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Squire Patton Boggs has become the latest major law firm to pull out of Ukraine, having closed its office in Kiev as part of a restructuring in the region.

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Law Firms Mentioned

<a href="http://www.almcms.com/contrib

  • Carroll Burdick McDonough
  • Dentons
  • Norton Rose Fulbright
  • Squire Patton Boggs
  • Squire Sanders

/uploads/sites/378/2017/10/Kiev-Ukraine-Wikipedia-Article-201710122024.jpg"><img class="alignleft size-full wp-image-68337" src="http://www.almcms.com/contrib

  • Carroll Burdick McDonough
  • Dentons
  • Norton Rose Fulbright
  • Squire Patton Boggs
  • Squire Sanders

/uploads/sites/378/2017/10/Kiev-Ukraine-Wikipedia-Article-201710122024.jpg" alt="" width="620" height="372" /></a> Squire Patton Boggs has become the latest major law firm to pull out of Ukraine, having closed its office in Kiev as part of a restructuring in the region. A��firm spokesman��confirmed the closure, saying it was due to ���continued challenging market conditions���. The spokesman added that the firm will continue to service Ukraine work through its��<a href="http://www.salkom.ua/about/salkom_deg/" target="_blank" rel="nofollow">formal association</a>��with eight-partner local practice��<a href="http://www.salkom.ua/" target="_blank" rel="nofollow">Salkom</a>, which has��<a href="http://www.americanlawyer.com/id=1202624716061" target="_blank">been in place since 2013</a>. A spokesman did not immediately respond to a request for information on staff layoffs or relocations as a result of the closure. Peter Teluk���s LinkedIn profile��<a href="https://www.linkedin.com/in/peter-teluk-a7b9bb20/" target="_blank" rel="nofollow">still lists him as a partner at the firm</a>, but his page on the firm���s website��<a href="http://www.squirepattonboggs.com/en/professionals/t/teluk-peter-z" target="_blank" rel="nofollow">has been removed</a>. He did not immediately respond to a request for comment. Squire Patton Boggs is the fourth big law firm to withdraw from Ukraine in the past four years, with the country���s economy ��� and legal market ��� <a href="http://www.americanlawyer.com/id=1202644844066" target="_blank">heavily impacted by civil unrest</a>��and the annexation by Russia of Crimea. ���Transactional work is completely dead. Law firms are barely surviving. There are no new clients,��� one Ukraine-based lawyer��<a href="http://www.international.law.com/id=1202659726859" target="_blank" rel="nofollow">told <em>The American Lawyer</em> in 2014</a>. (The resulting international sanctions against Russia have also��<a href="http://www.americanlawyer.com/id=1202793477594/The-Global-Law-Firms-Survival-Guide-to-Russia" target="_blank">significantly affected law firms operating in that country</a>.) Legacy Chadbourne &amp; Parke (now Norton Rose Fulbright,��<a href="http://www.americanlawyer.com/id=1202791973009/Chadbourne-Is-No-More-as-Deal-With-Norton-Rose-Fulbright-Goes-Live" target="_blank">following a combination earlier this year</a>) and Germany���s��<a href="https://www.beiten-burkhardt.com/en/" target="_blank" rel="nofollow">Beiten Burkhardt</a>, both��closed their offices in 2013, with their lawyers being picked up by��<a href="https://www.dentons.com/en/whats-different-about-dentons/connecting-you-to-talented-lawyers-around-the-globe/news/2014/september/kseniya-ostrovska-joins-kyiv-office-as-bf-associate" target="_blank" rel="nofollow">Dentons</a>��and French firm��<a href="http://www.gide.com/en" target="_blank" rel="nofollow">Gide Loyrette Nouel</a>, among others. Fellow German firm��<a href="https://www.noerr.com/" target="_blank" rel="nofollow">Noerr</a>��also closed its Kiev base that year, with its lawyers��<a href="https://www.nobles-law.com/single-post/2013/09/25/Noerr-office-in-Kyiv-became-independent-law-firm-in-Ukraine-known-as-Nobles" target="_blank" rel="nofollow">forming a new independent boutique, Nobles</a>. This was then mirrored in 2015 by��<a href="https://www.cliffordchance.com/people_and_places/places/europe/ukraine.html" target="_blank" rel="nofollow">Clifford Chance</a>��(CC), whose Kiev��lawyers