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Magnusson Ends Minsk and Riga Offices Relationships

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Magnusson International has announced that it is "discontinuing cooperation with the current Riga and Minsk teams” effective as of August 16, 2014. The northern European firm maintains its offices in Sweden, Germany, Ukraine, Russia, Denmark, Lithuania, Estonia, Norway, and Poland.

In an exclusive conversation with CEE Legal Matters, Senior Partner Per Magnusson explained that the Riga and Minsk offices “did not live up to the standards that we set forth,” and although the firm had made attempts to improve upon the performance of the lawyers in those offices, the firm’s partners felt they had no choice but to end the relationship.  Asked about what would happen with the firm’s clients, Magnusson was sanguine. “Clients tend to go where they go,” he said. “This will play out naturally.” 

The firm’s primary goal, Magnusson explained, is to make sure that there is no disruption to the affairs of the firm's international and institutional clients. To that end, Magnusson stated, “in the short term we have people in place that can work under our supervision.” The firm is also already “very active” in finding long term solutions in Belarus and Latvia, and Magnusson reports being involved already in ongoing discussions with potential replacements. He hopes to have the process completed before the end of the year. Still, he cautions, “given this experience, we want to be very diligent about finding the right team.”

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