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Rankings published in 2026
Banking and finance
Tier 1
15 firms ranked
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Tier 1

Cobalt
7 practice areas
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Ellex Valiunas
7 practice areas
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Sorainen
8 practice areas
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TEGOS
8 practice areas
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Walless
8 practice areas
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Tier 2

Glimstedt
6 practice areas
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Noewe Legal
5 practice areas
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Tier 3

Eversheds Saladžius
8 practice areas
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Šenavičius & Partners Response
8 practice areas
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Notable

Ecovis ProventusLaw
4 practice areas
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Fort
6 practice areas
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Leadell Balčiūnas & Grajauskas
5 practice areas
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PwC Legal
5 practice areas
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Teset
3 practice areas
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WIDEN
7 practice areas
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Capital markets
Tier 2
9 firms ranked
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Tier 1

Ellex Valiunas
7 practice areas
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Sorainen
8 practice areas
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TEGOS
8 practice areas
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Walless
8 practice areas
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Tier 2

Cobalt
7 practice areas
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Tier 3

Triniti Jurex
7 practice areas
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Notable

Eversheds Saladžius
8 practice areas
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Noor
5 practice areas
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Šenavičius & Partners Response
8 practice areas
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Financial services regulatory
Tier 2
18 firms ranked
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Tier 1

Ellex Valiunas
7 practice areas
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Sorainen
8 practice areas
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TEGOS
8 practice areas
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Walless
8 practice areas
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Tier 2

Cobalt
7 practice areas
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Ecovis ProventusLaw
4 practice areas
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Noewe Legal
5 practice areas
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Šenavičius & Partners Response
8 practice areas
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Tier 3

Eversheds Saladžius
8 practice areas
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Glimstedt
6 practice areas
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Teset
3 practice areas
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Triniti Jurex
7 practice areas
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WIDEN
7 practice areas
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Notable

Deloitte Legal
4 practice areas
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Elegant Solution
3 practice areas
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Fort
6 practice areas
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Motieka & Audzevičius
7 practice areas
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PwC Legal
5 practice areas
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M&A
Tier 1
20 firms ranked
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Tier 1

Cobalt
7 practice areas
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Ellex Valiunas
7 practice areas
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Sorainen
8 practice areas
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TEGOS
8 practice areas
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Walless
8 practice areas
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Tier 2

Glimstedt
6 practice areas
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Motieka & Audzevičius
7 practice areas
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Noewe Legal
5 practice areas
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Tier 3

PwC Legal
5 practice areas
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Tier 4

Deloitte Legal
4 practice areas
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Ecovis ProventusLaw
4 practice areas
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Eversheds Saladžius
8 practice areas
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Fort
6 practice areas
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Leadell Balčiūnas & Grajauskas
5 practice areas
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Triniti Jurex
7 practice areas
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WIDEN
7 practice areas
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Notable

Elegant Solution
3 practice areas
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Marger Law Firm
1 practice area
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Noor
5 practice areas
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Šenavičius & Partners Response
8 practice areas
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Project development
Tier 1
13 firms ranked
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Tier 1

Cobalt
7 practice areas
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Ellex Valiunas
7 practice areas
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Sorainen
8 practice areas
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TEGOS
8 practice areas
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Walless
8 practice areas
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Tier 2

Leadell Balčiūnas & Grajauskas
5 practice areas
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Tier 3

Eversheds Saladžius
8 practice areas
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Glimstedt
6 practice areas
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Noewe Legal
5 practice areas
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Triniti Jurex
7 practice areas
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Notable

Noor
5 practice areas
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PwC Legal
5 practice areas
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WIDEN
7 practice areas
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Linked Reviews
Financial and corporate

Pan-Baltic firm Cobalt established has an office in Vilnius. It also has branches in Latvia and Lithuania and employs more than 200 lawyers in total.

 

Focusses / specialisms

The firm has experience in advising mainly foreign clients in banking, corporate and M&A, and in project development practice areas.

In banking and finance, it has a track-record of advising international lenders, borrowers and institutional investors on cross-border transactions. 

