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What makes for a winning law firm in current economic conditions?

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What makes for a winning law firm in current economic conditions?

13 Feb 2015 2 min read Article

The anaemic domestic economic environment in South Africa made 2014 a challenging year.  Like our clients, we have had to consider various aspects of our firm's business in order to ensure robust and sustainable performance, without sacrificing excellent quality of service and client care.  

We have utilised this time as an opportunity for renewal and have embraced the reality of fresh foreign law firm competition in our market. We have done this in order to drive innovation around our services, the way in which they are delivered, as well as to entrench credible African continental service reach through our 15 African partner firms. 

That our clients have responded enthusiastically to these interventions is demonstrated by, amongst others, consistent high rankings in the DealMakers South African M&A transaction tables and in the Africa and Middle East region of Mergermarket's M&A 2014 Global League tables. It is enormously gratifying to once again bring home the PMR.africa law firm of the year award (5th year in a row) as an endorsement of our consistent efforts to meet our clients' expectations of service excellence. In addition our Chairman, Attie Pretorius, was recently awarded the Lifetime Achievement Award for Excellence in Real Estate at the SA Professional Services Awards. 

These awards, as well as the recognition of the work of our specialist lawyers and successful practice teams, serve as an indication that we remain on the right track. 

Understanding our clients and their businesses' needs remains our principle focus and I believe this lies at the heart of our winning ways. Our lawyers and staff come to work each day to, single-mindedly, deliver the best possible service and outcome for our clients. Our partner firms across our continent do likewise for our respective firms' clients. They go out of their way to ensure the integrated service quality and care that our clients have come to expect.

We will continue to develop best practice in key practice areas and sectors nationally, on our continent and globally in pursuit of our strategic objective of being the leading business law firm in South Africa. Clients clearly consider our services in mergers and acquisitions, capital markets, commercial real estate, commercial dispute resolution and arbitration and, tax supported by; employment law, finance and banking, competition law, projects and infrastructure and technology law, to be compelling propositions. Our sincere thanks to them for continuing to show confidence in us as their preferred legal business partners.

The information and material published on this website is provided for general purposes only and does not constitute legal advice. We make every effort to ensure that the content is updated regularly and to offer the most current and accurate information. Please consult one of our lawyers on any specific legal problem or matter. We accept no responsibility for any loss or damage, whether direct or consequential, which may arise from reliance on the information contained in these pages. Please refer to our full terms and conditions. Copyright © 2024 Cliffe Dekker Hofmeyr. All rights reserved. For permission to reproduce an article or publication, please contact us cliffedekkerhofmeyr@cdhlegal.com.

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