October 1, 2008 — LawFuel – Chadbourne & Parke LLP’s Russia Practice has recently been awarded the International Law Office (ILO) Client Choice Award for 2008. The Russia Practice has also been recognized by Acquisition Finance Magazine as Legal Advisor of the Year.
ILO, one of the largest online legal update services and online partner to the International Bar Association, recognized Chadbourne with its ILO Client Choice Award for Russia, based on over 1,500 assessments from corporate counsel worldwide. The award highlights firms that “stand apart for the excellent client care they provide and the quality of their service. The criteria for the awards focus on law firms’ ability to add real value to their clients’ business above and beyond the other players in the market,” according to ILO.
Specific criteria included: quality of legal advice; value for money; commercial awareness; effective communication; billing transparency; tailored fee structures; depth of team; response time; sharing of expertise; and use of technology.
Chadbourne also received the Legal Adviser of the Year (Russia) 2008 award from Acquisition Finance Magazine based on Acquisition Finance’s annual survey of its readership of business backers, funders, advisers, entrepreneurs and executives. Acquisition Finance is a UK-based magazine covering corporate finance, deals and trends in the UK, Europe and the United States. It provides transaction analysis and industry-related features.
“The Client Choice Awards are unique in that ILO only approaches in-house counsel for nominations. As a result, it is a completely independent evaluation,” said Laura M. Brank, Head of the Russia & CIS Practice. “We are very pleased to be honored by ILO and Acquisition Finance with these awards and are grateful to our clients for their continued confidence in us.”
Chadbourne first established a presence in Russia nearly 20 years ago. It now has offices in Moscow and St. Petersburg and has more than 80 lawyers who are fluent in Russian. The Russia Practice provides advice in the areas of corporate and commercial transactions, mergers and acquisitions, corporate finance transactions, capital markets (including private placements and public offerings by local and foreign issuers), banking (both regulatory and transactional, including project finance), litigation and bankruptcy and private funds, in sectors including natural resources, energy, oil and gas, mining, real estate, communications and technology, pulp and paper, and transportation. It has worked on some of the largest M&A transactions in the Russian Federation, advised on the first IPO of a Russian company on foreign markets and advises on complex project and acquisition financings involving multiple jurisdictions.