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Legal 500 Recognises RASK – a Strong Player in the Estonian Legal Market
Legal 500 Recognises RASK – a Strong Player in the Estonian Legal Market
RASK Attorneys-at-Law has been recognised in The Legal 500, the leading international legal directory assessing law firms’ reputation and work quality worldwide.
The rankings are based on client feedback, interviews with industry experts, and a detailed analysis focusing on the team’s legal expertise, complexity of transactions, and business impact.
In this year’s results, RASK stands out for its professionalism, partners’ personal dedication, and strong sector-specific competence, receiving recognition in seven categories.
The rankings are based on client feedback, interviews with industry experts, and a detailed analysis focusing on the team’s legal expertise, complexity of transactions, and business impact.
In this year’s results, RASK stands out for its professionalism, partners’ personal dedication, and strong sector-specific competence, receiving recognition in seven categories.
Banking, Finance and Capital Markets
RASK is a strong choice for investment companies, credit institutions, crowdfunding platforms, and private investors. The firm provides legal services in the field of capital markets, advising clients on raising capital through both equity and debt instruments. RASK has extensive experience with complex syndicated loans, collateral structures, and other financing arrangements, as well as assisting clients in relations with financial supervision and other regulators. The practice is led by Timo Kullerkupp and Karl Erik Esko.
"The practice has been very proactive and supportive. They have given great counsel and worked quickly. They also hold events on interesting topics and are available on the phone and for quick meetings if necessary."
"I have only worked with Timo Kullerkupp. He is incredibly smart, friendly, and affirmative. He’s also very "human", which I really appreciate. He doesn’t view people and situations as just numbers."
"I have only worked with Timo Kullerkupp. He is incredibly smart, friendly, and affirmative. He’s also very "human", which I really appreciate. He doesn’t view people and situations as just numbers."
Corporate and Mergers & Acquisitions
RASK’s Corporate and M&A team is highly regarded among investment funds. In recent years, the focus has been on private and cross-border Baltic real estate transactions and energy sector projects. The team is led by Ramon Rask, Karl-Kristjan Kahm, and Annika Vait, who joined RASK in March 2024. The team has strong cross-sectoral compentence – for example, Timo Kullerkupp’s strong knowledge of the technology and aviation industries.
"RASK's strength lies in the leading partners' expertise and personal engagement. Though RASK has grown remarkably during the past few years, the heads of practice are still very much involved. This personalised approach is something that characterises the whole RASK team."
"Ramon Rask combines his strong expertise and focus on details with a business and deal oriented approach. His advice has the depth and quality that you expect from a partner."
"RASK's strength lies in the leading partners' expertise and personal engagement. Though RASK has grown remarkably during the past few years, the heads of practice are still very much involved. This personalised approach is something that characterises the whole RASK team."
"Ramon Rask combines his strong expertise and focus on details with a business and deal oriented approach. His advice has the depth and quality that you expect from a partner."
Legal 500 Recognises by name: Leading Partners ⭐ – Ramon Rask, Annika Vait, Timo Kullerkupp
Dispute Resolution
RASK’s dispute resolution team is known for its strong litigation experience, particularly in administrative matters, insolvency proceedings and white-collar crime. In 2024, the number of disputes related to energy projects also grew significantly. The team is led by Tarmo Peterson, Ramon Rask, and Villy Lopman. In criminal matters, the key contact is Andrei Svištš.
"RASK has a well-known, strong litigation team on the Estonian market. It is vital for situations where risk emerges."
"Ramon Rask has a strong ability to assess and forecast the outcome of a dispute."
"RASK has a well-known, strong litigation team on the Estonian market. It is vital for situations where risk emerges."
"Ramon Rask has a strong ability to assess and forecast the outcome of a dispute."
Legal 500 Recognises by name: Leading Associate ⭐ – Andrei Svištš
EU and Competition Law
The practice is led by founding partner Tarmo Peterson, whose strength lies in complex disputes, including state aid and unfair competition cases. The team also advises clients on day-to-day competition compliance.
Fintech
RASK’s fintech practice advises both startups and large corporations as well as commercial banks in Estonia. Its expertise covers topics such as blockchain technology, cryptocurrencies, artificial intelligence, crowdfunding, investor relations, and sustainable finance. Building on strong relationships with fund managers and an excellent reputation in the financial sector, Timo Kullerkupp has become a prominent expert in cross-border fintech transactions. The team is co-led by Karl Erik Esko, whose focus is on financing structures and capital raising.
"The practice has been consistently proactive and supportive. Their team offers excellent counsel, works efficiently, and actively seeks feedback. They also host events on interesting topics and are easily reachable for phone consultations or quick meetings when needed."
"I have only worked with Timo Kullerkupp. He is incredibly smart, friendly, and affirmative. He’s also very "human", which I appreciate. He doesn’t view people and situations as just numbers."
