Obie Moore, Managing Partner for the Bucharest office of the international Salans law firm, says that partner can be made in Romania five years after graduation. “It is easier to make partner in a Romanian company. Companies here are younger and they control their own destiny, while in an international law firm the environment is much more competitive,” Obie Moore told Business Standard. According to Moore, partnership positions in an international law firm are disputed by lawyers with comparable abilities from several countries.
At the domestic level, the deficit of lawyers is estimated to be some 30 percent, which recently lead to high salary rises.
“Wages increase on our market as well, but this will be felt by clients in terms of legal service fees. It would be fair to say that salaries have doubled,” said Moore. A junior lawyer fresh out of university or with up to two years experience could demand a gross salary of €2,000, added Moore. The reference point for salaries in the field is Great Britain, he explained. Highest salaries are those of lawyers in the US, says Moore, but this can be explained by the fact that the title is received after seven years of study, compared to four in Europe.
International law firm Salans established its Bucharest office in 1997, and is ranked as a medium-sized local company. The company has 18 offices worldwide. Obie Moore and Anda Todor (Partner) manage the Romanian subsidiary. Obie Moore is also one of the seven Salans global board members. The corporate law market was valuated last year at some €100 million.
“It is easier to make partner in a Romanian company. Companies here are younger and they control their own destiny, while in an international law firm the environment is much more competitive. Obie Moore Managing Partner, Salans
