Skrastiņš & Dzenis

What Skrastiņš & Dzenis does

Skrastiņš & Dzenis is a Latvian full-service business law firm headquartered in Riga, founded in 2001 and operating as a private limited liability company (SIA "ZAB Skrastiņš un Dzenis"). The firm serves enterprise and mid-market clients, both domestic and international, across eight practice areas: Dispute Resolution, Corporate and M&A, Regulatory & Antitrust, Banking and Finance, Fintech, GDPR Compliance and AML, Public Procurement, and Real Estate and Construction. Its client base spans financial institutions (including PNB Banka, Vienna Insurance Group, OP Financial Group, former Parex Banka owners), industrial and logistics companies, retail brands, and public-sector clients such as the European Bank for Reconstruction and Development. The firm has handled matters up to €70 million in value, including LCIA, ICSID, and DIS arbitration proceedings, and is recognized by Legal 500, Chambers and Partners, IFLR 1000, and Global Arbitration Review as a leading arbitration practice in the Baltic and CIS countries.

The firm operates on an engagement-based professional services model, billing clients per mandate rather than via recurring subscriptions. Its competitive position rests on partner-level talent, a long track record in complex cross-border matters, and a multi-jurisdiction delivery infrastructure: it is a member of the Globalaw network (86 jurisdictions) and maintains pan-Baltic partnerships with top-tier firms in Estonia (TARK) and Lithuania (Motieka & Audzevičius), allowing it to staff multi-country mandates without organic headcount expansion. The partnership structure is private, with no institutional or PE ownership identified.

Operationally, the firm combines four partners (Verners Skrastiņš as Senior Partner, Aivis Dzenis as Senior Partner, Andrejs Guļajevs, and Vigo Krastiņš) with certified advocates, associates, jurists, and administrative staff. Technology adoption is limited to standard legal-practice tooling; no proprietary technology platform, AI product, or API offering exists. Marketing is referral-driven and amplified by directory recognition and case-study publication, with no traditional advertising or growth-stage GTM motions apparent.

Name

Skrastiņš & Dzenis

Legal name

SIA "ZAB Skrastiņš un Dzenis"

Website

https://skdz.lv

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Skrastiņš & Dzenis is a Riga-based Latvian full-service business law firm, founded in 2001, serving enterprise and mid-market clients across dispute resolution, M&A, regulatory, banking, fintech, and real estate matters via engagement-based billing and pan-Baltic alliances.

Ownership category

akta.pro rank

Product category

Legal Services

NAICS

Offices of Lawyers (541110), Offices of Lawyers (54111), All Other Legal Services (541199)

SIC

Services-Legal Services (8111)

akta.pro primary industry

Mergers & Acquisitions (M&A) & Securities Law (BPAHAAAI)

akta.pro secondary industries

Financial Crime, AML/CFT & Sanctions Compliance (BPAHAFAE), Transaction Tax Structuring & Deal Advisory (BPAHAOAJ)

Keywords

• Commercial legal services
• Dispute resolution law
• Corporate mergers acquisitions
• Banking finance law
• Real estate construction law

Headquarters

HQ city

Riga

HQ country

Latvia

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Professional Legal Services: The firm generates revenue through billing clients for professional legal services, including dispute resolution, corporate/M&A, regulatory compliance, banking/finance, fintech, GDPR/AML, public procurement, and real estate/construction matters. Revenue appears to be project/engagement-based rather than recurring.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Skrastiņš & Dzenis is a full-service Latvian law firm founded in 2001 providing legal representation and counsel in dispute resolution, corporate and M&A, regulatory and antitrust, banking and finance, fintech, GDPR compliance and AML, public procurement, and real estate and construction matters. The firm serves foreign and local enterprise and mid-market clients requiring comprehensive legal services across multiple practice areas and industries.

Product overview

Skrastiņš & Dzenis is a full-service law firm offering legal services across multiple practice areas. Their portfolio includes Dispute Resolution, Corporate and M&A, Regulatory & Antitrust, Banking and Finance, Fintech, GDPR Compliance and AML, and Public Procurement. The firm also serves clients across various industries including Retail and Consumer, Energy and Infrastructure, Financial services, Leisure and Entertainment, Real estate and Construction, Manufacturing, Aviation, and Agriculture. This is not a technology product company but a professional services firm.

