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In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. This time around, we dug deeper into a discussion point that came up during our last event: During our annual General Counsel Summit held in Prague recently, we’ve learned that even with the inflation in CEE having hovered around 14-20% in recent years, legal fees have remained static or have even decreased in some jurisdictions. Given that, how has your firm managed to consistently deliver high-quality service under these constraints?

It has been almost a year since Ukraine introduced rules regarding the protection of employees in the case of a transfer of a business entity to its Labor Code in accordance with Law No. 3677-IX (Rules). The Rules entered into force on May 15, 2024, and aimed at approximating national legislation to the Transfers of Undertakings Directive 2001/23/EC of March 12, 2001. Even though local businesses continue testing this new legislation in practice, the area still remains terra incognita for many practitioners. Now that some time has passed, it is possible to summarize the major practical imperfections of the Rules.

Ukrainian taxpayers operating within multinational enterprise groups (MNEs) with consolidated annual revenues exceeding EUR 750 million may, for the first time in 2025, be required to independently file Country-by-Country (CbC) reports. This applies in particular to companies that are part of MNEs with a U.S.-based ultimate parent entity.

The intersection of law and emerging technologies has kept the TMT team at MGG Law Office exceptionally busy, with a sharp focus on AI, machine learning, and their commercial applications. Partner Dino Gliha says the practice has been driven by both the rapid pace of innovation and a fluid regulatory landscape that’s forcing businesses to proactively rethink compliance, governance, and strategic planning.

Redcliffe Partners’ competition practice is driven by increased enforcement and transactional activities, particularly in sectors like pharmaceuticals, retail, and agribusiness, according to Co-Head of Competition Yuriy Terentyev. Key factors include regulatory changes, strategic investments, and Ukraine's alignment with EU competition law, which have spurred demand for merger control assessments and compliance advice.

On 2 May 2025, the Law of Ukraine No. 4339-IX “On Amendments to the Labour Code of Ukraine on Improving the Legal Regulation of Certain Issues of Home and Remote Work” (the “Law”) came into force. The Law is aimed at regulating issues related to sending home-based and remote employees on business trips and creating favourable conditions for parents whose children are studying remotely.

Sayenko Kharenko has successfully represented PJSC MMKI and LLC Unisteel – both part of the Metinvest Group – in the review of anti-dumping measures concerning imports into Ukraine of certain rolled products with corrosion-resistant coating originating in the Russian Federation and the People’s Republic of China.

Ukraine Knowledge Partner

AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

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