In a recent Legal 500 Podcast our managing partner Laimonas Skibarka talked to Barnaby Merrill about the response to COVID-19 by the legal market in the Baltics and Belarus. Comments Laimonas: “The information we were receiving from publishers about international law firms cutting salaries and staff was worrying. However, our region was quite confident and […]
The COVID-19 pandemic has given us all a chance to observe an experiment in leadership on an unprecedented scale. From governments to businesses – in these months it has repeatedly been proven that teams that include people of different genders and backgrounds manage crisis more effectively. Leda Iržikevičienė, Chief Operating Officer (COO) of Sorainen, says […]
The fast-spreading coronavirus is raising many questions and concerns. Our international COVID-19 Task Force: Karin Madisson, Eva Berlaus, Mantas Petkevičius, Alexey Anischenko is at your disposal, should you need advice in any legal issues you are facing. Below are some tips to help make decisions in a quickly changing situation: Hold meetings of corporate bodies without […]
Outlined below is a checklist of the measures we are taking to keep our people safe while maintaining to support our clients. With the situation unfolding we encourage our clients and others to also implement these protective measures. Invoke remote work possibilities for all staff members, even without Covid-19 cases in the firm; Encourage employees […]
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 […]
We advised Eesti Tsiviilallianss (an Estonian NGO) about amendments to the draft law ‘’Communicable Diseases Prevention and Control Act’’. High public interest The draft law created a lot of fuss in the whole country, even bringing numerous protesters in front of the Parliament for days. The protesters were afraid that some of the proposed amendments would give too […]