Law firm of the year: The Nordics
There’s no doubting the velocity at Finnish firm Borenius. With a strong focus on banking, capital markets and corporate work and with clients such as Nordea, Morgan Stanley, OP Bank, CapMan, Kesko and Intera Partners, the Helsinki-headquartered firm has put in a consistent financial performance: profits are up 37 per cent and turnover up 10 per cent against 2017. Borenius has seen a slew of major hires to bolster its key practice areas and with a representative office in New York, has an exceptionally well-developed business focused on the US, which has yielded strong results. It has invested in lawyers’ development with an LLM scholarship and refreshed its training academy in 2018.
The basis of Borenius’s success rests in the ‘one firm’ mentality which was underlined in September 2018 by its partner compensation policy, which rewards collaboration. ‘This is a small firm punching at premium level globally through a very focused engagement with the top-level firms and clients in London, New York and beyond,’ noted the judges. ‘Premium and efficiency, and a focus on performance at the highest level, run through all elements of their submission.’
Highly commended: Simonsen Vogt Wiig
Oslo-headquartered Simonsen Vogt Wiig saw pleasingly strong growth in 2017 with turnover up by 10 per cent and a slew of mandates for Norwegian ASA, Telia, Apple, Tesla, Yara and FSN Capital among others. Its progress on diversity is particularly noteworthy, with a 40 per cent increase in female partners over five years. The judges praised its ‘strong year-on-year growth’ and its ‘dynamism’.
Advokatfirmaet Simonsen Vogt Wiig
Dittmar & Indrenius