LAW FIRM OF THE YEAR: FRANCE
In one of Europe’s tougher markets economically, the strategy employed by Franklin helped it hit a 14 per cent increase in turnover in 2012 – significantly more than most of its bigger rivals.
Our judges praised the firm’s internationally-minded approach to doing business, saying its partners were “decent team players” who possessed a “very high level of 'get it' when dealing with their international colleagues”.
The turnover rise came on the back of forward thinking in early 2012, when a pick-up in real estate and finance work led the firm to develop those practice areas. Franklin hired three partners and another nine lawyers to meet the demand, and is working on several significant mandates and a number of big-name clients.
Franklin operates a structure with no managing partner. Instead, each of its 12 partners takes responsibility for an area of management, and all decisions are made collectively. The firm is unusually international for a French practice, with lawyers from a number of jurisdictions. Although Franklin has been recruiting recently, the firm is also keen to develop and promote from within.
Franklin is committed to diversity, and the majority of its lawyers are women.
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