There is a piece of good news. The period of stagnation is over.
The country has inherently entered economic stabilization with gradual revival of business activity and signs of very modest growth, but all the same growth. The number of deals has certainly increased.
The performance of legal counsels has improved in comparison with 2015.
Since the foreign direct investments that traditionally powered the legal market is still low, the competition for limited transactional work is getting a lot tougher. It forces law leaders to consider alternative offerings, improve operational efficiency and personal effectiveness, leveraging opportunities and searching for blue oceans to enjoy greater first-comer advantages. Accordingly, by exploring new markets and identifying niches where the competition is still weak, law firms are attempting to generate pioneering offers on the market. When uncertainty is a reality, knowledge is the greatest power.
Despite some returns from state service, Ukrainian lawyers continue to act as rule-makers rather than rule-takers. Some very important changes have got off the ground.
The fifteenth edition of Ukrainian Law Firms. A Handbook for Foreign Clients is traditionally released to examine effective law and legal practice, bringing strong industry and competitive insights for in-house counsels, cross-border legal practitioners, officials and business people.
Following the format used over the course of many years, Ukrainian Legal Market synthesizes recent facts and trends, compiling deals and prospects. Practice Areas and Industries Review is the viewpoint on law and practice by legal experts. While the Who is Who in Ukrainian Law section is a landscape of the market across practices and industries, an attempt at market segmentation, revelation of landmark matters, solutions and existing expertise on the ground, achievements of both teams and individuals.
We express our deep gratitude to all respondents, experts and information partners, whose efforts as contributors to this volume we sincerely acknowledge.
Please visit the Handbook on-line at our new upgraded web-site:
www.2017.ukrainianlawfirms.com
Happy reading!
