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Estonia

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Editorial

Legal market overview

Estonia’s financial market remains strong and in combination with an ever increasing number of start-up businesses, the legal sector keeps continuously busy; advice is increasingly shifting from traditional forms of credit financing towards a burgeoning venture capital and crowd-financing scene. Also, some law firms are at the cutting edge of the fintech market benefitting from experience and know-how in the new block chain, cryptocurrency and bitcoin concepts, which are attracting considerable foreign investment. As an additional consequence of this there is an increased work flow for firms that have expertise in IP law in order to protect inventions and trade marks.

On the transactional front, a steady flow of instructions on complex mergers and a buoyant property market for retail, office and residential properties led has kept firms busy as well.

Traditionally, the dispute resolution sphere is dominated by public procurement, white-collar and shareholder disputes with a particular emphasis on the enforcement of minority shareholder

As a significant development in the legal market, Primus, Attorneys at Law merged with Ellex in January 2018, although this merger only affects Estonia; Primus, Attorneys at Law will continue to operate independently in both Latvia and Lithuania.

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