According to the 2023 rankings of four major international legal directories (Legal 500, Chambers, IFLR and ITR), Sorainen stands out as the strongest law firm on a pan-Baltic level. Furthermore, Sorainen is the only one from key market players to have improved its position in 2023 and now has the most Tier 1 rankings across the region, further solidifying Sorainen as a top-tier law firm and the clear market leader.
This summer, Sorainen became the most recommended law firm on a pan-Baltic level, being ranked by four international directories as the top-tier team in a total of 64 practice areas across the Baltic region compared to 48 and 47 top-tier rankings held by second and third players.
‘’In the legal landscape where client satisfaction is paramount, we have focused on implementing a client-focused approach that ensures high satisfaction. According to the recent research conducted by Chambers & Partners, clients have expressed unparalleled happiness with our client-centric strategies. Our dedication to understanding and addressing client needs has also contributed to growing the standards for legal services in the Baltic market overall. We thank our clients and cooperation partners for their trust in Team Sorainen. Our success is the outcome of hard work by our team whose primary goal has always been, and continues to be, the success of our Clients,’’ comments managing partner Laimonas Skibarka.
According to the peer and client feedback-based rankings, Sorainen is the first-choice law firm for both corporate clients, as well as high net worth individuals. Furthermore, in May 2023, Sorainen was named the Baltic-wide Law Firm of the Year by Chambers and Partners.
Throughout the research, Sorainen stands out as the most client-focused Baltic-wide law firm in the market. The research conducted for the rankings shows that our team is frequently praised for in-depth knowledge of our clients’ business and market-leading legal expertise. A pleased client notes: “Sorainen has a comprehensive team of experts in the field with in-depth, sector-specific knowledge and extensive experience. The firm is fully focused on achieving the client’s goals.” Another adds: “Sorainen has a strong understanding of the business of clients and their needs.”
Biggest projects in the Baltics
Known for our integrated approach across offices, Sorainen stands out as the go-to team for major cases spanning across the region. A client notes: “Sorainen is big on pan-Baltic assignments.” We continue to have a key role in all the major transactions and projects taking place in the region. Examples include:
- Advising Bolt on raising USD 709 million in the biggest funding round in both Bolt’s and the Baltic’s history.
- Advising YIT on entering the largest ever residential to-let development project in the Baltics.
- Advising Bitė Group on splitting up its telecommunications and media businesses in the Baltics.
- Advising Invalda INVL on the acquisition of Mandatum Life’s Baltic insurance business.
More than traditional business law
Our commitment to creating a positive impact goes beyond traditional legal services. Our dedication to environmental, social, and governance (ESG) matters has set us apart as a trailblazer in responsible and sustainable legal practices. The Legal500 has recognised Sorainen as the only pan-Baltic ESG-focused law firm, solidifying its reputation as the strongest and most ethically conscious legal powerhouse in the Baltics.
According to Legal500, our clients benefit from the firm’s cross-disciplinary approach to green work. ‘’The firmwide ESG team is dedicated to facilitating the green transition for clients and has become a go-to in the region for renewables projects. The team is comprised of multidisciplinary lawyers across Latvia, Estonia and Lithuania who collaborate closely on ESG matters.’’
Furthermore, our dominance is not confined to corporate matters alone; it extends to private client services as well. Our private client team has secured its position as the leading team in the Baltics, as recognized by Chambers and Partners. This recognition further solidifies our standing as the strongest and most versatile law firm in the Baltics, capable of delivering excellence across a diverse range of legal fields.
Across the region, high net worth individuals praise our wide know-how base, skill for solving complex matters and focus on providing the best client service. “You are getting the best on the market, and you can approach them with complex issues that overlap with multiple different areas; very few teams can do that,” notes a pleased client.
Law firm rankings and recommendations by international directories that publish law firm rankings – like The Legal 500, IFLR1000, ITR and Chambers – highlight the teams providing the most cutting-edge and innovative advice to corporate counsel.
The research is based on feedback from clients worldwide, submissions from law firms and interviews with leading private practice lawyers, and a team of researchers.