Leading Russian firms merge to create market leader

July 21, 2011 Two leading Russian firms have announced a merger, in a move that will create the largest law firm in the region, with over 300 lawyers. Moscow-based Egorov Puginsky Afanasiev & Partners will take the Kyiv-based Magisters under its banner to offer clients access to Russia, Eastern Europe and elsewhere.

“This merger is unprecedented for our market,” said Dimitry Afanasiev, chairman of Egorov Puginsky Afanasiev and Partners.

“We are a step ahead of any national or international law firm in size, market penetration and regional coverage in Russia and the CIS [Commonwealth of Independent States]. Growth through consolidation is necessary to sustain the positive momentum in our development as the leading firm in Russia. Together we can do more,” he added.

Read more at www.kyivpost.com.

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