LEGAL SERVICES MARKET IN UKRAINE
<ul><li>Composition of the market  </li></ul>Ukrainian legal firms Foreign legal firms More than 1000 Slightly exceeds 10 ...
2. Composition of the market –  cont’d <ul><li>Regional centers for the market: </li></ul><ul><li>Dnipropetrovs’k </li></u...
3. Most popular practice areas <ul><li>Corporate Law </li></ul><ul><li>Intellectual Property </li></ul><ul><li>Commercial ...
4. Rendering of legal services in Ukraine: grounds <ul><li>Legal Services in Ukraine are provided solely on the basis of a...
5. Rendering of legal services in Ukraine: legal fees <ul><li>There is a number of types of legal fees which are payable t...
<ul><ul><li>6. How can a foreigner start business for provision of legal  services in Ukraine </li></ul></ul><ul><li>For t...
<ul><ul><li>How can a foreigner start business for provision of legal  services in Ukraine –  cont’d </li></ul></ul><ul><l...
<ul><ul><li>8. How can a foreigner start business for provision of legal  services in Ukraine –  cont’d </li></ul></ul><ul...
<ul><li>9. Associations of lawyers and legal organizations in Ukraine </li></ul><ul><li>Lawyers’ Union of Ukraine </li></u...
<ul><li>10. Magister & Partners: practice, main clients and cases </li></ul><ul><li>Trade and Commercial Law Practice (tot...
<ul><li>11. Magister & Partners: practice, main clients and cases –  cont’d </li></ul><ul><li>Corporate and Tax Law Practi...
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LEGAL SERVICES MARKET IN UKRAINE

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LEGAL SERVICES MARKET IN UKRAINE

