Lidings, a leading Russian law firm advising foreign business, continues to strengthen its market position by entering into the list of twenty best players of the top 50 law firms in Russia, according to a study prepared by web portal “Pravo.Ru” in collaboration with “Vedomosti” and “Ernst & Young”.
Based on the main research results Lidings came out seventeenth in the revenue ranking of top 50 law firms in Russia, a study that brought together key national and international market players.
Lidings also scored in the top in industry rankings, entering top five in the field of labor law and top ten in IP. In addition to that the firm was named among the best in the field of arbitration, corporate law, and mergers and acquisitions.
Lidings’ Managing Partner Sergey Aksenov, “Participation in the ranking enabled us to distinguish the firm’s market position in selected areas of specialization. This in our view was the most valuable outcome of the exercise, though it is good to see the firm’s revenue figures rank high on the list as well.”
The project ran by “Pravo.Ru” web portal for the second time becomes the most complete study of the Russian legal market. It is based on a detailed analysis of questionnaires submitted by over 250 companies which allows to define the best ones according to financial and statistical figures, as well as to name the leaders in 13 key areas of legal advice.
Final results of the study of the legal market in Russia published by “Vedomosti” on 19 December 2011 can be found here.