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DEPARTMENT PROFILE

Sorainen

FinTech Legal

2 ranked individualsBand 1LithuaniaFinTech 2022 View ranking table

Chambers Review

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What the team is known for

Sorainen has offices across the Baltics. Whether assisting the development of e-money and payment institutions or helping blockchain and cryptocurrency companies with a range of legal issues, Sorainen is a go-to choice for FinTech work. The firm is a member of the FinTech association INFOBALT and contributes to various legislative matters and initiatives.

Strengths

"They are doing very well in this market. They provide a good perspective."

Work highlights

Advised KogoPay, a subsidiary of Smile Money and Lightnet, on obtaining an e-money institution licence in Lithuania.

Notable practitioners

Augustas Klezys co-heads the finance and insurance team and sector group in Lithuania. Klezys advises FinTech companies on licensing applications with the domestic regulators and in regard to EU directives. A client says he is "a great team leader, very good with clients, calm and measured, and detail-focused."

Tomas Kontautas is the national managing partner and co-head of the finance and insurance team. He has been involved in major recent legislative FinTech initiatives. "Tomas is the man you want to have on your team," says a client, explaining that "he really fights for his clients and finds creative ways to deal with situations on the legal and business side. He really helps the company move forward, and really fights for the client - that's his main quality."

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Ranked Individuals

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

Lithuania

FinTech Legal


Augustas Klezys
Band 1
Tomas Kontautas
Band 1