  1. 1. LEGAL SERVICES MARKET IN UKRAINE
  2. 2. <ul><li>Composition of the market </li></ul>Ukrainian legal firms Foreign legal firms More than 1000 Slightly exceeds 10 The vast majority of the leading law firms which render legal services in Ukraine have their head offices registered in the capital of Ukraine – Kyiv.
  3. 3. 2. Composition of the market – cont’d <ul><li>Regional centers for the market: </li></ul><ul><li>Dnipropetrovs’k </li></ul><ul><li>Kharkiv </li></ul><ul><li>Odesa </li></ul><ul><li>Zaporizhzhya </li></ul>Breakdown of regional legal firms by income received in 2003
  4. 4. 3. Most popular practice areas <ul><li>Corporate Law </li></ul><ul><li>Intellectual Property </li></ul><ul><li>Commercial Law </li></ul><ul><li>Finance Law </li></ul><ul><li>Criminal Law </li></ul><ul><li>Litigation & Arbitration </li></ul><ul><li>Real Estate </li></ul><ul><li>Foreign Economic Activity </li></ul><ul><li>Taxation </li></ul><ul><li>Merges & Acquisitions </li></ul><ul><li>Banking Law </li></ul>And those are the practice areas in which foreign legal firms traditionally render their services
  5. 5. 4. Rendering of legal services in Ukraine: grounds <ul><li>Legal Services in Ukraine are provided solely on the basis of an agreement in the written form </li></ul><ul><li>Agreements on provision of legal services may be concluded for: </li></ul><ul><ul><li>provision of general legal service ; </li></ul></ul><ul><ul><li>provision of legal services relating to certain businesses or certain fields of activity (for instance, investment, acquisitions, corporate matters etc.); </li></ul></ul><ul><ul><li>provision of legal services relating to particular projects . </li></ul></ul>
  6. 6. 5. Rendering of legal services in Ukraine: legal fees <ul><li>There is a number of types of legal fees which are payable to legal firms under agreements on provision of legal services, such as: </li></ul><ul><ul><li>piece-work fee; </li></ul></ul><ul><ul><li>interest fee; </li></ul></ul><ul><ul><li>hourly fee; </li></ul></ul><ul><ul><li>fixed fee; </li></ul></ul><ul><ul><li>combined fee; </li></ul></ul><ul><ul><li>prepayment. </li></ul></ul>Legal Fees applied by legal firms in Ukraine with percentage of firms
  7. 7. <ul><ul><li>6. How can a foreigner start business for provision of legal services in Ukraine </li></ul></ul><ul><li>For the purposes of the Ukrainian legislation both companies 100%-owned by a foreign legal entity and offices (branches) of that entity in Ukraine are deemed to be subjects of foreign economic activity. </li></ul><ul><li>If a foreign person wishes to establish a wholly-owned legal entity in Ukraine it needs to register it with a central governmental authority of Ukraine providing: </li></ul><ul><ul><li>registration card; </li></ul></ul><ul><ul><li>copy of the founders’ decision; </li></ul></ul><ul><ul><li>statutory documentation; </li></ul></ul><ul><ul><li>document evidencing the payment of registration fee; </li></ul></ul><ul><ul><li>document evidencing registration of the foreign legal entity in its state of origin. </li></ul></ul>
  8. 8. <ul><ul><li>How can a foreigner start business for provision of legal services in Ukraine – cont’d </li></ul></ul><ul><li>A foreign legal entity may also establish its branch (office) in Ukraine. </li></ul><ul><li>For such registration of a branch it needs to provide to a central governmental authority in Ukraine the following documentation: </li></ul><ul><ul><li>application with a request to register a branch; </li></ul></ul><ul><ul><li>exert from commercial (bank) register of the state, where the foreign entity has its registered office; </li></ul></ul><ul><ul><li>certificate from the bank, with which the official account of the applicant is opened; </li></ul></ul><ul><ul><li>letter of attorney from the foreign legal entity authorizing the performance of representative powers. </li></ul></ul>
  9. 9. <ul><ul><li>8. How can a foreigner start business for provision of legal services in Ukraine – cont’d </li></ul></ul><ul><li>In accordance with the Ukrainian legislation a central governmental authority is under an obligation to register or to reject registration in 24 days term. </li></ul><ul><li>Moreover, there is no necessity for a foreign entity to obtain a license for provision of legal services in Ukraine. </li></ul><ul><li>Starting with 9 June, 2004 in the case of registration of a legal entity in Ukraine, its title may contain solely letters of Ukrainian alphabet, Arabic and Roman numerals, “-”, “’”, “N”. No other sighs may be used in the title of a legal entity. </li></ul>
  10. 10. <ul><li>9. Associations of lawyers and legal organizations in Ukraine </li></ul><ul><li>Lawyers’ Union of Ukraine </li></ul><ul><li>Association of Stock Market Lawyers </li></ul><ul><li>World Congress of Ukrainian Lawyers </li></ul><ul><li>Union of Ukraine’s Attorneys </li></ul><ul><li>Ukrainian Bar Association </li></ul><ul><li>Ukrainian International Law Association </li></ul><ul><li>Union of Notaries of Ukraine </li></ul><ul><li>Ukrainian Independent Judges Association </li></ul><ul><li>European Law Students Association </li></ul>
  11. 11. <ul><li>10. Magister & Partners: practice, main clients and cases </li></ul><ul><li>Trade and Commercial Law Practice (total cases in 2003: 57) </li></ul><ul><ul><li>Latvia vs. U.S. (rebar) </li></ul></ul><ul><ul><li>Ukraine vs. U.S. (steel plate) </li></ul></ul><ul><ul><li>Ukraine vs. Russia (steel tubes) </li></ul></ul><ul><ul><li>U.S. Steel Kosice (Slovakia Serbia) </li></ul></ul><ul><li>Finance and Banking Law Practice (total cases in 2003: 58) </li></ul><ul><ul><li>Ministry of Finance of Ukraine </li></ul></ul><ul><ul><li>Credit Suisse First Boston </li></ul></ul><ul><ul><li>Naftogaz of Ukraine </li></ul></ul><ul><ul><li>Gazprombank, Vneshekonombank (Russia) </li></ul></ul>
  12. 12. <ul><li>11. Magister & Partners: practice, main clients and cases – cont’d </li></ul><ul><li>Corporate and Tax Law Practice (total cases in 2003: 44) </li></ul><ul><ul><li>Joint Financing of Construction of Grain Terminal </li></ul></ul><ul><ul><li>Assessment of Ukrainian Tax Risks </li></ul></ul><ul><ul><li>International Tax and Corporate Planning </li></ul></ul><ul><ul><li>Corporate Restructuring </li></ul></ul><ul><li>Dispute Resolution Practice (total cases in 2003: 17) </li></ul><ul><ul><li>State of Ukraine </li></ul></ul><ul><ul><li>Naftogaz of Ukraine and the Government of Ukraine </li></ul></ul><ul><ul><li>DniproAzot </li></ul></ul><ul><ul><li>Yahoo! </li></ul></ul>

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