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RASK Attorneys-at-Law has been recognised in The Legal 500, a leading international legal directory that evaluates law firms based on their reputation and quality of work worldwide.

The rankings are determined through a combination of client feedback, interviews with industry experts, and in-depth analysis of factors such as legal expertise, the complexity of matters handled, and overall business impact.

In this year’s results, RASK is noted for its high level of professionalism, the dedication of its partners, and its strong sector-specific expertise, earning recognition in nine practice areas. Clients particularly emphasise the firm’s reliable, solution-oriented approach, responsiveness, and practical advice across a wide range of legal matters.

In addition, in January 2026, RASK joined the international law firm network Interlaw as its first strategic partner in the Baltic States. Recognised by Chambers and Partners as an Elite network, Interlaw enables RASK to support clients seamlessly across jurisdictions worldwide.

Banking, Finance and Capital Markets

With an excellent reputation in the Estonian legal market for structured finance and securitisation-related regulatory matters, RASK Attorneys-at-Law has a highly experienced capital markets team. The practice regularly advises on complex financing transactions, including capital raising mandates, and is also active in the fintech sector. Practice co-head Karl Erik Esko, who also co-leads the firm’s fintech department, advises fintech service providers on regulatory and transactional matters. He co-heads the practice together with Timo Kullerkupp.

„The team of RASK can always be relied upon. You can be sure that each time you ask them to do something, it will be done impeccably, on time, and without further ado. We very much like their strictly down-to-business attitude and reliability."

„In particular, Karl Erik Esko is an exceptionally empathetic and solution-oriented advisor – always quick to react when needed and seemingly never asleep when a project requires immediate attention. Ramon Rask and Timo Kullerkupp are both exceptionally competent and trusted professionals whose experience and strategic mindset add great value to any transaction. Ramon’s broad perspective and calm authority ensure that even the most complex issues are handled efficiently, while Timo’s precision, responsiveness, and structured approach make him a reliable partner in demanding capital markets and financing projects. Together with Karl Erik Esko, they form a well-balanced and highly capable team that consistently delivers results."

Commercial, Corporate and M&A  

RASK’s team is recognised for its ability to provide comprehensive legal support in relation to corporate transactions across key sectors such as financial services, energy, construction and real estate. The practice is led by Ramon Rask, Annika Vait, and Karl-Kristjan Kahm. Partner Timo Kullerkupp is highly regarded for his expertise in handling M&A deals.

„Very good cooperation experience. All questions receive very substantive solutions in an optimal time frame. The client feels that all specialists are very quick to adapt to cases and that they always give their maximum effort. The office always involves the most competent specialists. Highly reliable cooperation and high-quality input are always guaranteed."

„I have had the opportunity to work most closely with Annika Vait from RASK. Annika stands out as both warm and highly professional, creating an environment where even complex and challenging matters can be addressed with clarity and confidence. Working with her, one always feels supported and guided with great competence. What sets Annika apart is not only her professional excellence but also her broader contribution beyond client work. She actively engages in raising important topics in society. For example, she played a key role at the largest sustainability conference in the Baltics and Nordics, Impact Day, where she moderated a high-level panel with top Estonian executives on ESG matters. This combination of strong professional skills, a personable approach, and a willingness to contribute to wider societal discussions makes Annika unique and greatly valued."

Legal 500 Recognises by name: Leading partners ⭐– Ramon Rask, Annika Vait, Timo Kullerkupp

Dispute Resolution  

RASK Attorneys-at-Law has a strong track record in handling administrative, bankruptcy, and intellectual property disputes. The team is particularly noted for its growing involvement in disputes related to energy sector projects, reflecting broader market developments. The practice is led by Ramon Rask, Tarmo Peterson and Villy Lopman, who notably, “brings deep understanding of tax law”.  Other key practitioners include Andrei Svištš, who specialises in construction litigation, insolvency disputes and high-profile criminal proceedings.

„The practice stands out for its excellent responsiveness and deep expertise in the fields it handles. The team is consistently quick to reply and communicates in a timely and efficient manner, which allows us to stay on top of matters without unnecessary delays. The team’s professionalism and thorough knowledge of the law provide us with a strong sense of trust that it can handle complex issues with competence and precision."

