In recent years, Hammarström Puhakka Partners has been Finland’s fastest growing law firm. The company’s turnover was 6.9 million euros in 2009, and in 2013 it is estimated to reach ca. 14 million euros. In just 4 years, the firm has doubled in size and become one of the most significant corporate law firms in Finland. HPP’s growth strategy was formulated and implemented in 2010 and, due to the success of the initial phase, the associated development programme is progressing to a new phase. The cooperative project commenced with Markus Einiö, the managing director, that was launched with a strategic focus in 2010 is coming to an end as planned and the company will move on to a new management model on 18 November 2013.
The new management model will see the introduction of an executive committee chaired by Mikko Leppä. Kari Marttinen will continue as the Chairman of the Board of directors. Contrary to the normal Finnish legal sector practise, no new managing director or managing partner will be appointed.
“A company’s life cycle requires different management strategies and skills at different phases. Significant changes in HPP’s business have been implemented in recent years and their growth will now continue under a different model. The new model is ground-breaking in the Finnish legal industry. We strongly believe that the model will support the company’s future success and development in the best way possible”, says Markus Einiö, the first non-lawyer in Finland to have acted as managing director of a law firm.
“Recent years have treated the company very well. We are grateful to Markus for the successful cooperation over the past years. After some significant hires we have assembled an excellent team that will build the next steps for HPP’s future. We will continue to invest strongly in our complex dispute resolution and transactions practices where our goal is to have one of the most significant and best teams in the Finnish legal market. In the area of our selected niche practices – environment and infrastructure projects, competition law and public procurement, maritime and transport, technology, and insolvency – we intend to be the country’s leading law firm”, says Kari Marttinen, the Chairman of the Board of Directors.
Markus Einiö believes in HPP’s continued success: “I am convinced that HPP will be one of the legal sector’s biggest achievers in Finland.”