HAVEL & PARTNERS' revenues grow again in double digits

24. 07. 2023

In the first half of 2023, HAVEL & PARTNERS, the largest Czech-Slovak law firm, recorded double-digit growth in revenues from net legal and tax services, which increased by 12% year-on-year. Excellent economic results were achieved particularly by the Slovak office.

HAVEL & PARTNERS' revenues from legal and tax advisory services for the first six months of 2023 amounted to CZK 502 million. Compared to the results for the first half of 2022, revenues have increased by 12% year-on-year. The positive development of the economic results was supported by both the Czech and Slovak offices, which reported revenue growth of more than 20%. The entire group's revenues exceeded CZK 600 million in the first half of the year. 

"Through a targeted strategy and adaptation to the current needs of our clients, we successfully responded to the dynamic market situation in the first half of 2023, while economic activity is gradually recovering. In the first half of 2023, we thus saw an overall positive trend with a good growth rate, which was also reflected in revenues. Compared to 2022, demand for legal services has increased, particularly in the areas of technology, venture capital, digitisation, tax advisory and other areas. At the same time, we continuously offer legal advice to clients in situations where they are still coping with the consequences of the events of the last two years, especially the consequences of the conflict in Ukraine, high inflation or high interest rates, and our team offers them help with an effective solution," said Jaroslav Havel, managing partner, commenting on the market situation. 

The firm's economic growth was supported by services in the public sector, restructuring and insolvency, litigation practice, as well as advice on technology and commercial sector law. There was also interest in tax legal advisory services, with revenues from this area increasing by 24% year-on-year. HAVEL & PARTNERS has been growing continuously since the firm was founded in 2001. It has long offered top-quality and comprehensive legal and tax services and advice to leading Czech, Slovak and international companies, as well as Czech and Slovak entrepreneurs. It currently has more than 3,000 clients and provides legal services in all practice areas and industry sectors.

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