What Local Lawyers Think: A Retrospective on the EBRD's Legal Indicator Surveys

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Over the past seven years the EBRD has conducted an annual Legal Indicator Survey of lawyers practising in central and eastern Europe and the CIS. The survey is designed to measure and assess lawyers’ perceptions of the evolving commercial and financial legal systems in the region. This article describes the EBRD’s survey methodology and, through an analysis of seven years of data, provides an overview of the trends in legal development and implementation that the Survey has revealed.