Rising Stars

Namuun Odkhuu - KhanLex Partners LLP

Firms To Watch: Leading firms

ELB Partners is a corporate firm that advises on a range of civil and administrative matters for local and international companies, financial institutions, government entities, and non-governmental organisations.
IPPI Co., Ltd. is a patent and trademark specialist firm, and is the Mongolian branch of Clover International Patent Firm in Japan. Key sectors of expertise include electronics, IT, nanotechnology, biotechnology, mining engineering, and life sciences.
MJL Attorneys LLP’s offering spans key areas in the Mongolian legal market, including mining, energy, labour and employment, and corporate and commercial. Managing partner Munkhbat Munkhjargal is the key name to note.
Ulaanbataar-based ASHID ADVOCATES LLP maintains a full-service practice, with key areas of expertise including mining, energy, real estate and construction, banking, and finance for domestic and multinational corporations, as well as Mongolian and foreign investors.

Leading firms in Mongolia

KhanLex Partners LLP

Following its de-merger from MDS KhanLex in 2018, KhanLex Partners LLP has positioned itself as a full-service commercial and corporate firm, particularly in the climate finance sector in Mongolia. Founding partners Uchralbayar Iderkhangai, Enkhbat Batsukh, and Batjargal Gombosuren each manage several core practice areas of the firm, which maintains a high-profile client list of multinational and state-owned banking and financial industry staples. The team has broad cross-border expertise, with Batsukh focusing on cross-border transactions, energy and infrastructure financing, M&A and joint ventures, and regulatory matters. Gombosuren also focuses on the former, but with the added value of mining, and natural resources expertise. Iderkhangai’s expertise lies in domestic and international investment and dispute resolution, with an added focus on commercial and employment issues. Namuun Odkhuu is also a name to note.

Practice head(s):

Uchralbayar Iderkhangai; Enkhbat Batsukh; Batjargal Gombosuren

Other key lawyers:

Khulan Bayarsaikhan; Uuganzaya Batjargal; Namuun Odkhuu


‘Professional legal services, promptness, and professional relationship.’

‘Highly experienced professional lawyers.’

‘Responded immediately to our requests and questions and strictly adhered to their promises made and the set schedule during the cooperation.’

Key clients



Green Climate Fund

Khan Bank

Clean Energy Asia

Philip Morris

UPC Renewables Asia Pacific Holding Ltd

United States International Development

Finance Corporation

Work highlights

  • Advised the EBRD on the writing of a report on strengthening the legal framework for non-performing loans and debt restructuring for the benefit of the Central Bank of Mongolia.
  • Advised the ADB and JICA-funded LEAP fund on financing to Tenuun Gerel Construction LLC, for building, operating, and maintaining a 15 MW solar power plant in Mongolia.
  • Advised The Green Climate Fund on the establishment of  the Mongolian Green Finance Corporation and preparation of a funding proposal.

MahoneyLiotta LLP

Ulaanbaatar-based firm MahoneyLiotta LLP covers virtually all aspects of Mongolian law and Mongolia-related cross-border transactions. The firm advises private corporates, governmental institutions/entities, and non-governmental organisations across a range of industry sectors, including but not limited to natural resources and energy, mining, commercial and investment banking, real estate, and international trade. The firm is led by founding partners Daniel Mahoney and James Liotta; Narantuya Gunddegmaa; Enkhtur Demberelsuren; and Nomin Dashnyam. Liotta, Dashynam and Gundegmaa offer mining, mineral and energy expertise in relation to market entry strategy, project finance and compliance, as as other matters. Mahoney is also a capital markets, tax and aircraft leasing expert, while Demberelsuren is a disputes specialist, with extensive experience in litigation and arbitration in both criminal and civil contexts.

