Moscow skyline. Avov/Wikimedia Law Firms With Russian Presence Face Both Financial Costs and Reputational Risk
Financial transactions in and out of Russia will become difficult for any firm. "I'm not sure how I would get paid for doing work in Russia or for Russian clients," said University of Pennsylvania Carey Law School professor Bill Burke-White.
March 01, 2022 at 05:00 AM
6 minute read
Legal Services
U.S. law firms have significantly reined in their ambitions in Russia over the last decade, but the fallout from the current Russian invasion of Ukraine is likely to test the resolve of those remaining players like nothing before.
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