Russia's new tsars
Despite their size and wealth, Russia's corporates are proving tough customers for law firms, both local and international, operating in Moscow. A recent survey of general counsel in Russia has revealed they are often dissatisfied with the service law firms offer and many are planning to keep more work in-house. Ed Thornton reports
During the past year, in-house counsel at Russia’s major companies have been flexing their muscles, according to a survey by Moscow-based private investment company Interros. An astonishing 50% of the general counsel interviewed for the ‘Improving the in-house counsel/outside counsel relationship’ survey say they terminated their company’s relationship with outside counsel between April last year and April this year, revealing often turbulent relations between client and adviser in Russia.
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