Providing legal and tax services at the highest level requires not only excellent knowledge of the law, but also detailed knowledge and understanding of our clients' respective industry sectors. The better you understand your clients' business, the better services you can provide them that best meet their expectations. It is necessary to understand how a given industry sector works, because this also determines how the client thinks and what his/her expectations are.
Thanks to our extensive team of 350 lawyers, tax advisors and patent attorneys, we have been able to create an exceptionally efficient system of law firm management not only by practice area, but also by industry group, for which we constantly monitor their specifics, developments and trends, personals, and transactions.
The application of the so-called "industry approach" and the specialisation of legal teams in particular industry groups maintains the dynamics of the relationship between us and our clients. For us, this approach is not just a time-tested strategy, but rather a philosophy that emphasizes a deeper understanding of the specific needs of clients, which can vary across various industry sectors. As it is often rightly said, clients are not primarily interested in the law, but in their business, and the law is only a means to achieve their business objectives. The provision of legal and other advisory services must therefore be appropriate to the economic and business circumstances and practices affecting a given industry sector.
Not only that, but in today's dynamic times, many industry sectors are evolving very quickly. And this rapid development is far from being limited only to technology, where constant forward movement is the essence of the same. As a lawyer, you need to constantly monitor trends and innovations in the relevant industry sector in order to keep up with this pace and be able to provide the necessary support to your client.
At HAVEL & PARTNERS, we have groups for all practice areas and industry sector-specific teams advising on more than 20 industry sectors – from automotive, banking, pharmaceuticals, gaming, IT to other specialised sectors such as energy, agriculture, the defence industry, and more.
These teams are made up of lawyers who have in-depth knowledge of and experience in the sector and are able to provide clients with comprehensive legal support in line with current legal and regulatory requirements, new developments in the sector, and the current economic situation. A number of our colleagues also have, in addition to their law degree, other professional qualifications in their given sectors.
We continuously monitor market developments, both in our country and worldwide. We think strategically. We analyse and evaluate data and think about how best to help our clients realise their business ambitions. At the same time, thanks to the industry approach, we do not speak “legalese” but the language of the industry that our clients understand.
We provide not only legal and tax advice to our clients. We go much further. We also help them identify business opportunities, connect them with new business partners, investors, or find and contact suitable targets or potential associates. And again, this cannot be done without detailed knowledge of the given industry sector.
The advantage of such specialisation is also the maximum efficiency and productivity of legal teams. This allows our colleagues to focus not only on specific practice areas, but also on particular industry sectors, and to gain deeper knowledge and skills in the same. This logically leads to better use of time and greater efficiency. At the same time, clients can be assured that they are receiving the highest level of service with a true understanding of their business. This creates trust and loyalty of our clients towards our law firm and strengthens long-term partnerships.
But it is a quid pro quo – building trust and loyalty and long-term relationships with clients takes time, care and reliability, as well as considerable effort and commitment from colleagues themselves and their willingness to continually work and learn.
It gives me immense pleasure to see that most of them are interested in the given industry sector out of their own passion and interest, and many of them take it as a privilege to be able to focus on the industry sector that they enjoy and are most interested in besides law.
Although it requires their active involvement and effort, the results in the form of satisfied and loyal clients are worth it for all of us and it is a great reward and motivation for us to see where we can move forward with many of our clients in the spirit of our motto “Connected through success”.
