Emerging Markets Law Firm to Open Mongolia Office to Respond to Rapid Growth

April 12, 2011 - PRLog -- New York, USA – 5 April 2011 – No longer known simply for its unique history and tourism, Mongolia is quickly becoming a magnet for new investment with its strategic location to Kazakhstan, Russia and China, substantial natural resources reserves, and market reforms that puts it at number 73 on Word Bank’s Doing Business report, ahead of Greece, Vietnam, Egypt and China. In reaction to the rapid need, Rosenblatt & Company has launched an office in Ulaanbaator as of 1 April 2011.
“We are pleased to announce our alliance with the respected Zata Law Firm, and look forward to assisting clients in our expanding cross-border transactional practice, with a focus on emerging markets.” said Phillip Rosenblatt, Managing Partner. “The addition of Batbileg and Yesudei, leading Mongolian practitioners, to our team, will help us provide top-notch integrated international advice to key foreign and Mongolian investors on in-bound and out-bound transactions.”
The alliance will help to meet the expanding needs of the natural resources, finance and capital markets sectors. Additionally, as manufacturing and services sectors are expected to grow, the Mongolian partners look to benefit from Rosenblatt & Company’s long-term expertise in markets such as Turkey and Emerging Europe, Egypt and the Middle East and Kazakhstan and Central Asia.
“The alliance will enable us to handle the growing demand for quality international legal advice and extend our ability to serve multinational clients as they expand into our markets,” said Yesudei Erdene.
Batbileg Sukhbaatar adds, “As one of the fastest-growing markets, Mongolia will experience some of the growth and challenges that our colleagues have experienced in other international markets, and our clients will benefit from the integrated support of local and international excellence.”
The team will work closely with Rosenblatt & Company lawyers in Kazakhstan, Turkey, and its international network to provide the full range of the Firm’s expertise in strategic investment, finance and infrastructure.
Ludmila Lobikova, Senior Lawyer at Rosenblatt & Company’s Almaty office adds “Mongolia will pay an important role as a magnet for new investments. It is clear to us that this dynamic market, with its proximity to Russia, China and Kazakhstan will develop into a leading player as it develops its wealth of natural resources. We are proud to be actively supporting continued development and growth of Mongolia in this important time.”
For further information or to arrange an interview with the partners involved in the alliance, please contact:
Phillip Rosenblatt  +7 727 355 900, or the Mongolia office at mongolia.office@rosenblattandco.com.



About the Firm: Rosenblatt & Company is an international law firm with a cross border emerging market practice and a focus on Turkey and Emerging Europe, Egypt and the Middle East and Kazakhstan and Central Asia. With associated and affiliated lawyers throughout these emerging markets, Rosenblatt & Company provides some of the world's leading companies and financial institutions with responsive, clear advice and support for their cross-border projects and investments.
Rosenblatt & Company’s lawyers are fluent in English, Russian, Turkish, Arabic, German, French, and now, Mongolian.
The Mongolian office will operate in cooperation with Zata Law Firm, Rosenblatt & Company’s well-respected alliance Mongolian law firm, headed by Batbileg Sukhbaatar and Yesudei Erdene. Its lawyers are fluent in Mongolian, English and Russian.
www.rosenblattandco.com