Law Firms Scramble to Keep Pace with Unprecedented Russian Sanctions
International Trade attorney Dariya Golubkova was cited in an ABA Journal article discussing how law firms are handling the uptick in demand from clients trying to navigate compliance with sanctions and trade embargoes against Russia. The constantly changing rules and regulations touch nearly every sector, from manufacturing to technology to finance, and companies have to act quickly to offload assets or break ties with sanctioned individuals and entities. Ms. Golubkova said she has been advising clients with international trade exposure in Russia, Ukraine and Belarus. These clients have to determine not only whether they work with Russian contractors or subcontractors but also how to legally pay for their services.
"It could just be a contractor that lives in Russia and has no connection to any sanctioned entity, any blocked entity, but you have to pay them," she said.