Egorov Puginsky Afanasiev & Partners has been in existence in various forms of incorporation since 1993.
In the mid-1990s major western corporations began entering the post-Soviet market. It is no surprise that the Firm's first clients were international investors and foreign law firms representing investors in Russia. These clients needed competent legal advice with respect to Russian law from attorneys knowing the realities of the Russian market and how this emerging market might fit into an international framework.
Since the late 1990s, the Firm has been actively involved in the economic developments taking place in Russia. In particular, we repeatedly defended the rights and interests of various businesses from attempted hostile takeovers and asserted the rights of shareholders against illegal asset-stripping. The Firm's attorneys represented their clients in major corporate conflicts of the time and deservedly earned the title of the "Leading Law Firm in Defense Against Hostile Takeovers and Corporate Raids in the Russian Market" conferred by M&A magazine (Russia).
As Russian companies were gaining momentum in the 2000s, Egorov Puginsky Afanasiev & Partners took an active part in the global expansion of Russian business, representing major Russian companies internationally. We used our unique understanding of the Russian clients, on the one hand, and our international experience, on the other.
In response to our clients' growing international ambitions and needs, in the autumn of 2007 we held an opening ceremony of an associated office in London, Egorov Puginsky Afanasiev & Partners LLP. Located in the City of London, the office neighbours the world's major international law firms and investment banks. The associated office of Egorov Puginsky Afanasiev & Partners has become an important venue for liaising with the UK legal community in managing international projects for the firm's Russian clients, and an important link in advising UK, Continental Europe and US law firms on Russian law matters.
In 2008 Egorov Puginsky Afanasiev & Partners became the first Russian law firm to win Chambers Europe Awards for Excellence as The Russian Law Firm of the Year, which paved the way for a series of prestigious international awards later conferred on the Firm, making it the leading law firm in Russia.
In 2011 Egorov Puginsky Afanasiev & Partners announced its merger with international law firm Magisters, making the new entity the largest in terms of its team and practices in Russia and the CIS, with a strong international outreach.