'A Very Tight Line': Should Law Firms Continue Doing Business in Russia?
Law firms facing the practical, legal and moral implications of operating in Russia are often taking a middle course, said Tom Firestone of Stroock & Stroock & Lavan.
March 04, 2022 at 06:41 PM
1 minute read
As Russia's invasion of Ukraine continues, law firms are faced with the practical, legal and moral implications of doing business in Russia. In this week's episode Law.com business of law reporter Bruce Love spoke with sanctions expert Tom Firestone of Stroock & Stroock & Lavan. Firestone has a particular insight into the region as a former Department of Justice resident legal advisor at the U.S. Embassy in Moscow. He also had a brush with Russian intelligence agents from the Federal Security Service, or FSB, and was expelled from the country after returning to private practice.
Firestone said law firms operating in Russia are walking "a very tight line" and many are opting for a middle course. The former DOJ attorney said companies are balancing the need to comply with sanctions and protect their reputation in the eyes of the Western public—all while trying not to provoke the Russian government.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All![German Court Orders X to Release Data Amid Election Interference Concerns German Court Orders X to Release Data Amid Election Interference Concerns](https://images.law.com/cdn-cgi/image/format=auto,fit=contain/https://images.law.com/contrib/content/uploads/sites/392/2023/10/AdobeStock_627004176_Editorial_Use_Only-767x633.jpg)
German Court Orders X to Release Data Amid Election Interference Concerns
![Russia’s Legal Sector Is Changing As Sanctions Take Their Toll Russia’s Legal Sector Is Changing As Sanctions Take Their Toll](https://images.law.com/cdn-cgi/image/format=auto,fit=contain/https://images.law.com/contrib/content/uploads/sites/378/2023/04/Moscow-Russia-767x633.jpg)
![HSF Accounts Show US Operating Losses Last Year But Revenue Increased Slightly HSF Accounts Show US Operating Losses Last Year But Revenue Increased Slightly](https://images.law.com/cdn-cgi/image/format=auto,fit=contain/https://images.law.com/contrib/content/uploads/sites/378/2021/10/Herbert-Smith-Freehills-03-767x633.jpg)
HSF Accounts Show US Operating Losses Last Year But Revenue Increased Slightly
2 minute read![Upstart Insurer That's Wowing Industry Hires AIG Legal Exec to Help Guide Global Expansion Upstart Insurer That's Wowing Industry Hires AIG Legal Exec to Help Guide Global Expansion](https://images.law.com/cdn-cgi/image/format=auto,fit=contain/https://images.law.com/corpcounsel/contrib/content/uploads/sites/414/2024/06/Insurance-Policy-767x633.jpg)
Upstart Insurer That's Wowing Industry Hires AIG Legal Exec to Help Guide Global Expansion
2 minute readLaw Firms Mentioned
Trending Stories
- 1With DEI Top of Mind, Black Judges Discuss Growing Up During Segregation, Efforts to Diversify the Profession
- 2Big Law's Middle East Bet: Will It Pay Off?
- 3'Translate Across Disciplines': Paul Hastings’ New Tech Transactions Leader
- 4Milbank’s Revenue and Profits Surge Following Demand Increases Across the Board
- 5Fourth Quarter Growth in Demand and Worked Rates Coincided with Countercyclical Dip, New Report Indicates
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250