06:09, November 23 76 0

2017-11-23 06:09:09
Baltics firm Ellex expands European footprint with Estonia merger

Pan-Baltics firm Ellex has sealed a merger with Estonia-based Primus in a bid to consolidate its position as the largest law firm network across the Baltics.

Ellex’s Estonian member firm Ellex Raidla will merge with Primus’s Estonia arm on 1 January 2018.

The merged firm will be known as Ellex Raidla and will have a total of 60 lawyers in Estonia, making it the largest firm in the country. Primus’ three Estonia partners, Anton Sigal, Ermo Kosk and Gerli Kilusk will join Ellex Raidla and become the 12-member leadership team to manage the firm’s different practice areas. They also bring around 18 lawyers with them to Ellex Raidla.

Primus’ Latvia and Lithuania offices will remain with the firm.

Through the merger, Ellex, which has three member firms in the Baltics region, will strengthen its position as the largest firm in the region by number of lawyers. The merger will push the total number of staff to 280, including 211 lawyers.

The Baltic market has been consolidating steadily in the last few years. In September 2015, Baltics firm Cobalt merged with the Baltics offices of Finnish-headquartered Borenius. Cobalt, with around 180 lawyers, is among the largest firms in the region.

Around the same time as the Cobalt merger, Borenius Lithuania managing partner Daivis Svirinas and litigation head Zygimantas Pacevicius and 11 lawyers from Borenius Lithuania announced earlier this week they were moving to Sorainen, which is another major regional player with around 180 lawyers.