On 16 February 2017, the Law Society lauched a new guide within its ‘Doing Legal Business’ series. Read more.
The series covers legal business aspects and regulations in key international markets. “Doing legal business in the Nordic-Baltic region ” is one of 21 guides published, with three more to be launched in 2017.The launch of the guide was accompanied by a seminar with speakers from the region to allow for a closer look into its legal sector.
The event was well attended by more than 50 delegates consisting of lawyers working in the Nordic-Baltic region, either in-house or working at Nordic and/or Baltic law firms, UK lawyers and law firms interested in exploring opportunities in the region as well as business representatives and representatives of the Department for International Trade.
After welcome remarks by Mickael Laurans, Head of International Policy and Engagement at the Law Society of England and Wales, Will Lawes, Prime Minister’s Business Ambassador and managing director at Lazard gave the keynote speech. He pointed out the excellent opportunities the Nordic-Baltic region offers, and how the Department for International Trade can assist businesses to export their goods and services, including legal services.
During the subsequent panel discussion, the five speakers presented their knowledge on doing legal business in their countries and region, as well as their expertise on specific sectors. Ilkka Liljeroos, Partner and Head of Corporate at DLA Piper Finland gave an overview over the capital markets and the merger market in the Nordic countries and in Finland.
Rita Allan, Senior Lawyer at Wikborg Rein introduced the energy and petroleum sector in Norway, and explained how the country has begun to diversify putting more focus on renewable energy, but also experiences a renewed interest in mediation and arbitration for cost and efficiency in the petroleum sector.
Ingrīda Kariņa-Bērziņa, Partner at Cobalt Legal , introduced the Baltic IP and legal market and how the region aims to increase its competitiveness through making better use of its innovation potential.
Karolina Ullman, Partner at Njord Law Firm presented the Baltics’ affinity for Fintech, either competing with the traditional banking and financing business or providing solutions to them; and Estonia’s e-residency programme that allows for faster and easier administration of location-independent business online.
Matthias Geiger, General Counsel Norway & Denmark, Siemens completed the seminar with his presentation on digitalisation and the many accompanying legal questions arising from innovations such as croudsource design or systems driven product development.
You can find all presentations attached for more information.
At the reception afterwards, delegates had the opportunity to network, build relations between the legal profession in the UK and the Nordic-Baltic region, and gain more first-hand experience in how to operate in the region.
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