Nestor of NNDKP: Nothing of what has happened so far has been able to bring back growth

Lawyer Ion Nestor, 57, who founded and has been running NNDKP (Nestor Nestor Diculescu Kingston Petersen), one of the leading players on the legal market, says this is the second year of decline for the law firm market, amid problems facing the economy and companies.
"This year has not confounded my expectations. We did not expect miracles. We had a conservative budget, which took into consideration adverse factors. The economic context has not improved. Nothing of what has happened in the last 18 months has been able to bring about sound economic growth," Nestor told Ziarul Financiar in an interview.
NNDKP law firm last year posted 13.9 million euros in revenues, down 6% on 2008, ranking second among the largest law firms in Romania after the first year of revenue decline amid client problems, which has also put pressure on outsourced legal services.