The paper ”Business Saint-Petersburg” enquired for the impact of the economic crisis of the lawyers of Saint-Petersburg. Reputedly, the winners will be those who will reduce a price.

Maxsim Avrashkov, the managing partner of “Maxima Legal”:

It may be noted two main tendencies of market development of the legal services. Clients cut down spending and in the first instance, they cut down spendings on counselling services. In spite of the possible increase of demand in the legal services, companies are waiting for the “extreme case” or they try to decrease the suggested price to the uttermost. As potential clients are becoming more deliberate in their choice, a significant competitive position is coming forth for Russian firms – they can suggest a high service quality without essential margin for foreign brands.

The second tendency is characterized by the possible increase of reduction of legal blocks in the most attackable sectors of business – in a banking sector, in a financial sector and in a building sector. Changes can affect all companies – either medium-sized enterprises or big business. The difference can be noted only in branches: if important developers and building companies can stay afloat on the market, than a banking and financial sectors will undergo an essential change irrespective of sizes.

Pavel Goroshkov. How the economic crisis will impact on lawyers of Saint-Petersburg city //”Business Saint-Petersburg” - № 13 (4205) – 05.02.2015

Vladimir Kulinarov, the partner of Maxima Legal, told publication «Partnership Bulletin» about the process of elaboration of the Model Business Act “About public-private partnership” for states – the participants of NIS (Newly Independent States):

A Model Citizen // «Partnership Bulletin» - Vollume 20. Issue 1. – February 2015. - P. 30-31

Evgeniy Druzinin, the head of the real estate and building section of the company Maxima Legal, arranged the survey for the corporate publication “GMDNews” concerning making amendments into the Land Code and into the Town-Planning Code:

A year in the law// “GMDNews” - № 1 (15). – February, 2015. – P. 4

Vladimir Kilinkarov, a partner of russian law firm Maxima Legal, told British magazine about his work to develop a new model law on PPP’s for the Commonwealth of Independent States (CIS) region:

A Model Citizen // «Partnership Bulletin» - Vollume 20. Issue 1. – February 2015. - P. 30-31

On 26 January, 2015 Maxima Legal and Ruspro (the Centre of Foreign Trade Development)  met a delegation from Kuopio, Finland, which included members of Team Finland Kuopio - representatives from Finpro, the Ely Centre for North Karelia, the Ely Centre for Southeast Finland, the Ely Centre for North Savo, Kuopio Innovation Oy, Finnvera Oy, and Savonia University of Applied Sciences.

Key points in the discussion were opportunities for Finnish companies in the Russian market in construction, healthcare, ICT, and educational sectors of the economy. Ruspro provided the Finnish delegation with the results of a study conducted in November-December 2014, regarding precisely which niche markets are open to Finnish producers. In the frame of this study 26 Russian companies were interviewed.

Maxima Legal spoke about recent changes in legislation which could affect cooperation between Russian and Finnish companies, and presented the third edition of the book “Doing Business in Russia”. The book ”Doing Business in Russia” is available for download from our web-site .