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central square that has served as a battleground between opposition forces and the Berkut riot police . "When the tanks began rolling through the barricades , I said to one of my partners that I thought we'd have to close the office for good, because there's no point in being in a place without the rule of law," says Teluk of the violence that claimed 88 lives . "Now there's a little bit of euphoria that the people protesting on the street have effectuated a big change, but there's still a lot of work to be done." Squire Sanders, which had spun off its Kiev base in 2003 before returning to the city five years later , bolstered its operations in Ukraine last year by forging an alliance with leading 32-lawyer local firm Salkom LLC . Teluk, who has served three times as an election observer in Ukraine, is optimistic that the country can heal its political divide and that the newly formed national unity government will take the steps necessary to curtail rampant corruption and restore the public's confidence in the state. Teluk says Squire Sanders tries to remain apolitical in Ukraine, but acknowledges that employees of the firm have personally supported the opposition. Oleksandr Kurdydyk, the head of the finance and projects group in DLA Piper's Kiev office, says that some of his firm's employees have also participated in the protests in hopes that a new government will reform the country's judicial system and promote more transparency in the public tender process. According to Transparency International , Ukraine is one of the world's most corrupt countries. The ouster of Yanukovych, whose lavish presidential estate on the outskirts of Kiev shocked many the protesters who overran it a week ago, has some in the large law firm community welcoming a new era in the country's history. "Chadbourne attorneys believe this change in government will have a positive effect on the business climate in Ukraine," Chadbourne's Kiev managing partner Jaroslawa Johnson tells The Am Law Daily via email. "Replacing the corrupt Yanukovych regime with a new democratic government will attract much-needed foreign investment." DLA's Kurdydyk notes that the interim government faces "challenging targets" given the country's perilous financial position. The new regime's early steps have included asking the International Monetary Fund for urgent economic assistance. IMF managing director Christine Lagarde, who served as Baker & McKenzie's first female chair from 1999 through 2004, has dispatched a fact-finding team to Kiev to evaluate the country's financial needs; Swiss and Austrian authorities, meanwhile, have moved to freeze Yanukovych's international assets . Baker & McKenzie was the first international firm to open an office in Kiev after the Soviet Union fell in 1989. Serhiy Chorny, who head of the firm’s banking and finance and capital markets practice in the city, also coheads the office there with energy, mining and natural resources partner Serhiy Piontkovsky. Chorny says in an email that Baker & McKenzie has resumed normal business operations following the recent unrest , but was forced for a time to rely on employees working remotely for safety reasons. "Our colleagues are worried [about] the future of the country right now, and the main concern I have heard is the risk of the opposition leaders, now gradually seizing power, failing to meet the expectations of the protesters and people in failing to build a new country based on the respect for human dignity, fairness and law," Chorny writes in his email. "So many people died for this to be achieved." He sounds a patriotic note in offering his personal perspective on the recent events. "We are proud of our people and our country—in many former Soviet countries, people do not believe they can change anything in how their country is run. We Ukrainians can. But this takes victims whom the country mourns these last [few] days." To Chorny and many other Global 100 firm attorneys based in the Ukrainian capital, what has unfolded in the country over the last three months is the product of legitimate protests targeting bribery, the suppression of huma rights and what Chorny calls the "cynicism of those in power, of whom Yanukovych was the symbol." Daniel Bilak, managing partner of CMS Cameron McKenna's Kiev office, echoes that sentiment. "All we want fro the new government is that they stop the stealing," Bilak says. "The country will then stand on its feet very quickly." East vs. West, Dealmaking Caught in the Middle
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