France’s construction sector is in the midst of a downturn and 2013 saw activity levels and new orders fall while the pace of job shedding quickened. Confidence for the year ahead remains low with few encouraging signs. Despite this outlook, lawyers in France have remained active on the dispute resolution front and with international projects. We select 11 lawyers to feature in this chapter.
cara a boyle
Litigation levels have soared in recent years and many firms have responded by expanding their teams. While litigation has increased across most commercial areas, product liability and bankruptcy were reported to be particular areas of high activity. In this section we identify 24 leading litigators.
With France’s economy inextricably linked to that of Europe as a whole, the past year has seen very modest activity in the capital markets. One interesting development is the use of the capital markets by companies to raise funds by issuing bonds rather than taking out bank loans. According to the Bank of France governor financing costs on the market have been lower than bank credit since 2011. We list 12 leading professionals in this field.
May 2013 saw the first ever coordinated French and US action in a bribery case. The charges were brought against Total, a French-based oil and gas company. This action was part of a very active year for the French authorities who have stepped up criminal prosecutions of companies by a significant amount. We select 18 lawyers for inclusion in this chapter.
The latest purchasing managers’ index released in December saw France’s reading falling to a seven-month low, increasing fears of a return to recession. Talks are also ongoing regarding an EU banking union, and with consensus not yet reached on a number of key aspects, France is one of many member states waiting to see what will be decided on where the funding for failing banks is to come from. In this first edition we feature nine “outstanding” banking experts.
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Nominees have been selected based upon comprehensive, independent survey work with both general counsel and private practice lawyers worldwide. Only specialists who have met independent international research criteria are listed.