In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. This time around we turn our attention to setting up new practices and ask: When launching a new practice, what is your go-to strategy – do you look at internal team members to spearhead it, or are you more likely to turn to lateral hires? Why?

In a constantly changing economy, companies often face the need to adjust their workforce, sometimes resorting to drastic measures such as the collective dismissal process. According to Romanian labor legislation, the process of collective dismissal entails following a rather laborious procedure, aiming to protect both employers and employees in order to prevent abuses and ensure a smoother transition in restructuring situations.

PwC’s Romanian affiliate D&B David and Baias has advised the FAN Courier shareholders on the acquisition of a 60% stake in Marian’s Trading, a customs brokerage company.

Vlasceanu & Partners has advised Econergy on winning a photovoltaic contract-for-difference auction.

Stratulat Albulescu has advised Catalyst Romania Fund II on leading a EUR 5 million investment round for DotLumen, with the participation of the European Innovation Council Fund, Tigrim Capital, and SeedBlink. Magureanu, Bourdenet & Associates advised DotLumen. Wolf Theiss reportedly advised the European Innovation Council.

Suciu Partners, working alongside Hogan Lovells, has advised BWX Technologies on the acquisition of Kinectrics.

Filip & Company has advised PayPoint Services and its sole shareholder Star Payments on a financial debt restructuring process by contracting a syndicated loan from UniCredit Bank and the European Bank for Reconstruction and Development.

Bogdan Cordos has been promoted to Partner at RTPR.

Popescu & Associatii has promoted Adina Vlaicu, Andreea Mihalache, and Mirel Radescu to Partner.

Tuca Zbarcea & Asociatii has promoted Serban Paslaru to Equity Partner.

Wolf Theiss has advised Nokian Tyres on a virtual power purchase agreement with Enery. Schoenherr advised Enery.

Former BRD - Groupe Societe Generale Deputy CEO and Head of Legal & Administrative Mihai Selegean has joined Rizoiu & Asociatii as Of Counsel and the firm’s new Head of Financial and Banking Law practice.

Filip & Company has advised Credit Europe Bank Romania on a cross-border merger by absorption into Credit Europe Bank.

Former Schoenherr Managing Attorney at Law Andrei Muresan has joined the Tiriac Group as its new Head of Legal - Special Projects.

Madalina Fildan-Raileanu, Ana Atanasiu, Oana Bucsa, and Alexandra Ionita have joined the partnership ranks at PeliPartners.

Former Stratulat Albulescu Partner Adriana Dobre has joined the EY Law Romania affiliate Bancila Diaconu si Asociatii as Partner.

Nyerges & Partners has advised R.Power Renewables on participating in Romania’s first Contracts for Difference auction, securing CfD contracts for five photovoltaic projects with a combined capacity of 85 megawatts.

Rizoiu & Poenaru has announced the firm is splitting into Rizoiu & Asociatii and Poenaru Legal.