„Expertise, vision, and dedication."

Legal 500 Recognises by name: Leading associates ⭐ – Andrei Svištš

EU and Competition  

RASK’s EU and competition team combines strong regulatory expertise with practical litigation experience. While the team is widely recognised for its work in state aid analysis, it is equally capable of representing clients in related disputes, including complex abuse of dominance cases. The practice is led by Tarmo Peterson, who advises on a broad range of EU law and state aid compliance matters.

"Annika Vait conducts a critical and constructive analysis at both Estonian and EU legislative levels."

Fintech  

RASK has established itself as a trusted advisor in the rapidly evolving fintech sector, with particular strength in blockchain technologies and digital assets. The team regularly advises technology companies, financial institutions and fund managers on licensing agreements and financing transactions. The practice is led by Timo Kullerkupp and Karl Erik Esko, both of whom are highly regarded for their expertise in fintech and financing matters.

„Timo Kullerkupp stands out for a down to earth approach, quick reactions, and a 'no unnecessary ado' approach."

Legal 500 Recognises by name: Hall of Fame ⭐ – Timo Kullerkupp

Leading associates ⭐ – Karl Erik Esko

Intellectual Property, IT and Telecommunications

RASK has a strong footprint in the technology sector, offering integrated advice across intellectual property, IT and telecommunications matters. Operating within the firm’s broader technology practice, the team supports clients in areas such as blockchain development, IT platforms and software licensing. The practice is led by Timo Kullerkupp and Karl Erik Esko, with key contributions from Kai Villemson, who frequently advises technology start-ups, and Ken Kaarel Gross, who assists clients with contractual matters.

„The team is diverse, and there is always someone available for very specific needs."

„Timo Kullerkupp is a multi-talented lawyer."

Real Estate and Construction  

RASK provides end-to-end legal support across the full lifecycle of real estate and construction projects, from development and financing to dispute resolution. The team is particularly valued for its ability to combine legal precision with commercial insight in complex and large-scale projects, often concerning commercial real estate acquisitions The practice is led by Ramon Rask and Marina Lapidus, with Karl-Kristjan Kahm contributing his expertise on high-value real estate transactions.  

„The presence of people like Ramon Rask provides trust and gravitas."

„The real estate and construction team stands out for its depth of expertise and practical approach. Marina Lapidus is a trusted advisor in complex transactions and development projects, known for her precision and commercial insight. Ramon Rask brings strategic oversight and unmatched experience in high-stakes construction disputes and contract negotiations."

Shipping and Transport  

RASK is recognised for its strong aviation expertise, advising both passengers and industry players, including aircraft operators and financing companies. The team handles a wide range of matters, from licensing cases to complex financing and regulatory matters. The practice is led by Timo Kullerkupp, with Tarmo Peterson focusing on bankruptcy-related matters, and supported by key practitioners Mikk Ilves and Kai Villemson.

„Kai Villemson and Mikk Ilves have been invaluable throughout our collaboration, consistently combine deep legal knowledge with a pragmatic, solution-oriented approach. Their responsiveness and reliability have given us full confidence in every engagement, ensuring we always felt well supported and expertly guided."

„The team is energetic, agile and can deliver exactly what is required."

Tax

RASK’s tax practice is best known for its strength in handling complex tax disputes and criminal tax investigations, including cross-border matters and alleged tax offences. In addition to contentious work, the team provides strategic day-to-day tax advice on issues such as transfer pricing and regulatory compliance. The practice is led by Villy Lopman, who is widely recognised for his expertise in tax law.

„We would particularly highlight Villy Lopman, who is undoubtedly one of the leading experts in tax law in Estonia for us."

„Villy Lopman combines profound technical knowledge with a clear and structured way of advising."

Legal 500 Recognises by name: Next Generation Partners ⭐ – Villy Lopman

If you are looking for a law firm that combines technical excellence with strong commercial insight and a client-focused approach, RASK Attorneys-at-Law is a trusted choice.