Interview with: Alexis Erotocritou, Partner
A.G Erotocritou LLC | View firm profile
Partner Alexis Erotocritou’s outlook on A.G. Erotocritou LLC explains how the firm is adapting to clients’ changing needs
What do you see as the main points that differentiate A.G. Erotocritou LLC from your competitors?
A.G. Erotocritou LLC has been described as “an exception to the Cyprus market where everyone does everything” due to its niche practice and highly specialised team in both contentious and non-contentious matters, which is “always there for the client”. A.G. Erotocritou LLC carefully selects its clients and the projects it takes on, in this way allowing it to ensure its exclusive clientele and maintain the highest quality of services. Finally, as our firm does not provide corporate administration or nominee services and refrains from acting for and on behalf of local banking institutions on fixed-retainer agreement, it remains conflict-free at all times.
Which practices do you see growing in the next 12 months? What are the drivers behind that?
It goes without saying that this past year was unpredictable and has shaken the markets across the world. However, due to the support packages most governments have been offering, the blow has, so to speak, been softened. The true aftermath, it seems, is not yet fully visible. This naturally is expected to give rise to restructuring and insolvency, a practice our team has been significantly investing in over the past few years, irrespective of the pandemic but will continue to do so, in view of the current events. Additionally, our firm’s recently established Financial Services and Products practice, which already counts some of the largest players in the industry at a both local and international level, is expected to steadily grow, as an area with constant developments and changes.
What’s the main change you’ve made in the firm that will benefit clients?
A.G. Erotocritou LLC has, through the years, been rigorously implementing a business model similar to that of some of the most prominent international law firms. Aside from the steady growth of our team over the past few years, our firm is constantly looking for ways to maintain the excellence in its specialist services whilst also remaining fully available to its clients. Technology, with the embrace it has seen as a result of the lockdown measures imposed across the globe, has been our friend in this respect. Additionally, our firm has strengthened and expanded its investment and transactional advisory team by welcoming Melinda Rishkofski on board, as the firm’s external consultant. With her expertise and over 30 years of experience, Melinda has already added significant value to the team.
Is technology changing the way you interact with your clients, and the services you can provide them?
Our team prides itself in always being available for our clients and willing to work around the clock, if necessary, to deliver. In this respect, embracing technological advances has always been a priority of our firm and this year has been no exception. Our firm has fully adapted to the difficult circumstances caused by Covid-19, with our entire team having the ability to work remotely while maintaining our usual working interface. Despite the difficult circumstances that brought about this change, we are happy to note that technology has given us a platform to interact with our cross-border clients on a face-to-face basis more often.
Are clients looking for stability and strategic direction from their law firms – where do you see the firm in three years’ time?
A.G. Erotocritou LLC is treading its path confidently and steadily, something our team intends to continue to do as we maintain our ethos and value. As I have also stated above, our firm is constantly looking for ways to expand but is aware it should do so steadily and only where necessary. While A.G. Erotocritou LLC is proud to already count some of the largest international law firms, banking institutions and multinational corporations among its clients, and intends to continue investing in the excellent relationships it as built along the way, we expect our business to grow naturally over the next few years, with an even more dominant presence in international markets.