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TOTORIU STREET 5-7, 01121 VILNIUS, LITHUANIA
Tel:
Work +370 5 269 1100
Fax:
Fax +370 5 269 1010
Email:
Web:
www.juridicon.lt

DR. LAIMONAS MARCINKEVIÄŚIUS, Managing Partner

Managing Partner of the Law Firm MarcinkeviÄŤius & Partners JURIDICON Dr. Laimonas MarcinkeviÄŤius explains how the firm is adapting to the changing needs of its clients.

WHAT DO YOU SEE ARE THE KEY DIFFERENCES THAT MEAN LAW FIRM MARCINKEVIÄŚIUS & PARTNERS JURIDICON STANDS OUT FROM ITS COMPETITORS?

Firstly, what makes us different is our approach. We apply a unique mix of in-depth knowledge, customer-centric and risk-based approaches and exceptional abilities in project management. By applying these, we enable our corporate clients and their legal departments to cost-effectively govern their risk landscape and make better-informed business decisions, as well as ensuring that they maintain legal and tax compliance. According to testimonials from our clients – particularly those in the IT, transportation and pharmaceutical sectors – they are very happy with our service, which is aimed at maximising clients’ shareholder value and ensuring the long-term sustainability of their organisations.

Secondly, for more than 20 years we have been providing legal as well as tax advice services for multinational clients who have invested in Lithuania. The fees for our services are always clear and fair; we are dedicated to providing reliable high-quality services and efficient solutions at a reasonable price. We provide a full range of services in the areas of regulatory risk and compliance, legal and tax due diligence for multinational companies which have subsidiaries based in Lithuania. Our services include, but are not limited to, GDPR, employment laws, whistle-blower protection, etc. We firmly believe that all of these strengths mark us out from our competitors.

WHICH PRACTICES DO YOU SEE GROWING IN THE NEXT 12 MONTHS? WHAT ARE THE DRIVERS BEHIND THESE?

We believe that we will continue to grow and expand our knowledge in the area of  taxation. This has always been one of our core areas of expertise. The Lithuanian tax authority is becoming more digital, which means that there are a number of potential risks which should be mitigated by executives at the top of companies. Our main priority will always stay the same: to ensure clients’ legal and tax compliance and to protect them from potential risks including significant penalties and litigation.
The fact that the first fines for non-compliance with the GDPR have already been issued is likely to mean that interest in ensuring total compliance with data protection regulations will increase. We also anticipate a breakthrough in the area of whistleblower protection since enforcement of the new Law on Protection of Persons Reporting on Breaches started. The increasing number of legal regulations covering the corporate and personal liability of executives means that compliance is now a key issue.
We have quite ambitious growth aspirations and expect to meet the individual needs of our clients. With our innovative risk-based approach and experienced team, we strongly believe that we will be able to realise our full potential and meet our clients’ expectations.

WHAT'S THE MAIN CHANGE YOU'VE MADE IN THE FIRM THAT WILL BENEFIT CLIENTS?

Primarily, it is investment in our experienced, proactive and specialised team. This  gives our clients access to business-oriented and actionable legal advice. Because we are committed to continual improvement, we are always learning, growing and changing. Secondly, our use of a mix of innovative technologies and an implemented legal project management approach allows us to offer our clients predictable and competitive pricing, effective legal services (especially in legal due diligence) and exceptional experience. Thirdly, maintaining active and intensive cooperation with various international networks helps our clients to achieve their global business objectives.

IS TECHNOLOGY CHANGING THE WAY YOU INTERACT WITH YOUR CLIENTS, AND THE SERVICES YOU CAN PROVIDE THEM?

Potential clients, who arrive at our firm’s site are greeted by our robot lawyer, Teiris, and directed to a relevant attorney based on the information they provide about their requirements. Technology ensures that our customers receive an exceptional experience every time.When we were ranked among Lithuania’s 14 top innovative companies in 2009, we did not rest on our laurels and have continued to develop and improve in every single year since then. Today, technology is at the heart of every step of our customers’ journeys.  Most of our interactions with our clients are done online. We understand that the most important online interaction between a business and its lawyer is the exchange of information. Therefore, we cannot leave it to chance. Technology helps us to collect the right data at the right time from our customer and helps us to engage in that customer’s legal project in a more effective and customer-centric way.Our website includes tools that allow our clients not only to submit information or inquiries, or to schedule appointments, but also to order plans of prepaid legal services within a few seconds. Using our structured sales process, a client is not only able to choose a convenient date, time and duration for an appointment, but is also given opportunities to submit all the necessary information related to future appointments and also to immediately receive a quote for the consultation or any other engagement. Our client portal helps us to deliver better, more responsive and transparent services of the highest quality. We spend less time chasing our clients (and vice versa) via email or phone because we give our clients on-demand access to their project, issue, retainer and account information, offering real-time updates on ongoing tasks, allowing users to view and pay invoices, and much more, while leaving us in full control. Technology makes the process of working with our firm as seamless as possible and ensures a higher rate of satisfaction for our clients.

CAN YOU GIVE US A PRACTICAL EXAMPLE OF HOW YOU HAVE HELPED A CLIENT TO ADD VALUE TO THEIR BUSINESS?

Our ethos is to go the extra mile. Recently, we have implemented a regulatory risk and compliance system for one of our large corporate clients. The system helped the client to identify the most critical regulatory risk and compliance issues in its enterprise. This system has been designed to assess risk and to produce a rapid response to those potential threats when they are identified. So, the system ensures the protection of the clients’ assets, data and reputation. Mapped relationships between critical processes and resources ensure long-term sustainability and business continuity.

ARE CLIENTS LOOKING FOR STABILITY AND STRATEGIC DIRECTION FROM THEIR LAW FIRMS - WHERE DO YOU SEE THE FIRM IN THREE YEARS’ TIME?

Yes, they are and we are very proud of such recognition. Our firm will remain committed to offering reliable, high-quality services and efficient solutions at a reasonable price in a creative and result-oriented manner. We will stay focused on identifying new strategic opportunities and to enhancing and adapting them to our clients’ needs as well as to continuing mitigating and eliminating strategic threats in cross-border business development and taxation. I am certain that in the next three years our clients will continue to receive valuable benefits.  Our firm’s strong network of lawyers and innovative solutions will empower our clients, allowing them to attain their business objectives and overcome any challenges on the way.

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