March 13, 2019
RGP mentioned in Vedomosti newspaper’s overview of the Russian legal market “Lawyers – Import Substitution” timed to coincide with the publication of Chambers Europe 2019 rating
“‘Lawyers quit ILFs and create boutique firms,’ says Leonid Zubarev, Senior Partner at CMS Russia. One such firm is Rybalkin, Gortsunyan & Partners. Founders of the firm consider it a fully functional spin-off from Akin Gump, which they have left together with a dozen lawyers and certain clients."

Such a mass exodus of lawyers from an ILF with the aim of launching their own practice on the Russian market had never happened before. ‘Due to sanctions, Akin Gump was precluded from rendering services to one of my key clients with whom I had been working for over 13 years, so I decided that I may, and must, continue representing the client’s legal interests independently, together with my partner Suren Gortsunyan,’ says RGP partner Ilya Rybalkin. ‘We have parted amicably and maintain friendship and partnership relations. Our firm continues to work on a major project together with Akin Gump.’ Quitting Akin Gump and launching a new firm has allowed the team of lawyers to continue supporting the clients which Akin Gump would be prevented from servicing because of the imposed sanctions, as Sebastian Rice, partner in charge of Akin Gump’s London office, said via a spokeperson: ‘We maintain good relations and look forward to working with them closely in the future, where we are able to do so’.”

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