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Kommersant Newspaper: Lidings Ranked High in the Rating of the Largest Russian Law Firms in Terms of Revenue and Key Practice Areas

Lidings law firm takes a leading position in the ranking of the largest legal advisors in Russia based on the analytical research held annually by the “Kommersant” newspaper together with Legal Practice. Results of the research are published in a special supplement to “Kommersant” as of March 29, 2016.

Traditionally, only 50 largest law firms providing legal services in the Russian Federation make the rating which is based on the research of the firms’ key practice areas and revenue received for its services during the researched period. Also the researched firms are studied from the perspective of their marketing stand, e.g. the degree of their exposure. Data is collected from the respondent’s corporate websites, media sources and rankings in international and local professional ratings.

Having a high record of successfully conducting precedent-setting cases in 2015 and projects commercially important for our clients operating in financial, industrial and energy spheres, Lidings was ranked among the top legal advisors in Russia in terms of revenue and its outstanding expertise in Banking and Finance and Real Estate and Construction practice areas.

“Currently we advise almost 500 companies from more than 45 different countries.  Notably over 90% of these clients are foreign companies. More than 50% of our earnings are generated in foreign currency thanks to payments remitted from abroad, resulting in an interesting financial situation: given the current exchange-rate differential, we’ve been able to substantially build up our ruble-denominated financial assets, which in turn has significantly affected the rating’s results and investment opportunities in 2016”, - Lidings’ Managing Partner Mr. Sergey Aksenov comments.

Lidings, as well as its lawyers getting an individual recognition, is annually recommended by all key international legal directories. The firm’s reputation for excellence is evidenced by high ranking positions in Chambers Global, Chambers Europe, The Legal 500 EMEA, IFLR1000 and Who is Who Legal.

The full version of the Russian legal market research is available at the Kommersant newspaper website.

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