Surprising supervision letter from Finnish Financial Supervisory Authority – Shortcomings in many companies’ compliance

The Finnish Financial Supervisory Authority (FIN-FSA) has evaluated the organization and quality of the compliance functions of investment firms, fund management companies and alternative investment fund managers. The evaluation revealed several shortcomings, and therefore the FIN-FSA is now prescribing a sharper focus on the organization of the function and is…



SSR Group and Lexia Attorneys engage in collaboration

Construction company SSR Group Oy and Lexia Attorneys have started collaboration. Under the strategic partnership agreement signed in June, Lexia is offering SSR Group continuous professional legal assistance and support in, among other things, the reviewing of contracts, administrative issues, and daily legal matters. “SSR Group has experienced robust growth…



Samuli’s blog: Taking technology from a gimmick to a way of operating

Digitalization, artificial intelligence and Legaltech are hot topics in the legal world. A perceptible change in attitudes was witnessed last year. The topic was briefly addressed at the International Bar Association’s annual conference in 2015, but by the following year digitalization was the main topic of discussion at the event….



Lexia is the law firm partner for Savonlinna Opera Festival

The sounds of Savonlinna Opera Festival will again be heard 6.7.-6.8.2017. The Opera Festival is an internationally acclaimed Finnish cultural event and one of the world’s leading opera festivals. Every year more than 60,000 spectators from Finland and around the world attend performances at the Olavinlinna castle and enjoy the Opera…



The law firm of the future is a client’s strategic partner

“Management is doing things right; leadership is doing the right things.” Peter F. Drucker Law firm practices are undergoing a period of transition and operations are changing. Digitalization is changing client behavior models and, consequently, also the business model of law firms. Not only must lawyers be closer to clients…



Iikka Sainio started as Counsel on May 16, 2017 – Lexia strengthens its technology and innovation practice

Iikka Sainio, Attorney-at-Law, trained on the bench, has made a successful career assisting companies in issues related to corporate law, particularly in the technology, media and capital investment sectors. Iikka has experience in throughput of broad software projects, in negotiating domestic and international software and technology licenses and handling the…



Samuli Koskela is Lexia Attorneys’ new CEO

One of Finland’s fastest growing next-generation law firm Lexia is renewing its management to correspond with changes in the business environment and to meet client needs in the digital era. Samuli Koskela has been appointed Lexia’s new CEO as of May 9, 2017. At the same time, Lexia’s Founding Partner…



Olli Kiuru appointed member of Meritas alliance’s European Leadership Group

Meritas Law Firms Worldwide, a global alliance of independent, full-service law firms, operates in 242 market areas with 183 law firms around the world. The alliance includes more than 7,400 lawyers. Only one member from each country can be in the alliance, so Lexia is Meritas’ Finnish representative. Lexia Partner…



Most important changes to employment legislation in 2017 – The latest is the lump sum payment of EUR 2,500 euros, payable to the employer of a female worker

Significant changes to employment legislation took effect at the turn of the year and have an impact on a number of issues, including the use of fixed-term employment contracts, trial periods, the re-employment obligation, and the employer’s obligations related to change security. The amendment related to the lump sum paid…



Lexia received recommendations from respected Chambers and Partners and The Legal 500 publications

Chambers and Partners, the industry-leading ranking company, has once again researched the expertise of law firms. Chambers and Partners recommends the following Lexia services: EU and competition Dispute resolution Technology, media and telecommunications (TMT) Chamber & Partners has chosen the following attorneys among recommended experts: Sami Rintala, TMT Sirpa Leppäluoto,…



Housing companies: Things about data protection to consider when making the switch to smart locks

Digital smart lock alternatives have emerged alongside conventional mechanical locks and keys, and the new systems also collect the users’ personal data. When thinking about making the switch to smart or digital locks, housing companies must also consider the issue from a data protection perspective, because the processing of personal…



Startups: 5 marketing compliance tips you need to know

You might have a great product, rising brand and awesome marketing ideas. To make it successful in practice you need to tackle the potential legal issues as well. Marketing rules and regulation are relatively complicated and fragmented. Depending on the field of industry, a startup must comply in addition to…



Susanna Sariola started as Counsel on February 1, 2017

Susanna Sariola started as Counsel on Lexia’s Technology & Media team on February 1, 2017. Susanna has a lengthy career as a corporate attorney providing legal support to the business units of major technology companies. Susanna joins Lexia from Microsoft Mobile Oy, where she was responsible for legal support for…



Attention Startups! Access Silicon Valley Viewing Party on March 29, 2017: “Secrets of a Viral Marketer – Ways to Get ‘Em to Laugh, Cry, Share and Buy”

Access Silicon Valley has been described to be a “virtual bridge” to Silicon Valley, where startup entrepreneurs and serial entrepreneurs in real time, get access to relevant content, and have the opportunity to interact with, angels, VCs and great entrepreneurs that they otherwise wouldn’t get the opportunity to see, hear…



Kotipizza Group Oyj acquires Pizzataxi – Lexia was an adviser to Kotipizza in the transaction

Kotipizza Group Oyj has acquired all business operations of Helsingin Pizzapalvelu Oy, whose Pizzataxi restaurant chain includes 22 restaurants in the Helsinki metropolitan area and southern Finland. The restaurants will be merged with the Kotipizza chain. Pizzataxi’s chain-based sales in 2016 were about EUR 6 million. Senior Associate Olli Kotila assisted…