I have a good level of confidence in the IFLR1000s ratings. I use it for outsourcing and as to whether I should accept a legal opinion issued from a law firm in a country I am not familiar with.
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Alrud is building a reputation in the market as a strong local firm, especially among international partners. One was very impressed with the work of the team and described it as "Western-style lawyering". They add that the firm's focus on the Russian market means that it has a "very in-depth knowledge" and that is the real strength of its work. But that focus doesn't mean the firm struggles with international work, at least according to clients. "The team of Alrud international partners which worked for us in conjunction with Alrud on cross-border matters also impresses us with their value for money and practical approach to our needs," says one.
The banking team is led by Alexander Zharskiy, whose work impresses clients. "Alexander is deeply knowledgeable and a highly experienced advisor," says one. "He always takes a practical and business-oriented approach to address our concerns and to achieve our key project aims. I note that Alexander is usually focused on the key details of the project, being the most important for the successful implementation of the project."
The skills of partner Vassily Rudomino and his team in the capital markets space is highlighted by clients and international lawyers alike. "He is very commercially attuned to what clients want in their business" says one international partner. "He's on top of the law and I know his clients regard him very highly. He brings commercial acumen and technical expertise in a friendly package." Yet it is for senior associate Anna Volgina that most of the plaudits are reserved. "Anna is very knowledgeable and what is very important about her is she is prepared for reasonable compromise; she is prepared for really fruitful negotiations," says one client. "I believe she will have a very good career and will soon become a partner because she has all the skills to be a top lawyer." An international partner says they are impressed with the work she did. They say:"she's quite softly spoken but when you drill into the detail she really does know her stuff and is quite sure about what the advice should be. I would assume she is potentially someone to work up the rankings to become partner because she's a very good technical lawyer." The firm's strength really lies in the equity space in this area as it is not really involved in debt work to any noticeable level.
The corporate team is also led by Zharskiy but clients are pleased with the full strength of the team. "The expertise of Alrud is really impressive in the corporate/financial transactional spheres," says one. "Alexander is always supported by a team of his younger colleagues advising on different project-related issues (corporate, securities, taxes, etc)."
The restructuring and insolvency team is led by Rudomino. It was involved in a number of interesting restructuring deals this year along with some bankruptcies and so retains its tier 3 ranking.
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