LAW FIRM OF THE YEAR: THE NORDICS

WINNER: Castrén & Snellman

There were several aspects of Castrén & Snellman’s submission for Nordic firm of the year which appealed to the judges, but what really stood out was its honesty in a highly competitive category.

The 125-year-old Finnish firm has long positioned itself as a full-service outfit, but in 2013 it carried out a strategic review of its offering. Partners were asked to analyse their market position, look at competitors and define their competitive differences.

Castrén & Snellman also invested in improving its project management skills last year, with an incentive scheme for the best project manager each month. New technology was also introduced and the firm plans to continue investing in client-centric software to improve its processes.

Last year also saw the firm look towards 2020, exploring megatrends such as digitisation so it has an idea of how its clients’ businesses might change in the future.

Castrén & Snellman stands out among Europe’s law firms for its commitment to diversity. A third of its partners, half of its management group members and two out of seven board members are female – as is managing partner Pauliina Tenhunen.

Shortlist

  • Hannes Snellman
  • Magnusson
  • MAQS Law Firm
  • Roschier
  • Schjødt