Philadelphia-based law firm Marks & Sokolov has teamed with a Ukrainian-born US lawyer to open office in Kyiv
The Philadelphiabased law firm of Marks & Sokolov has teamed with a Ukrainianborn US lawyer to open an office in Kyiv.
Marks, Sokolov & Burd is the firm’s second foreign office following one in Moscow. The firm began working with Ukrainian clients in 2004.
“We have represented Ukrainian interests in purchasing major metal plants in the US, and Western companies, in substantial, worldwide litigation arising from their Ukrainian business dealings. We look forward to doing more,” said Bruce Marks, the firm’s founder and managing director, who has also served as a Republican state senator from Pennsylvania.
“With the economic growth and political changes in Ukraine, we just felt it’s quite appropriate for us to extend to Ukraine as well,” said Ukrainian-born, US-trained attorney Gene M. Burd, managing director of the Kyiv office.
“We are distinct from many law firms that work here in that one of our specialties is international litigation and arbitration. Our firm has been involved in major litigation relating to privatization and shareholder conflicts both in Russia and Ukraine,” Burd said.
“There are views that the Ukrainian legal market is saturated, but when you come here and start speaking with people, potential clients, you find that many of them are unsatisfied with the services lawyers provide,” explained Burd. The lawyer noted that many local companies lack client-handling skills, while services of Western firms are frequently overpriced.