In corporate and M&A it represents mostly international investors in their roles of buyers and sellers in mergers, acquisitions and corporate restructurings in various industries.

In project development the firm advises foreign investors and developers. 

12 results12 results
Deal Highlights
56 results56 results
Deal Name Deal Date Firm Name Jurisdiction Deal Type Lawyer Names Client Names Client Role
Lithuanian Railways - Project development
2021-02-25
Cobalt
Lithuania
Project development
Simona Oliškevičiūtė-Cicėnienė
Lithuanian Railways
Project developer
BaltCap Infrastructure Fund - Project development
2020-01-01
Cobalt
Lithuania
Project development
Simona Oliškevičiūtė-Cicėnienė
BaltCap Infrastructure Fund
Sponsor
BaltCap Infrastructure Fund - Project development
2020-08-01
Cobalt
Lithuania
Project development
Simona Oliškevičiūtė-Cicėnienė
BaltCap Infrastructure Fund
Sponsor
E-energia - Project development
2021-02-25
Cobalt
Lithuania
Project development
Paulius Markovas
E-energia
Project developer
UAB Kedainiai Free Economic Zone - Project development
2020-01-07
Cobalt
Lithuania
Project development
Aušrys Šliavas
UAB Kedainiai Free Economic Zone
Project developer
European Bank for Reconstruction and Development; Swedbank; Citadele Banka - Financing
2020-01-07
Cobalt
Lithuania
Financing
Eva Suduiko
European Bank for Reconstruction and Development, Swedbank, Citadele Banka
Lender
Genesis - Joint venture
2021-01-01
Cobalt
Lithuania
Joint venture
Akvilė Bosaitė
Genesis
Joint venture partner
SEB AB; Public Investment Development Agency - Project finance
2020-01-10
Cobalt
Lithuania
Project finance
Eva Suduiko
SEB AB, Public Investment Development Agency
Lender
Nordic Investment Bank - Financing
2020-01-04
Cobalt
Lithuania
Financing
Eva Suduiko
Nordic Investment Bank
Lender
Practica Capital - Fund raising
2020-10-01
Cobalt
Lithuania
Fund raising
Eva Suduiko
Practica Capital
Fund manager
Jellybean Paint; Expressair Aviation; UAB MAAS Aviation - Financing
2020-01-01
Cobalt
Lithuania
Financing
Eva Suduiko
Jellybean Paint, Expressair Aviation, UAB MAAS Aviation
Borrower
Nefco - Financing
2020-01-10
Cobalt
Lithuania
Financing
Eva Suduiko
Nefco
Lender
Lithuanian Railways - Restructuring
2020-01-10
Cobalt
Lithuania
Restructuring
Dr Juozas Rimas
Lithuanian Railways
Debtor
Parkdema - Bond issue
2020-01-01
Cobalt
Lithuania
Bond issue
Eva Suduiko
Parkdema
Issuer
ME Investicija - Bond issue
2021-06-30
Cobalt
Lithuania
Bond issue
Elijus Burgis, Eva Suduiko
ME Investicija
Initial purchaser
Luminor Bank AS - Bond issue
Cobalt
Lithuania
Bond issue
Eva Suduiko
Luminor Bank AS
Issuer
UAB Apotheca Vaistinė - M&A
Cobalt
Lithuania
M&A
Juozas Rimas
UAB Apotheca Vaistinė
Seller
Peranto OU - M&A
2021-06-17
Cobalt
Lithuania
M&A
Dr Irmantas Norkus
Peranto OU
Seller
Drivitty - M&A
2021-04-13
Cobalt
Lithuania
M&A
Elijus Burgis
Drivitty
Merger party
Aviva plc - M&A
2021-12-02
Cobalt
Lithuania
M&A
Juozas Rimas, Akvilė Bosaitė
Aviva plc
Seller
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ESG
Lauris Liepa, managing partner at Baltic firm Cobalt, reflects on his journey in advocating for LGBTQ+ rights and the successes on the way
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