We sealed the investment round in a professional manner and even the representative of our counterpart was complimentary regarding the work carried out by Fondia’s expert. He managed the task in a constructive manner, focussing on solutions and he maintained an openminded approach throughout the process. We succeeded in getting really good terms and the investor was also happy with the outcome.
At a later point our own internal lawyer left us and we pondered whether to hire someone new or to buy services. We do have a lot of work with our contracts with clients and our expanding international business. However, we decided to go for Fondia’s Legal Department Service. We simply estimated how much work we thought there would be and we then received a team that matched our needs.
On the face of things, the services provided by Fondia appear to be rather expensive. However, this is the legal sector and if we were to purchase such expertise on an hourly basis then it would definitely cost a lot more. When the level of need is at a certain point then this is definitely a good arrangement.
It is easy to work with Fondia which also coordinates external lawyers from abroad with whom we sometimes need to work. All aspects of our business are therefore managed from the same place. Fondia can be in direct contact with our client and our administration personnel can contact Fondia directly.
With his considerable experience, our lawyer at Fondia has successfully resolved challenges we have faced in Russia with big corporations and shown great ability. If I get a message from our Fondia contact regarding a contract that is ready to be signed, I feel confident that it is in order.
Our collaboration has been really smooth. I handle most matters by email with our contact person. The legal department is a good example of the service provided by Fondia. I know who I am dealing with and it is like they are working inhouse even if they are not sitting here at our premises. The situation resembles having people working for you abroad, which I have experienced a lot over the last five years.
Through working with Fondia, I have found that the quality and speed of legal services has improved significantly for us. If I am in a hurry with something, the matter is resolved at the latest the next day. In many cases it is completed the very same day and nothing is left unfinished. In the meantime, our invoicing speed has improved successfully. It makes a big impact for our business to get the money in our account at a faster pace. For example, no Russian client would ever transfer money abroad without having a signed contract. Therefore, it really is vital to get the contract through.