Baltic, Legislation

The law firms noted that while they have cooperated closely for years, TLS Alliance would now strengthen their capacity in offering highly professional cross-border legal counseling across the Baltics.

"The three firms, united in TLS Alliance, provide their clients with high-level services meeting best international standards. The alliance’s strength lies in cross-border legal services covering all aspects of contemporary business law," Aare Tark, managing partner of Tark & Co, said.

"The Baltic countries are regarded as one market, and the new alliance allows us to respond the needs of our clients in a more effective way. Our cooperation on different projects has been most fruitful and the firms in Estonia, Latvia and Lithuania have acted on common projects as a unied and well-integrated team," said Janis Loze, a Managing Partner of Loze, Grunte & Cers.

"The founding of TLS Alliance is a logical step after years of close co-operation between Tark & Co, Loze, Grunte & Cers and Sutkiene, Pilkauskas & Partners, and it will send a stronger signal of our close ties to the clients as well,“ said Eugenija Sutkiene, a Managing Partner of Sutkiene, Pilkauskas & Partners.

Close to 100 attorneys-at-law and lawyers will work in the companies of TLS Alliance. The combined revenue of TLS Alliance law firms in 2007 made up approximately nine million kroons.