Market sources say the firm is primarily known for its M&A transactions. The corporate/M&A team is busy with acquisitions, structuring and regulatory advice in sectors varying from banking to telecoms to real estate. For example, the firm advised on Bulgarian elements of the Nokia-Siemens merger. It also acted on the acquisition of Economic and Investment Bank AD. Clients praise the firm’s ‘experienced, well-networked lawyers who are very impressive on regulatory advice and in court’. The firm is also respected for its energy work for clients such as E.ON, and its involvement in tenders in the planned new nuclear plant in Pleven. Mostly working on the side of international investors, the firm is praised by clients for ‘always providing creative and relevant solutions to problems’. ‘Effective rainmaker’ Yavor Kambourov is praised for ‘excellent leadership and on-the-ball advice on even the most complicated matters’. Clients say Vladimir Rangeloff is ‘a dedicated team player who always keeps the needs of clients in mind’. The firm often receives referral work from international firms such as Simmons&Simmons, Lovells or Shearman & Sterling.