Sachsen

This region’s two major cities are Dresden and Leipzig; the latter has long been the financial and economic center, whereas the former is seen more as a cultural and administrative hub. Sachsen firms are generally broad-based and advise on areas such as employment, corporate and litigation, but considerable growth among companies has led to increasing demand for specialist fields, such as IP and energy. There has been a consolidation of the regional legal market following the departure of some large firms, meaning the remaining business is shared between fewer market players.

Significant developments:

- Almost all large firms and three of the Big Four now favor Leipzig over Dresden.

- Firms in Dresden struggle to find new talent as the TU Dresden’s abolition of its law degree makes it difficult for local firms to approach law students in the region.