November 11, 2011, Kharkov hosted the very first Eastern-Ukrainian Legal Forum of the Ukrainian Bar Association, an event focused on the study of regional legal markets that brought together more than 100 lawyers from the eastern region of the country - Kharkiv, Dnipropetrovsk, Donetsk, Lugansk, Zaporizhia, as well as lawyers from Kyiv, Lviv and Crimea.

Yaroslav Teklyuk, partner, represented Vasil Kisil & Partners law firm at the forum.

Event participants reviewed the East-Ukrainian market of legal services and features of the legal market of Kharkiv in particular, representatives of law firms from Odesa and Dnipropetrovsk regions, in turn, spoke about the specifics of their work.

The experts also pondered some topical issues of substantive law and had a discussion about the issue of reforming the legal profession with the majority of participants being opposed to any change and rather sceptical about the effectiveness of future reforms.

Particular attention was paid to the policies and law firm management. In his presentation, "The Strategy of a Ukrainian law firm, from design to implementation," Yaroslav Teklyuk, a partner with Vasil Kisil & Partners law firm, revealed the basis for strategic planning. According to Mr. Teklyuk, its essence at all levels is to identify the risks to be avoided, and opportunities that should be pursued.

While going over the main components of the strategy, Yaroslav drew the audience's attention to the fact that each strategy should include an explicit or implicit description of the scope, definition of goals and objectives, resource allocation, identifying the means to achieve sustainable competitive advantage, as well as identification of sources of synergies between different business units within the firm.

Taking all the aforesaid into consideration, Yaroslav pointed out that a successful company strategy is in accordance with its environment and provides a competitive advantage, while increasing the efficiency of the firm and ensuring the achievement of company’s objectives.

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For more details please contact Iryna Ryslyaeva,

PR Manager

Tel.: +380 44 581 7777

E-mail: pr@vkp.kiev.ua

About the Firm

Established in 1992, Vasil Kisil & Partners is a Ukrainian law firm that delivers integrated legal advice in banking & finance, mergers & acquisitions, capital markets, commercial law, international arbitration, dispute resolution, tax law, energy and natural resources law, intellectual property law, international trade law, labor and employment law, real estate and construction law, as well as public private partnership concessions and infrastructure law.

We serve international and domestic companies, as well as private individuals, dealing with banking and financial industry sectors, agriculture, chemical, construction, energy, hi-tech, general commodities, insurance, IT, media, metallurgy, pharmaceutical, real estate, shipbuilding, telecommunications, trading, transport, and other industries and economy sectors.

Our clients include such world-known companies as Alpcot Agro, Africa-Israel Group, Astellas Pharma, BASF, Bayer Consumer, BNP Paribas, British American Tobacco, Central European Media Enterprises, Coca Cola, Credit Agricole Group, Danone, Dell Inc., Du Pont, Energy Standard Group, Eurosport, Google, IKB Deutsche Industriebank , LG Electronics, Leroy Merlin Ukraine, Lukoil, Metso Automation Oy, Moody’s, Mott MacDonald Limited, NCH Capital, Novacke chemicke zavody, Opel, Philips, Pioneer, Red Bull, Russian Standard Bank, St. Sophia Homes, SEB AB, SEB Group, Swedbank AB, Seven Hills, Shell, Standard Charted Bank, Tchibo, UniCredit Group, Vanco International / Vanco Energy, Volkswagen, VympelCom.