TRADITIONAL SWEDISH VILLAGE
SPECIAL ADVERTISING SECTION
TO BOLDLY GO
Regional harmonisation continues to shape the Scandinavian corporate market but law
firms seem loath to follow in their clients’ footsteps; is that set to change?
Maria Jackson reports
EARLIER this year, Stockholm-headquartered law firm Magnusson announced the opening of a new office in Finland. While the firm is not the first
Swedish player to launch a platform outside of its home
market, generally-speaking Nordic law firms seem reluctant to make the leap – despite the fact that their work-flow is largely regional in nature.
‘Typically legal business is local,’ says Björn Wendleby,
managing partner of Magnusson Sweden. ‘So when
advising their clients on deals abroad, our competitors
need to buy in local advice from local law firms. They
then run the risk of losing their client to a firm like ours
that has offices across the region.’ The firm is committed
to establishing a broad Baltic presence and already it has
offices in Russia, Poland, Finland, Belarus and Denmark
as well as two offices in its home market in Stockholm
and Gothenburg. A third office will be opened in January
in Malmo, and it is also looking at possible platforms in
Estonia, Lithuania and Latvia.