Practice head(s):

Daniel Mahoney; James Liotta

Other key lawyers:

Narantuya Gunddegmaa; Enkhtur Demberelsuren; Nomin Dashnyam

Melville Erdenedalai LLP

Enjoying a strong record in transactional work, Melville Erdenedalai LLP, partnered internationally with Hogan Lovells International LLP , provides a full-service commercial and corporate offering. Known for its banking and finance expertise, the firm continues to advise on Mongolia’s top high-profile transactions, such as the government’s sovereign ‘Nomad Bond’. The firm is also pre-eminent in the renewable energy sector, advising foreign investors and international shareholders, particularly in the solar and wind-generated energy markets. The team also advises on key regional M&A transactions, infrastructure development, and licensing. Founding partners Erdenedalai Odkhuu  and Chris Melville are highly regarded.

Practice head(s):

Chris Melville; Erdenedalai Odkhuu


‘Extremely well connected in Mongolia with a very good understanding of the commercial drivers of a transaction.’

‘Chris Melville is a pleasure to work with, very responsive, a great technical lawyer who applies Mongolian law in a commercial way.’

The principal, Erdenedalai Odkhuu, is very accomplished and has a good grasp of our needs.’

Key clients

European Bank for Reconstruction and Development (EBRD)

Talon Petroleum

Joyful Heart Learning Center

International Finance Corporation (IFC)

International Investment Bank (IIB)

Work highlights

  • Advised Talon on acquiring a 33% participating interest in the Gurvantes CBM project and enter into joint operatorship arrangements.
  • Advised the Government of Mongolia on a $600m sovereign bond issuance and repurchase, known as the Nomad Bond.
  • Advised the European Bank for Reconstruction and Development on a ISDA swap agreement.

Minter Ellison

Australian multi-national firm Minter Ellison Lawyers’ Ulaanbaatar office has established itself as a full-service domestic firm with an integrated international practice. The firm offers a broad practice of corporate, M&A, employment, construction, energy and dispute resolution expertise. In particular, considered as the ‘law firm of choice’ for the mining industry for domestic and international clients, the firm continues to be instructed in high-value, cross-border deals, recently advising on the AU$2.2bn divestment and restructuring for CIMIC Group Limited’s Mongolian subsidiaries. The practice is led by Australia and South Africa qualified, and registered foreign lawyer Sebastian Rosholt who has bases in both Mongolia and New South Wales. Domestic legal services in the firm are led by Dunnaran Baasankhuu, an investments and securities expert who manages the Mongolian facets of transactions and liaises on cross-border transactions.

Practice head(s):

Sebastian Rosholt; Dunnaran Baasankhuu


‘Dunnaran Baasankhuu is an excellent lawyer.’

‘Solid team with feet on the ground and an excellent understanding of the local market.’

‘Practical and commercial advice.’

‘Dunnaran Baasankhuu and Sebastian Rosholt have both Australian and Mongolian experience meaning they understand foreign businesses operating in Mongolia.’

My interaction with Dunnaran Baasankhuu and Shairiibuu Boldoo has been positive. Dunnaran in particular is a very clear communicator and translates complicated matters into concise and clear layman terms extremely well.’

Practical and commercial advice. Relationship driven.

Key clients

Ampcontrol Group

Aquaterra East Asia LLC

Australian Embassy in Ulaanbaatar

Bupa Insurance Services Limited

Dentons Shanghai / Paris Office

China Investment Corporation

CIMIC Group Limited

Cook Medical Australian Pty Ltd

Echo Sky Investments Limited

Epiroc Mongolia LLC

European Bank for Reconstruction and Development

Kim & Chang

Lee & Ko

Loro Piana Mongolia LLC

Mongolian Solar Companies’ Consortium

Oyu Tolgoi LLC

Sandvik Mongolia LLC

StarChase Motorsports Mongolia LLC

Thiess Mongolia LLC

Thiess Pty Ltd

Transwest Mongolia LLC

Vestas Australian Wind Technology Pty Ltd

Vestas Mongolia LLC

Viking Mines Limited

Wagner Asia Equipment LLC

Worley Engineering LLC

Xanadu Mines Ltd

Work highlights

  • Advised CIMIC Group Limited on the AU$2.2 billion divestment of a 50% interest in Thiess Pty Ltd to Quarry Services Holdings Ltd (funds managed by Elliott Management Corporation).
  • Advised and represented StarChase in relation to the criminal investigation and tax dispute relating to the land occupied by StarChase and advising StarChase in relation to transfer of shares in StarChase’s two entities and debt for share exchange transactions.
  • Advised and acted as Mongolian counsel to Thiess in relation to its refinancing following the over AU$2 billion of new debt and associated security arrangements selldown to Elliott.

