The impact of the credit crunch finally hit the Russian legal market last week, with local leaders of international law firms admitting that they have begun to feel the effects of the turbulence in the global financial markets. Capital markets practices are taking the biggest hit after the Russian Government was last week forced to inject $20bn (£11bn) to support the country's financial markets. aTrading on the country's stock market was halted for several days.
September 25, 2008 at 12:17 AM
1 minute read
The original version of this story was published on Legalweek
Capital markets practices hit by crunch, with trading put on hold as Russian Government is forced to intervene
The impact of the credit crunch finally hit the Russian legal market last week, with local leaders of international law firms admitting that they have begun to feel the effects of the turbulence in the global financial markets.
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