Panel II:Lessons from the Economic Crisis

Alexander MuranovManaging Partner

Fourth CIS Local Counsel Forum, Kiev25 June 2009

“A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every

difficulty”.

Sir Winston Churchill

2Fourth CIS Local Counsel Forum _ Lessons from the Economic Crisis _ Muranov, Chernyakov & Partners

Some priorities to focus on

Optimization of human resources Cleaning up and developing internal

procedures and infrastructure Establishing interest groups internally to focus

on current client needs Increase level of information exchange

internally and externally Research & Development

3Fourth CIS Local Counsel Forum _ Lessons from the Economic Crisis _ Muranov, Chernyakov & Partners

Examples of what we have done

Human Resources• Partners Promotion: 2 new partners• Lawyers Recruitment• Business Development Director Recruitment

Legal upgrading of business environment• Concept for the development of Moscow as

financial center• Legal Business Sector in Delovaya Rossiya

4Fourth CIS Local Counsel Forum _ Lessons from the Economic Crisis _ Muranov, Chernyakov & Partners

Examples of what we have done (cont.)

Investing in IT infrastructure• Internally: information center• Externally: new website; database of digital

version of all Soviet legal official editions issued before 1991

Logistics: new premises

5Fourth CIS Local Counsel Forum _ Lessons from the Economic Crisis _ Muranov, Chernyakov & Partners

Muranov, Chernyakov & PartnersBld. 6, 23 Denisovsky LaneMoscow, 105005Russian Federation

Tel: +7 495 783 7450 +7 495 795 3279

Fax: +7 495 795 0390Email: office@rospravo.comWebsite: www.rospravo.com

YOUR KEY VANTAGE POINT

Panel II:Lessons from the Economic Crisis

Alexander MuranovManaging Partner