Sanctions Flurry Keeps National Security Lawyers on Edge
Law firms have been sending out a flurry of client alerts on the latest updates regarding sanctions and what they mean for corporations—helping their clients decide whether to pull their business out of Russia, and to understand the risks if they stay.
April 14, 2022 at 05:04 PM
6 minute read
RegulationThe original version of this story was published on Law.com
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The Disruption: Sanctions Flurry Keeps National Security Lawyers on Edge
The list of sanctions imposed on Russia seems to grow daily as Vladimir Putin's war against Ukraine rages on. Sanctions targeting individual oligarchs, and Russia's defense, transportation, trade and financial sectors have kept national security lawyers busy as they guide clients through the tumultuous landscape. The constantly shifting landscape has law firms sending out a flurry of client alerts on the latest updates and what they mean for corporations. And through it all, law firms are helping their clients decide whether to pull their business out of Russia, and to understand the risks if they stay.
The Conversation
The scope and breadth of sanctions imposed on one of the world's largest economies is unprecedented, which has fueled the need for lawyers to guide clients through the morass to avoid any compliance issues.
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