IFLR 1000
The Guide to the World's Leading Financial Law Firms

Baltic Legal Solutions - Lithuania are yet to make an impact in banking and finance after the merger (which brought together legacy firms Jurevicius Bartkus & Partners and Kazlauskas & Degesys Solvings). "Baltic are not big, they are losing influence," says one partner. "They are a large firm by number but not active in finance deals and have no capital markets. They do bank lending and project finance from time to time," another partner says. Yet another competitor says: "They don't do much in banking and finance but have a strong litigation practice."

Market commentators have had mixed feelings with regard to Baltic Legal Solution's - Lithuania activity. "Baltic Legal Solutions is not active at all," says one partner. "They're bigger and they work for local clients. I don't remember the last time they worked on a deal with an international aspect," another partner says. Nevertheless, the firm's deal list allays such concerns. Led by Gintautas Bartkus, the firm is presently advising one of the key Polish companies, in the road / railway construction sector, on a €193 million acquisition of a group of companies in Lithuania acting in the road construction sector.