established��<a href="https://redcliffe-partners.com/en/publication/the-clifford-chance-office-in-kyiv-has-been-re-established-as-an/" target="_blank" rel="nofollow">Redcliffe Partners</a>��when the magic circle firm decided to exit the market. Both Noerr and CC maintain referral ties with their former lawyers in Ukraine. The latest closure leaves��<a href="http://www.bakermckenzie.com/en/locations/emea/ukraine/" target="_blank" rel="nofollow">Baker McKenzie</a>,��<a href="https://cms.law/en/UKR/Office/Kyiv-Instytutska-Street" target="_blank" rel="nofollow">CMS</a>,��<a href="https://www.dlapiper.com/en/us/locations/kyiv/" target="_blank" rel="nofollow">DLA Piper</a>��and��<a href="https://www.dentons.com/en/global-presence/russia-and-cis/ukraine/kyiv" target="_blank" rel="nofollow">Dentons</a>��as the only��<a href="http://www.americanlawyer.com/id=1202798544462/The-2017-Global-100" target="_blank">Global 100</a>��firms with offices in Ukraine. Big Four accounting firms��<a href="https://www2.deloitte.com/ua/en/services/legal.html" target="_blank" rel="nofollow">Deloitte</a>,��<a href="http://www.ey.com/ru/en/services/tax/law/ey-law-cis---ukraine" target="_blank" rel="nofollow">EY</a>,��<a href="https://home.kpmg.com/ua/en/home/services/tax/global-legal-services.html" target="_blank" rel="nofollow">KPMG</a>��and��<a href="https://www.pwc.com/ua/en/services/legal.html" target="_blank" rel="nofollow">PwC</a>��also each have��<a href="http://www.americanlawyer.com/id=1202798990924/How-Law-Firms-Can-Counter-the-Growing-Big-Four-Threat" target="_blank">legal services operations</a>��in the country. The market is otherwise dominated by independent local practices including��<a href="https://aequo.ua/" target="_blank" rel="nofollow">Aequo,</a>��<a href="https://arzinger.ua/" target="_blank" rel="nofollow">Arzinger</a>,��<a href="http://www.asterslaw.com/" target="_blank" rel="nofollow">Asters</a>,��<a href="http://attorneys.ua/en/" target="_blank" rel="nofollow">Ilyashev &amp; Partners</a>��and��<a href="http://www.sk.ua/" target="_blank" rel="nofollow">Sayenko Kharenko</a>.��Russia���s��<a href="http://epam.ru/eng/" target="_blank" rel="nofollow">Egorov Puginsky Afanasiev &amp; Partners</a>��also has a strong presence in Ukraine. Legacy Squire Sanders, which��<a href="http://www.americanlawyer.com/top-stories/id=1202656684269/Squire-Sanders-Partners-Approve-Patton-Boggs-Merger%3Fmcode=1202615731542&amp;curindex=97" target="_blank">combined with Washington DC-based Patton Boggs in 2014</a>, first launched in Kiev in 1995, but��<a href="http://www.legalweek.com/legal-week/news/1148729/squire-sanders-spins-kiev-base" target="_blank" rel="nofollow">spun off the practice in 2003</a>��to local outfit The Silecky Firm in a deal that saw the pair form an exclusive alliance. Squire then��<a href="http://www.legalweek.com/sites/legalweek/2008/05/21/squire-sanders-enters-ukraine-with-kiev-launch/" target="_blank" rel="nofollow">re-opened in Ukraine in 2008</a>, hiring an eight-lawyer team from Silecky. (The founder of that firm,��<a href="https://www.dentons.com/en/markian-silecky" target="_blank" rel="nofollow">Markian Silecky</a>, is now a partner at Dentons.) Aside from closing its Ukraine office, Squire has continued to expand since its formative merger in 2014. The firm��<a href="http://www.americanlawyer.com/id=1202750322923/Squire-Patton-Boggs-Inks-Merger-With-Californias-Carroll-Burdick" target="_blank">acquired 55-lawyer San Francisco-based Carroll Burdick &amp; McDonough</a>��in 2015,��while its��<a href="http://www.americanlawyer.com/id=1202782387319/Still-in-Growth-Mode-Squire-Patton-Boggs-Boosts-Partner-Profits" target="_blank">revenue increased 6% in the last financial year</a>��to $983m. Global managing partner Steve Mahon told <em>The American Lawyer</em> at the time that the firm���s financial performance had exceeded its budget by almost 10%. <

  • Carroll Burdick McDonough
  • Dentons
  • Norton Rose Fulbright
  • Squire Patton Boggs
  • Squire Sanders

> Knitter: Too few entities/relations are generated compared to number of concepts (only 98% (76/77) concepts are converted).
 

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