East Legal Team
Different legal environments. One approach. One practice.
East Legal Team – European Economic Interest Grouping (ELT) is an alliance of independent law firms from the Central and Eastern European region with the main purpose of providing their clients a wealth of advantages arising from our interdisciplinary professional cooperation, as well as from their ability to provide unified services at regional level.
East Legal Team EEIG was established in March 2008 by founding members Balazs & Hollo Law Firm and Stratula Mocanu & Asociatii and is subject to the provisions of Council Regulation (EEC) No 2137/85 of 25 July 1985 on the European Economic Interest Grouping. Over the years, new law firms have become part of our alliance, and since 2014 ELT has its seat in Bucharest, Romania. It covers the area of the following Central and Eastern European countries:
- Austria (observer)
- Bulgaria (founding member)
- Cyprus (founding member)
- Czech Republic
- Hungary (founding member)
- Poland (founding member)
- Romania (founding member)
- Russian Federation
- Slovenia (founding member)
In addition to the directly covered countries by its Statutes, ELT also welcomes any law firms who want to join us as associate members or observers and who share our values and principles and want to be professionally active in the ELT’s region, be it from Europe, the USA, or from any other corner of the world. Our current observers come from Austria and Italy.
All current ELT members are business law firms with a remarkable reputation in their countries of origin, sharing not only sound ethical values and principles but also a rich, business oriented legal practice as their main business card.
ELT aims to provide at an international level the same top quality and integrated legal services each of the members offers in its home jurisdiction, both to international clients who seek to enter the region, as well to those who want to expand their already existent business to more than one country in this area.
On a business market under continuous expansion and intensification, mainly due to the accession to the European Union of the countries in the region, ELT aims to reconcile the paradox most investors face when, although they act on highly similar business markets, they are at the same time subject to considerably differentiated legal systems.
Thanks to the cohesion and unified practice among the ELT members, our clients are kept safe from the many encumbrances usually faced when entering a new market, thus being able to better and more profitably pursue their business pursuits.