Partner Eyal Rosovsky: “The Israeli Economy Demonstrates Impressive Resilience Despite the Challenges”
Partner Eyal Rosovsky participated last week in the Duns 100 forum for senior professionals in the commercial litigation field, where leading attorneys in the field gathered to discuss the central issues accompanying the industry during the current challenging period.
Eyal addressed the impact of the geopolitical and political situation on the local economy and on the commercial litigation field:
“The Israeli economy has been going through several consecutive years of unprecedented challenges – starting with the COVID pandemic, through the judicial reform that created uncertainty for investors, and up to the October 7th war. Despite all these difficult challenges, we are witnessing impressive resilience of the Israeli economy – the economy did not collapse as some experts predicted.”
Rozovsky emphasized that political instability is the main factor that could lead to a more significant economic crisis, and that the situation creates an environment of uncertainty that harms economic growth. Regarding the impact on legal fields, Eyal noted that the litigation field is considered relatively less vulnerable to economic shocks, since the demand for legal services tends to remain stable even during crisis periods.
For the full article (Hebrew), click here.