Anand Advocates LLP

Anand Advocates LLP offers corporate and transactional advice, alongside support in litigation, for both foreign and domestic clients. The firm has experience in real estate, natural resources and energy development projects, intellectual property, and finance. Managing partner Enkhtsetseg Nergui is a commercial and corporate specialist and founding partner Batzaya Bodikhuu focuses on mining, natural resources, and infrastructure matters.

Practice head(s):

Enkhtsetseg Nergui; Batzaya Bodikhuu


DB & GTS advises on a wide range of Mongolian law issues. With an offering encompassing corporate and M&A, finance and capital market, projects, real estate, and IP. The firm works across these sectors in contentious and non-contentious matters. Key contact and managing partner Zoljargal Dashnyam is a capital markets and finance expert for energy and mineral related matters. Sanchir Sukhtumur leads the firm's litigation practice, and Battushig Batsuren has aviation, renewables, and mineral expertise.

Practice head(s):

Zoljargal Dashnyam; Sanchir Sukhtumur

Other key lawyers:

Battushig Batsuren

MDS & KhanLex LLP

Full-service firm MDS & KhanLex LLP is known for its presence in the asset and mortgage-backed securities market in Mongolia. Primarily corporate in its output, the firm also boasts a well regarded litigation practice. The team offers project financing, M&A, energy, and legislative policy advice to key clients, such as regional energy corporations and the Mongolian government. Maizorig Janchivdorj heads the firm’s project finance, infrastructure, and disputes practices. Dugerjav Dash-Onolt advises on capital markets, securities, and legislative policy. Both bolster the firm’s commercial offerings thanks to their experience in drafting legislation in these areas. Bayartuul Chimed-Ochir is also highly regarded, particularly for her fintech expertise. The firm has also won several mandates related to wind and solar farms, in which Batbuyan Sodnomjamts  is adept.

Practice head(s):

Maizorig Janchivdorj

Other key lawyers:

Dugerjav Dash-Onolt; Batbuyan Sodnomjamts; Bayartuul Chimed-Ochir


‘The team is dedicated to satisfying their clients.’

‘Their assistance and guidance is always available when needed. They deliver their services efficiently and in a timely manner.’

Professional and well mannered.

Partners are highly experienced.


Key clients


Invescore Activ SPV

Invescore NBFI JSC

Draft Law of Mongolia On Debt Management/Ministry of Finance

Ard Financial Group JSC


Mongolian Mortgage Corporation LLC

Far East Asia Coal mining

ABS Investment LLC

Tomyo Edtech

Work highlights

  • Advised Invescore NBF JSC on due diligence before the issue of a public proposed bond on the Mongolian Stock Exchange.
  • Advised Suu JSC on due diligence before the issue of additional shares on the Mongolian Stock Exchange.

Nomin & Advocates LLP

Nomin & Advocates LLP primarily advises clients in mining, energy and infrastructure, banking and finance, coporate and commercial, and employment law. Dual New York and Mongolia-qualified managing partner Nominchimeg Odsuren is an expert in corporate and commercial matters, as well as dispute resolution.

Practice head(s):

Nominchimeg Odsuren

Grata International Mongolia

Absolute Advocates LLP (associate office of GRATA International), specialises in commercial and corporate law with particular strength in advising foreign investment companies in the luxury items, petroleum products, and commodities sectors, as well banking and finance matters for such companies. The Ulanbaatar-based firm’s domestic practice also includes expertise across commercial outputs including the mining, pharmacy, and healthcare sectors. The team is headed by Bolormaa Volodya, whose broad specialisms support the firm’s strong mining practice as well as the firm’s labour, competition, intellectual property and civil practices.

Practice head(s):

Bolormaa Volodya


‘Business oriented and quick to respond to our questions.’

