Law firms Egypt (Market Research) One of the most interesting researches conducted for key Legal / Law firms in Egypt including listing in IFLR and Legal 500 including company profiles
Research Summary :
When to entering densely crowded or scarcely entered markets, any business must look at the ever-crucial element of competition. This study analyzes Egypt’s various law firms, in order to pin down what competitive advantage a business needs to grow as a law firm. We found it most practical to rank the top law firms, and utilized two lists, the IFLR1000 and Legal 500, as our guide into the Egypt’s widely spread law sector. These two ranking systems sift through client feedback, questionnaires and interviews to establish a comprehensive ranking of a nation’s law practitioners. In brief, we found that the tier 1 firms were Baker & McKenzie and Shalakany Law Office. However, Al Kamel Law Office and Denton Wilde Sapte were considered tier 2 firms; our research goes on to list tiers 3 and 4 as well. For specificity’s sake, we managed to determine which firms excel in which fields; for example, Baker & McKenzie distinguishes itself in Mergers & Acquisitions, while, according to our findings, Al Kamel Law Office stands out in dispute resolution. To provide insight into the inner workings of these firms, we determine which of three operating models are used by a given law firm, the models include: growing organically, associating with a highly ranked US firm and associating with a US firm that is not highly ranked. When it comes to the actual presence of US firms in Egypt, we only found two that operate locally -Baker & McKenzie and DLA Piper- while a few other firms operate remotely. Beyond ranking the law firms, we dowsed through virtually all significant local law firms and laid out their areas of practice, services and their history. The purpose of this study, or any competitive analysis, is to understand the competing forces that drive any market, hatch a database, ponder potential market opportunities and, if possible, recruit talented personnel.