Algirdas Pekšys > Sorainen > Vilnius, Lithuania > Lawyer Profile

44A Gedimino Ave
LT-01110 Vilnius

Work Department

Corporate and M&A


I am a partner with the firm’s Corporate and M&A team. I have been with Sorainen since 2005, helping to build its Corporate, M&A and Employment practices.


Corporate governance expert. Being particularly interested in corporate governance, I habitually contribute to improving corporate governance regulation by participating in various working groups focused on corporate law. For example, I authored the first Corporate Governance Code in Lithuania back in 2004 when I was a legal counsel at Nasdaq Vilnius Stock Exchange. The latest initiative I worked on was an expert group formed by the Baltic Institute of Corporate Governance working on transposing best practices introduced by the European Model Company Act (EMCA) into Lithuanian Company Law.

Helping international businesses to expand to Lithuania. Lithuania has become a very attractive destination for foreign investors and a regional leader in terms of FDI-created jobs. I have advised many foreign companies on making greenfield investments in Lithuania, especially by opening global business service centres (such as Barclays, Western Union, Nasdaq, AIG), as well as on entering the market or growing operations by way of acquisition.

Topping the Mergermarket M&A rankings. Thanks to such transactions as PKN Orlen’s acquisition of Mažeikių Nafta, Providence Equity Partners’ acquisition of telecoms group Bitė, the formation of joint venture energy giant LEO LT, and many others, I stand at No 1 among individual lawyers by total value of major M&A transactions advised in the Baltics (EUR 4.216 billion during 2005-2021) according to Mergermarket statistics.

Corporate life-cycle and cross-border matters. I advise clients on all issues, from setting up businesses and fine-tuning their corporate governance systems to managing shareholder relationships and disputes, optimising company group structures, and finally selling or winding up the business. My particular interest lies in matters with a cross-border aspect, such as cross-border mergers: Siemens, If P&C Insurance, ERGO, Seesam, Alpiq, Nasdaq central securities depositories, to name a few I have worked on.

People management and employment law. Leadership and HR topics have always been among my favourites. For many years I have been a partner supporting our HR team and contributing to HR processes in the firm. This helps me to better understand the challenges that our clients face in HR and allows me to better meet clients’ expectations when advising them on sensitive employment law matters.


Lithuanian, English, Russian


  • Lithuanian Bar Association
  • International Bar Association
  • International Association of Young Lawyers (AIJA)


  • Vilnius University, Lithuania (MA in Law)

Lawyer Rankings

Lithuania > Commercial, corporate and M&A

Sorainen’s forte is in handling large cross-border transactions, with a recent workload including pan-Batlic instructions as well as matters also involving the US and other EU countries. M&A specialist Sergej Butov oversees the team and has a particular interest in the energy and life sciences sectors. Fellow M&A expert and managing partner Laimonas Skibarka is another key name and focuses predominantly on the TMT sector. As well as M&A transactions, the team is also notably adept in private equity and venture capital, where Mantas Petkevičius is a key name of note. The team is also highly skilled in corporate governance work, largely owing to the expertise of Algirdas Pekšys. Senior associate Mindaugas Dominykas Baniulis, who has a particular interest in the TMT sector, is another key figure. Evaldas Dūdonis was promoted to the partnership in January 2022.

Lithuania > Employment

Sorainen excels in both contentious and non-contentious employment matters, and the recent caseloads include assisting with restructuring, mass dismissals and stock option plans. Joint practice head Algirdas Pekšys handles employment and corporate matters and as such is well placed to advise on the employment aspects of corporate transactions. Counsel Agnietė Venckienė also leads the team and similarly advises on corporate transactions, sensitive HR issues and setting up operations in Lithuania.