Reducing Activities: company scaling back some business operations while continuing others

Wait Scaling Back

Dentons is an international law firm.

Reducing Activities: company scaling back some business operations while continuing others

Wait Scaling Back
Revenue(RF), mln.USD
7
Staff
58
Capital, mln.USD
3
Assets, mln.USD
4
Taxes, mln.USD
2

Separating from its Moscow and St.Petersburg offices, promised leaving the exited operations as independent law firms, but formally remain on the market of the Russian Federation.

The Company Statement
December 15, 2022

Dentons remain on the Russian market (still working with seperate entity) - they keep their staff, employees, but change their name to Nextons, and promise to do all business in the Russian Federation through this preferred partner. This is the exact opposite of exiting the market.

December 27, 2022EU bans lawyers from advising Russian firms on sanctions
December 16, 2022Law firm Dentons completes formal Russia exit but keeps business ties
March 14, 2022Dentons to separate from its Russia offices
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