Cleary, Debevoise Eye Russia Exit Over Ukraine Invasion (1)

Cleary Gottlieb Steen & Hamilton is cutting ties with the Russian government and shuttering its Moscow office as law firms feel mounting pressure stemming from the Russian military invasion of Ukraine.

The Wall Street firm said in a statement that it has been exiting its engagements with Russian governmental and state-owned entities. It will also continue to comply with U.S., E.U. and U.K. sanctions law in all its current and future representations, the firm said.

The sanctions, imposed shortly after Russian military forces began the assault on neighboring Ukraine, have law firms and others questioning whether they should continue to ...