While others have focused on the project potential of Eastern Europe, Norton Rose has carved a profitable niche further south, boosted by its Greek office. Norton Rose is the only UK firm licensed to practise in Greece after it relaunched there as Law Office Howard in August to avoid the criminal proceedings facing 10 UK firms for operating illegally.
For the electricity project, Norton Rose worked in a team led by utility consultant National Economic Research Associates. The project focused on establishing an independent company that will supervise the operation and expansion of the Greek electricity network. New regulations, codes and trading arrangements were also put forward to govern the newly opened electricity market.