current excellent financial results of HAVEL & PARTNERS are based in particular on the provision of legal services to the most significant Czech, Slovak and international companies as well as Czech and Slovak entrepreneurs, including about a third of the wealthiest Czechs and Slovaks. The essential areas of our advisory include mergers and acquisitions, legal and tax structuring of personal assets and real estate projects, but our litigation and arbitration group shows notable growth as well.
“Our latest growth is also positively affected by all existing equity partners’ active involvement in managing individual advisory divisions of our law firm. Our long-term priorities still include especially reinforcing our leading market position, further expanding our services and strengthening our relationship with key clients. After years of recruiting the most experienced lawyers from other law firms, more than 90% of the growth of HAVEL & PARTNERS is now organic, and the results positively reflect the expansion of our team of partners and senior associates from in-house ranks. In mid-2018 we also bolstered management of our Bratislava office; we seek to concentrate the most talented attorneys in the market – as we have already succeeded in doing in the Czech Republic. That is why we put a great emphasis on professional development and in-house career growth, which is much faster with us than with competitors,” says Jaroslav Havel, outlining the law firm’s key priorities.