The Law Society and the Federal Chamber of Advocates of the Russian Federation (RFCA) signed a Memorandum of Understanding in Moscow on 20 November 2013. This signalled a continuing friendship and intention to further collaborate and build relations between the two professions.
The MoU signing took place at the RFCA’s head quarters during the Law Society president’s visit to Moscow to open English Law Week; a three day event show casing legal expertise when using English law. The conference was welcomed by the RFCA first vice president, Dr Yury Pilipenko who made a keynote speech at the event.
President Fluck said “The UK is a major exporter of legal services and English law is the law of choice for business in many different jurisdictions. The Law Society has been establishing and strengthening direct links with the relevant Russian authorities over the last few years, to ensure the best possible environment for foreign lawyers.
“There are business opportunities on home ground too. Last year, at its peak, it is believed an astonishing 60 per cent of the work of the Commercial Court in London involved Russian and other eastern European parties, even though these disputes and the parties involved often had no connection with England.
In 2012, more than three per cent of arbitration cases in London came from Russia.
“English Law Week proved to be a fantastic chance for us to showcase the skills and expertise of our members in a key international legal market, and to help them build even more links with key stakeholders in the region.”
The main themes of English Law Week focused on:
• Mergers and acquisitions
• Banking and finance
• Dispute resolution and regulatory issues
About a dozen English law firms have established or have an associated office in Moscow or St Petersburg, with others working on a ‘fly-in, fly-out’ basis.
If you are interested to find out more about the Law Society’s work in Russia email email@example.com