Ion Dragne, Managing Partner at Dragne & Asociatii, was interviewed by a business publication on the evolution of the legal market in 2012 and its perspectives in 2013.
Mr. Dragne stated that this evolution has exceeded the expectations for 2012. This was due to the main “drivers” of the legal market: litigation, arbitration and insolvency. In 2013, business lawyers and businessmen in general are expecting a much calmer political climate and measures that support economic growth (fiscal stability, privatizations, encouraging the investors and investments, transparency of public procurement contracts etc.).
Strictly regarding the legal market, Mr. Dragne sees an acceleration of the competition between law firms in 2013, and a growing concern for efficiency and flexibility.