"The practice has been consistently proactive and supportive. Their team offers excellent counsel, works efficiently, and actively seeks feedback. They also host events on interesting topics and are easily reachable for phone consultations or quick meetings when needed."
"I have only worked with Timo Kullerkupp. He is incredibly smart, friendly, and affirmative. He’s also very "human", which I appreciate. He doesn’t view people and situations as just numbers."
Legal 500 Recognises by name: Hall of Fame ⭐ – Timo Kullerkupp
Leading Associate ⭐ – Karl Erik Esko
Leading Associate ⭐ – Karl Erik Esko
Intellectual Property, IT and Telecommunications
RASK’s ability to “handle complex international matters” receives praise from clients, particularly in cross-border transactions in the technology sector. The practice covers IP regulatory issues and sector-specific IT advisory. The practice is led by Timo Kullerkupp and Karl Erik Esko, who advise on business models involving innovative IT platforms and blockchain technologies.
Kai Villemson is also recognised as a sought-after specialist in technology matters.
"Accessible. Lots of experience."
"What makes RASK stand out is how they manage to work fast without skipping any important details. As a startup, timing is everything, and they made sure things moved forward efficiently. Potential clients should know that RASK is great at handling complex international issues, and their strong communication skills make working with them really easy."
Kai Villemson is also recognised as a sought-after specialist in technology matters.
"Accessible. Lots of experience."
"What makes RASK stand out is how they manage to work fast without skipping any important details. As a startup, timing is everything, and they made sure things moved forward efficiently. Potential clients should know that RASK is great at handling complex international issues, and their strong communication skills make working with them really easy."
Construction and Real Estate
One client describes RASK as “one of the most competent real estate law teams in Estonia.” The strong, motivated, and highly qualified team advises leading Estonian real estate and construction companies as well as investment funds on real estate and construction transactions. The practice is led by the firm’s founder Ramon Rask and Marina Lapidus, who brings extensive experience in the construction sector and is a key adviser in specialised construction law matters.
"RASK has one of the most qualified real estate teams in Estonia. Ramon Rask runs the team, with extensive experience in development, construction, drafting contracts and litigation. Marina Lapidus, Karl-Krisjan Kahm and Ken Kaarel Gross can take on whatever challenges we may face in the field of real estate/construction. Strong, motivated and well-qualified team."
"Ramon Rask, Marina Lapidus and Karl-Kristjan Kahm are all experienced and yet highly motivated individuals. The hunger for overcoming challenges which they possess is excellent."
"RASK has one of the most qualified real estate teams in Estonia. Ramon Rask runs the team, with extensive experience in development, construction, drafting contracts and litigation. Marina Lapidus, Karl-Krisjan Kahm and Ken Kaarel Gross can take on whatever challenges we may face in the field of real estate/construction. Strong, motivated and well-qualified team."
"Ramon Rask, Marina Lapidus and Karl-Kristjan Kahm are all experienced and yet highly motivated individuals. The hunger for overcoming challenges which they possess is excellent."
Shipping and Transport
RASK plays a prominent role in handling passenger claims in the aviation sector. The firm advises airlines and various financial institutions on aircraft licensing and financing matters. The practice is led by Timo Kullerkupp, who advises clients on aircraft purchase and leasing issues. Kai Villemson has long-standing experience in aviation transactions and licensing.
"Kai Villemson consistently demonstrates exceptional expertise and dedication, providing high-quality legal support every time. Her reliability and clear communication have been key to the success of our collaboration."
"They have market knowledge, qualified lawyers and up to date knowledge of transactions."
"Kai Villemson consistently demonstrates exceptional expertise and dedication, providing high-quality legal support every time. Her reliability and clear communication have been key to the success of our collaboration."
"They have market knowledge, qualified lawyers and up to date knowledge of transactions."
Tax
RASK’s experienced tax advisers aim to provide clear and ready-to-implement solutions based on years of tested practical knowledge. The team’s success is measured not only by court victories but also by settlements reached before a court dispute through successful negotiations with the tax authorities. The tax practice is led by Villy Lopman, who has practised tax law for over 15 years and previously served as the Head of the Legal Department at the Estonian Tax and Customs Board.
"The team has dedicated experts and I am happy to work with them."
"The team that works on our case is top notch. They are quick to reply, answer questions, and explain things in detail. They are eager to find solutions."
Legal 500 Recognises by name: Next Generation Partner ⭐ – Villy Lopman
If you are looking for a partner whose advice combines technical precision, business understanding, and a human approach – RASK is the name to consider.
"The team has dedicated experts and I am happy to work with them."
"The team that works on our case is top notch. They are quick to reply, answer questions, and explain things in detail. They are eager to find solutions."
Legal 500 Recognises by name: Next Generation Partner ⭐ – Villy Lopman
If you are looking for a partner whose advice combines technical precision, business understanding, and a human approach – RASK is the name to consider.