Ranking of business lawyers: ten firms make 86m euros

The top ten law firms that yesterday sent to ZF copies of their tax returns submitted to the fiscal authorities collected fees with a cumulated value of 86 million euros in 2010, down 5% on the preceding year.

These firms have over 500 lawyers and account for over 40% of annual revenues recorded on the market of business legal consulting, having most big companies in Romania as their clients, from Orange and Vodafone to Petrom and Rompetrol.

Six of the ten firms had lower revenues than in 2009, but that did not change the ranking of the top five law firms, which consists of local firms Ţuca Zbârcea & Asociaţii, NNDKP, Muşat & Asociaţii, Boştină şi Asociaţii and Popovici Niţu & Asociaţii.

Lawyers expect to return to growth this year, amid an economic rebound and as a result of the large number of lawsuits in progress.