Nearly five years after the Canterbury earthquakes, the more complex insurance cases are starting to hit Christchurch courts, the city’s lawyers say. But the earthquake rebuild is not the only driver of work, they tell Hannah Norton.
The Reserve Bank in its most recent Financial Stability Report warned that the “increasingly stretched Auckland market is at risk of a damaging correction, especially if economic conditions deteriorate. House prices now exceed nine times gross income in Auckland, placing it among the most expensive cities in the world”. But how is the situation impacting Auckland’s legal industry? Sasha Borissenko reports.
New Zealand’s highly competitive capital demands the best of law firms, and as Ben Abbott finds, excellence in Wellington means being something greater than just local.
Property and construction lawyers have enjoyed a year of strong workflows across the board, but the hotspots are undoubtedly Auckland and Christchurch.