Financial Times recognises Ellex as an innovative leader in the legal industry

October, 2017 - Vilnius, Lithuania

On 4 October 2017, the Financial Times announced the highly-anticipated results of its annual survey, the FT Innovative Lawyers Report, recognising Ellex as one of the 50 most innovative law firms in Europe. The Ellex group of law firms stands out in the rankings as the only Baltic-based law firm selected alongside well-known internationals such as Freshfields Bruckhaus Deringer, Allen & Overy, Linklaters, Slaughter and May, DLA Piper, Dentons and others.

In addition to being recognised as one of the Top 50 Law Firms and Legal Service Providers for 2017, the firm was also singled out for its dispute resolution work and its ability to drive value in the market. In the first instance, Ellex’s representation of a minority shareholder in a damages case with far-reaching effects across the European Union, was recognised for its expected impact on the protection of rights of minor shareholders. In the second instance, the firm’s assistance in setting up innovative blockchain technology for the creation of a proxy voting system for companies listed on Nasdaq Tallinn Stock Exchange, with a view to such technology being rolled out on Nasdaq exchanges globally, will change how shareholders participate in meetings of listed companies and give them greater oversight of their voting records.

The FT Innovative Lawyers Report is widely recognised as one of the top legal rankings in the market, with fierce competition among its accompanying award categories. Over the past decade, it has researched and assessed legal innovation in more than 50 different countries, looking at over 400 unique law firms and over 400 corporate in-house legal departments. Click here to see the full list of the Top 50 Law Firms and Legal Service Providers 2017.

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