Amid the tension between Russia, the EU and the US over Ukraine international law firms continue keeping themselves busy advising Russian companies on big cases and global transactions.

Yesterday morning a Russian publicly-traded company Eurasia Drilling Company agreed with members of its management team a big merger. The project gathers top lawyers from different international law firm for at least until the end of February when the deal is expected to close.

The size of this merger means that, whilst sanctions might be affecting global trade, there are still opportunities for business and lawyers in Russia.