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Thursday, 09 February 2012
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Egorov equity partners trouser £5m profit shares

Equity partners at Moscow-based Egorov Puginsky Afanasiev & Partners pocketed profit shares of on average e5.64m (£5.12m) in the 2009 financial year.

Research for the upcoming The Lawyer Euro 100, a ranking of Continental Europe’s highest-grossing firms, reveals that Egorov posted gross fees of e90m over the calendar year, a 10 per cent fall from the ­previous year’s e100m.

The 153-lawyer firm has a partnership of 10, half of whom share the equity.

Recent instructions include acting for BP on its dispute with its Russian joint venture TNK-BP; advising on the Russian Federal Customs Service’s lawsuit against Bank of New York Mellon; acting for Telenor Group on its ­litigation with Alpha Group; and advising the Russian Federation on defending a claim from the Republic of Georgia over the war in South Ossetia. Other clients include Sberbank, TransNeft and UC Rusal.

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