Key clients

Bureau Veritas Inspection & Testing Mongolia LLC

Bureau Veritas Kazakhstan Industrial Services

Berlin Chemie AG

LiteFinance Global LLC

Project Solutions International

FM Legal

Outotec Mongolia LLC

Covington & Burling (London) LLP

Monadelphous Mongolia LLC

KRKA Novo mesto

KRKA d.d Novo mesto Representative office in Mongolia

Epiroc Mongolia LLC

My Green Way LLC

Upjohn Export B.V.

British American Tobacco (Uzbekistan)

Akaliko Mongolia LLC

Hunton Andrews Kurth LLP

Work highlights

  • Advising Bureau Veritas on the liquidation process of the company, including mass redundancy of employees and communication with government authorities.
  • Advised Stripe on the regulatory regime for financial online services platforms in Mongolia.
  • Advised BAT on tax issues and labelling and advertising requirements for tobacco products in Mongolia.

Avinex Partners LLP

Avinex Partners LLP provides a wide-ranging commercial and corporate offering for domestic and international financial institutions and corporates. Managing partner Solongoo Bayarsaikhan is known for her advice on corporate and commercial law, as is Turtuvshin Bat-Erdene, who assists foreign investors seeking inbound investment into Mongolia.

Practice head(s):

Solongoo Bayarsaikhan

Other key lawyers:

Turtuvshin Bat-Erdene

Mayer Brown

Mayer Brown‘s Mongolian offering is located in Hong Kong and led by Jason Elder. The firm offers comprehensive advice across a wide range of transactional corporate matters to a client list of notable sponsors and issuers in a number of first-in-market transactions. Elder is widely regarded for his debt capital market practice, which focuses on high-yield, hybrid and structured-debt products. Thomas Kollar and Nishrin Hussain are also key individuals within the team, both working closely with Elder mainly in multi-jurisdictional capital market transactions.

Practice head(s):

Jason Elder

Other key lawyers:

Thomas Kollar; Nishrin Hussain


‘The team was very attentive and always responded in short period of time. Deliverables spot on time, excellent management despite time pressure.’

‘The intimate knowledge of the country and industry built on previous sovereign and private deals was one of key strength of the team.’

I worked closely with Jason Elder. Despite the different locations he was always available via mobile/email and took time to explain the reasons and implications of particular clauses that I was not sure how to understand.

Key clients

Trade and Development Bank of Mongolia

Mongolian Mortgage Corporation HFC LLC, MIK Holding JSC

Development Bank of Mongolia

Government of Mongolia


Operating out of offices in Hong Kong and Washington DC, the Milbank team provides advice on matters for the Mongolian government, including in dispute resolution, project finance, and investigations.

Snow Hill Consultancy LLP DUPLICATE

Founded by Bayar Budragchaa following his departure from ELC LLP AdvocatesSnow Hill Consultancy LLP  specialises in mining, energy, infrastructure, securities, and financing. The firm also offers business consulting, project development and litigation support to clients looking to enter into the Mongolian market. Managing partner Nyamtseren Bataa  has experience in corporate financing, IPOs, PPP’s, and distributorship agreements.

Practice head(s):

Bayar Budragchaa

Other key lawyers:

Nyamtseren Bataa


‘Depending on the nature of needed legal service, they are able to offer different lawyers that are specifically developed themselves within certain areas.’

‘This is a full service law firm, they are strong in providing corporate and advisory services. One stop service is preferred by the clients instead of looking for different professionals.’

Key clients

Erdene Resources Development/Erdene Mongol LLC

Steppe Gold Limited / Steppe Gold LLC

Transwest Mongolia

CIC Capital Corporation

China Investment Corporation

Ernst and Young TMZ LLC

Shangri-La Ulaanbaatar LLC

FLSmidth Mongolia

Archetype Mongolia LLC

Aranjin Resources Limited/Aranjin Resources LLC

Ion Energy Limited

Work highlights

  • Advised Steppe Gold Limited on its applications to the Toronto and Mongolian Stock Exchange.
  • Advised Aranjin Resources LLB on its acquisition of a Mongolian company holding export license.
  • Advised Ion Energy Limited on due diligence for company financing.