Margaret Taylor
Clifford Chance launches in Kiev" />Clifford Chance has become the latest firm to move in on the booming Ukrainian economy with an office launch imminent in the country's capital Kiev.
The office, which is due to open in the summer, will be run by Nick Fletcher, currently managing partner of the firm's Warsaw office. He will be joined by Warsaw counsel Tomasz Stasiak as well as four Ukrainian real estate associates who are currently based in Warsaw. The intention is to complement the team with around 20 local lawyers on opening.
Central and Eastern Europe managing partner Michael Cuthbert said: "Our new office in Kiev will enable us to handle the increasingly large volumes of work in the region, strengthen existing regional client relationships, and extend our ability to serve global clients as they expand into growth markets."
Initially the office will focus on servicing international clients, but the intention is to grow the capability to provide a full-service for local clients.
As the launch is still a number of months off Fletcher will continue in his role as Warsaw managing partner in the meantime but, as he will relocate to Kiev, a replacement may be found in due course. There is no immediate plan to replace the other lawyers relocating from the 10-partner Warsaw base.
The office will be Clifford Chance's sixth in the Eastern European region. Having first opened in Moscow in 1991, the firm now has a presence in Warsaw, Prague, Budapest and Bucharest.
Kiev's importance as a legal service centre is growing and earlier in the week (6 March) www.thelawyer.com reported that CMS Derks Star Busmann has opened a Dutch desk in Kiev to work with its CMS partner firms there.
Readers' comments (1)
Nataliya Marchuk-Moliboh | 11-Mar-2008 1:02 pm
Amazing news for Ukrainian lawyers
For a big number of Ukrainian lawyers this news should be considered as an amazing one, indeed! A lot of them have been waiting for it for so long.
Unlike in the UK, or, even in Russia, which is closer to Ukraine geographically, in Ukraine, a lawyer does not possess a lot of alternatives, when he/she is seeking for the job place, especially if one means the alternatives of such high standing. It is mainly, because the number of big players on the legal services market is still more than limited, not saying that Clifford Chance would actually be the first legal power house of Magic Circle and/or similar top communities. Therefore, the entrance of such legal colossus would, without any doubts, cause the true buoyancy on the Ukrainian market, which is, of course, a positive event.
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