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When I visited Estonia for the first time in the autumn of 1991, I was amazed at how much rubbish and junk lay around the grim factory buildings. A couple of years later, many of those grim factories were bankrupt and Estonian industrial production and exports collapsed. Even years later, I wondered how Estonia would […]
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Globe Law and Business interviewed our firm’s founder and senior partner Aku Sorainen for their Special Report The People Who Run Law Firms: Lessons Learned from Law Firm Leaders. In the interview, Aku shares our firm’s story – how the firm was founded in all the Baltic states, the ups and downs, the lessons we […]
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On the occasion of Sorainen celebrating its 25th anniversary, Aku Sorainen, our firm’s founder, shares 25 tips for business leaders. Great enthusiasm needed! Great business starts with great enthusiasm and ends when the enthusiasm ends. Identify a core purpose At one stage the firm needs to identify its core purpose as it can’t be just […]
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First of all ensure liquidity; Cash is King! Get invoices out and ensure good revenue management including collection. Negotiate a credit line with the bank now when you still have working capital left. Banks like to lend to companies that manage their business professionally. Reduce or postpone costs Postpone paying taxes as currently allowed by […]
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Our founding partner Aku Sorainen talked with Avokaado to share his views about the way clients’ demands are changing in new economies, how lawyers use technology to deliver better client value and what it takes to bring together people from all 4 of our offices to implement new digital tools. Full article available here.