| International law firms welcome President Sarkozy's agenda (from the Times) |
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| Written by Nicolas Jondet | |
| Monday, 21 May 2007 11:51 | |
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"Most French corporate lawyers welcome the arrival of Nicolas Sarkozy, the new French President – they agree that reform is essential to release France from its torpor. But they expect that the trade unions and the Communist Party, so powerful in the all-important transport unions, will try to fight the reforms into the ground" reports the Times.
‘Sarkozy eyes are open to the American way of doing things’. The Times, May 15, 2007. The Article points to two reforms that could generate new revenue streams for the legal profession and especially big, American and British law firms: "If the labour law changes do go through – especially those making it easier for employers to make people redundant – it is expected that there will be an explosion of employment law cases going to tribunals." "While France does not permit class actions, it is predicted that this may well change, opening the door to what is now common practice among the Anglo-Saxons."
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