Differentiator

Problem solved

Functional benefit

Products and services

• Dispute Resolution Comprehensive legal representation and counsel in civil, commercial, administrative, and criminal dispute resolution proceedings, including litigation in all court instances and arbitration procedures (LCIA, ICSID, DIS). For enterprise and mid-market clients requiring domestic and international arbitration and litigation representation.
• Corporate and M&A Legal services for mergers and acquisitions transactions, corporate governance, share purchases, and business restructuring. For enterprise clients undertaking corporate transactions, M&A deals, and governance matters in Latvia and the Baltic region.
• Regulatory & Antitrust Legal counsel on regulatory compliance and competition law matters, including merger clearance and representation in disputes with competition authorities such as the Latvian Competition Council. For enterprise clients navigating EU and Latvian regulatory frameworks.
• Banking and Finance Legal services for banking transactions, financial services regulation, and debt recovery matters. For financial institutions, banks, and corporate clients requiring legal counsel on banking and finance matters in Latvia.
• Fintech Specialized legal services for fintech companies and financial technology solutions. For fintech companies, financial institutions, and technology firms requiring regulatory and transactional legal counsel in the Latvian market.
• GDPR Compliance and AML Legal assistance with General Data Protection Regulation (GDPR) compliance and anti-money laundering (AML) requirements. For enterprise clients requiring data protection compliance and AML regulatory advisory services.
• Public Procurement Legal services related to public procurement procedures and related disputes. For enterprise clients bidding on or participating in public procurement processes in Latvia.
• Real Estate and Construction Legal services for real estate transactions, construction projects, and property rights matters. For enterprise clients, investors, and developers engaged in real estate and construction activities in Latvia.

Quantifiable outcome

• Represented insolvent PNB Banka in five multimillion arbitration proceedings at LCIA
• +3 more outcomes

Named customers14 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• GlobalawcoreStrategic or Co-development Partner · 1 January 2008Joined the Globalaw network of leading law firms in 86 jurisdictions worldwide, providing significant advantage when representing clients in multinational transactions and projects.
• Pan-Baltic PartnershipcoreStrategic or Co-development Partner · 1 January 2007Created a pan-Baltic partnership with top-tier law firms in each of the Baltic states (Latvia, Lithuania, Estonia), enabling fuller service for cross-border clients in a wider area of practices.
• Legal Solutions Partners (Bulgaria)minorStrategic or Co-development PartnerCooperated with Bulgarian law firm Legal Solutions Partners on EBRD energy performance contracting project for Latvian public sector facilities. Drafted template document package for energy efficiency investments.
• Motieka & Audzevicius (Lithuania)minorStrategic or Co-development PartnerCooperated with Lithuanian colleagues from Motieka & Audzevicius to represent a client before the German Arbitration Institute (DIS) in a construction development dispute.
• TARK (Estonia)coreStrategic or Co-development PartnerProject led by Estonian law office TARK with Baltic partners Skrastiņš & Dzenis (Latvia) and Motieka & Audzevicius (Lithuania) for Vienna Insurance Group's acquisition of Seesam Insurance.

Scale indicators6 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Sorainen: Pan-Baltic law firm (Latvia, Lithuania, Estonia) offering corporate/M&A, dispute resolution, banking/finance, and regulatory practices. Direct peer as a full-service Baltic business law firm of larger scale competing for the same cross-border mandates.
• Ellex: Leading Baltic law firm with offices across Latvia, Lithuania, and Estonia, providing corporate, dispute resolution, and regulatory services. Direct peer competing for premium Baltic mandates and recognized by the same legal directories.
• Eversheds Sutherland Bitāns: Latvian arm of global law firm Eversheds Sutherland, providing full-service corporate and dispute resolution services in Riga. Direct peer with global network backing competing for premium Latvian mandates.
• Magnusson (Latvia): International law firm with Baltic presence offering corporate/M&A and dispute resolution services. Direct peer competing for cross-border mandates with similar boutique positioning.
• Motieka & Audzevičius: Leading Lithuanian dispute resolution and corporate law firm, and Skrastiņš & Dzenis's pan-Baltic partner. Direct peer that cooperates on cross-border matters (e.g., DIS arbitration) and competes for the same regional mandates.
• TARK (Estonia): Top-tier Estonian law firm and Skrastiņš & Dzenis's pan-Baltic partner, providing full-service legal services with similar reputation in Estonia. Direct peer and explicit partner in cross-border Baltic mandates (e.g., Vienna Insurance Group/Seesam).
• Cobalt Legal: Top-tier Baltic law firm operating across the Baltics with strong corporate/M&A and dispute resolution practices. Direct peer competing for the same enterprise and cross-border mandates in the region.
• Walless (formerly Baltic Attorneys): Baltic law firm with Latvian, Lithuanian, and Estonian presence offering corporate/M&A, real estate, and dispute resolution services. Direct peer operating at a similar boutique scale for cross-border Baltic matters.

Broad incumbents

• BDO Law (Latvia): Mid-tier legal practice affiliated with BDO global network operating in Latvia, offering corporate and tax-related legal services. Broad incumbent competing on mid-market M&A and corporate advisory mandates.
• Deloitte Legal (Latvia): Big Four legal arm offering corporate, regulatory, and M&A advisory services in Latvia. Broad incumbent competing for enterprise M&A, regulatory, and compliance mandates though as part of a wider advisory portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/SkrastinsunDzenis
• LinkedInlinkedin.com/company/skrastins-and-dzenis

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Skrastiņš & Dzenis