Site icon The Duffey Law Firm

More law firms exit Russia as Dentons and Bakers keep offices open

White & Case donates $1 million to Ukraine support

Moscow, Russia

More worldwide law firms are piling out of Russia following the nation’s invasion of Ukraine. White & Case, Hogan Lovells and DLA Piper are among the newest to announce the closure of their Moscow offices, with the previous additionally pledging $1 million (£766k) in donations to Ukraine’s support.

White & Case mentioned in a press release it’s “horrified” by the occasions in Ukraine and that it’s within the technique of winding down its Russia operations after having a presence within the capital for over 30 years.

“Our review of Russian and Belarusian client activity is ongoing, and goes beyond our requirements to comply with sanctions,” the agency continued within the assertion. “We are ceasing all representations of Russian and Belarusian state and state-owned entities in accordance with our professional responsibilities, and not accepting any new mandates from Russian and Belarusian state and state-owned entities.”

The agency has made a donation of $1 million to the Ukrainian Crimson Cross Society and is matching donations made by legal professionals and workers to qualifying aid organisations. The agency mentioned its legal professionals are additionally offering professional bono companies to help Ukrainian refugees, which embody a authorized support hotline, employment recommendation, visa utility help and authorized steerage to non-profit organisations.

Hogan Lovells, in the meantime, will likely be “progressing with an orderly wind down of our operations in Moscow”.

The agency mentioned it’s persevering with to help a lot of charitable organisations and that its legal professionals are offering humanitarian support to refugees via donations, housing, professional bono authorized recommendation and translation companies.

DLA Piper is leaving Moscow as properly as St Petersburg, saying that “a presence in Russia is not aligned with our values and therefore no longer viable”.

Elsewhere, Debevoise & Plimpton and Dechert have confirmed the closure of their Moscow offices. Each US law firms have operated out of the Russia capital for over twenty years.

Nevertheless, Dentons, the world’s largest law agency, which is known to have the biggest presence of every other world law agency in each Russia and Ukraine, intends to keep its offices in Russia open.

“At present, our offices in Russia remain open, where we are focused on our people, who bear no responsibility for the actions taken by their government, and our clients, who need advice regarding their business affairs in Russia, including how to wind down those operations,” a agency spokesperson mentioned. “We continue to comply with our legal and professional obligations, including with regards to international sanctions.”

“Further, we are committed not to undertake any new work for Russian state-owned entities, government officials, or others closely connected with the Russian government.”

The spokesperson mentioned the agency is dedicated to supporting Ukraine and its folks via charitable, professional bono, and different efforts.

Fellow worldwide agency Baker McKenzie can also be sustaining its presence within the nation however is maintaining it “under constant review”.

“Irrespective of sanctions, we will not act for any individuals or entities that are controlled by, or directly linked to, the Russian state and/or current regime, whether that work is in Russia or elsewhere in the world,” the agency mentioned in a press release, including: “We will not accept any new mandates that fall into this broad category, and subject to our legal and professional obligations, we will wind down any such existing work.”

Quite a few main law firms have shuttered in Moscow in latest weeks, together with all 5 magic circle firms. Take a look at the assorted firms’ responses right here.



Source link

Exit mobile version