CHIEF EDITOR OF YURIDICHESKAYA PRACTIKA PUBLISHING
The results of 2017 for the legal market are generally positive. Financial revenue increased by 15-20% and reached UAH 5.4 billion. But it all depends: one quarter of financial receipts is generated by just the five most profitable law firms. In absolute terms this is more than the combined earnings of 50 companies that form the “bronze league” of our research.
The year was an active despite the fact that most of the expectations regarding economic recovery, arrival of investors and pace of reform were not met. Perhaps they will be implemented next year. It appears that 2018 will become a litmus test for state reforms under almost any scenario. Attention will, within the framework of the legal market, be focused on the Supreme Court, procedural reforms and the lawyer monopoly.