The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Russians have been warned by the British Russian Law Association to take steps to lose their "Wild West" image in order to reassure overseas business interests that have been discouraged from inward investment.
Christopher Davis, head of due diligence at City firm Davis & Co, told 140 delegates at a conference on Inward Direct Investment at the Moscow State University that the key problems discouraging investors were an ever-changing legal system, high levels of crime, an embryonic free-market economy and a "business environment regarded by many foreigners as like the Wild West".
Russian businesses were encouraged to take a "proactive stance" in combating these perceptions by anticipating areas of weakness "even before negotiations commence" with foreign investors.
Fellow Davis & Co lawyer John Murphy, who chaired the conference, said that despite "serious investor concerns" about Russia, the situation is improving.
The chairman of the association, David Winter, the consultant on East-West matters for Baker & McKenzie, said a further seminar, The Rights of The Child under Russian Law was in the pipeline.