28.3.2024

Castrén & Snellman top ranked in the Legal 500 EMEA 2024: ‘C&S is truly a full-service law firm’

The Legal 500 EMEA 2024 edition has ranked nine of Castrén & Snellman’s services in Tier 1: 

Banking and finance, Capital markets, Commercial, corporate and M&A, Dispute resolution, Employment, EU and competition, Intellectual property, Real estate and construction and TMT. Our Tax and Maritime & Transport services were placed in Tier 2.

A total of 32 of our experts were recognised for their exceptional work in their own fields. Our clients were especially impressed by our deep expertise and collaborative, pragmatic and solution-oriented way of working. The Legal 500 ranks law firms and lawyers throughout the world and is one of the most prestigious publications in our line of business.

Clients praise our legal expertise and teamwork

The rankings are largely based on interviews with clients. Here are some quotes from our clients:

Commercial, Corporate & M&A: 

A solid team working very well together. Quick turnaround in challenging questions, pragmatic and solution oriented.

Banking & Finance: 

The team has resources to advise on the most challenging finance transactions.

Dispute Resolution: 

I find this to be the best disputes team in Finland. Very knowledgeable in procedure, including international arbitration, and with a distinct focus on quality in every aspect. Detailed and strategic at the same time, structured and pragmatic. A pleasure to work with.

Capital Markets: 

Deep competence in capital markets laws, helpful and friendly attitude.

Employment: 

Castren’s employment law team are the strongest employment law team in Finland. They solve the client’s problems in the best way. The collaboration with the client and other law firms on multi-jurisdictional projects is excellent.

EU & Competition: 

They provide pragmatic legal advice without taking any shortcuts, extremely knowledgeable within their legal fields, of the firms’ different practice areas, and about the Finnish and Nordic market.

Real Estate & Construction: 

C&S has one of the leading real estate practices in Finland. They have a strong position especially in demanding real estate transactions and development projects.

TMT: 

Excellent lawyers. Great litigators and legal advisors. Extremely good knowledge about the market and our specific business needs. Proactive.

Tax: 

Relevant high-quality experience and straight forward thinking – no nonsense in approach, wide variety of knowledge in all tax areas.

Castrén & Snellman is also a recommended firm in the Green Guide EMEA 2024. Click here to learn more about this recognition. 

The Legal 500 highlighted five C&S lawyers in the Finnish Hall of Fame:

Mikko Alakare, Marko Hentunen, Janne Juusela, Anna Kuusniemi-Laine, Rickard Langenskiöld

10 C&S lawyers were recognised as Leading Individuals:

Anders Forss, Tomi Kemppainen, Merja Kivelä, Janne Lauha, Tuomas Lehtinen, Sakari Lukinmaa, Sakari Salonen, Tero Tuomisto, Outi Tähtinen and Jan Örndahl

Eight were recognised as Next Generation Partners:

Benjamin Bade, Antti Kaakkola, Ilona Karppinen, Minna Korhonen, Jussi Nieminen, Kim Parviainen, Jerker Pitkänen and Eija Warma-Lehtinen

For a more detailed look at the rankings, please visit the Legal 500 website.

Latest references

We successfully represented a panel of reinsurance companies in an international ad hoc arbitration. The dispute arose out of a reinsurance treaty under the terms of which the reinsurers had reinsured a portfolio of risks underwritten by the cedent. The parties disagreed as to whether the reinsurance provided coverage for a certain loss that had occurred because of the market turmoil caused by the Covid-19 pandemic. The case involved highly complex legal and contractual questions requiring special expertise on reinsurance law and practice. The arbitral tribunal rejected the counterparty’s claims for reinsurance compensation against our clients in full. The amount in dispute was approximately EUR 34 million.
Case published 16.9.2025
We supported byFounders.vc as the Finnish counsel in their investment in DataCrunch Oy in a USD 64 million Series A funding round. DataCrunch provides scalable AI compute solutions from energy-efficient data centers in Iceland and Finland. byFounders.vc is the community-powered early-stage venture fund investing in globally ambitious teams connected to the Nordic and Baltic countries.
Case published 11.9.2025
We advised Springvest Oyj in organising a EUR 45 million Series A funding round for ReOrbit, a space technology company and a leading provider of software-first satellites. It’s the largest all-equity Series A round in Finland and one of the most significant deals overall in the European space and defence sector. The purpose of the funding round is to support ReOrbit’s growth. The round consisted of a private placement reserved for professional and institutional investors, which included, e.g. Icebreaker.vc, Expansion VC, 10xFounders, Inventure VC, Varma Mutual Pension Insurance Company, and Elo Mutual Pension Insurance Company, and an EUR 8 million public share offering, which was oversubscribed within 4.5 hours. Springvest is a Finland-based investment firm that connects unlisted growth companies with investors. ReOrbit builds sovereign satellites and connected systems for national security.
Case published 9.9.2025
Castrén & Snellman advised the lead investors Ten Eleven Ventures and Tesi in the EUR 275 million Series B financing round of IQM Quantum Computers, the global leader in building quantum computers. The round is largest Series B round ever in Finland and the second largest in the Nordics. In addition to the lead investors represented by C&S, the round was participated by several new and existing investors, including pension funds Elo Mutual Pension Insurance and Varma Mutual Pension Insurance, strategic investors Companies of Schwarz Group and Winbond Electronics Corporation, and sovereign wealth funds EIC and Bayern Kapital. Ten Eleven Ventures is the original cybersecurity-focused, global, and stage-agnostic investment firm. The firm identifies, invests in, and helps grow top cybersecurity companies addressing critical digital security needs, leveraging its team, network, and experience to build successful businesses. Since its founding, Ten Eleven Ventures has raised over USD 1 billion and made over 60 cybersecurity investments across various stages worldwide. Tesi (Suomen Teollisuussijoitus Oy / Finnish Industry Investment Ltd) is a state-owned investment company with an industrial policy mission focused on driving economic growth, renewal, and investments. Tesi invests on market terms both in venture capital and private equity funds, and directly in startups, scale-ups, and large industrial projects. IQM Quantum Computers, founded as a deep tech spin-off from Aalto University in 2019, specialises in developing quantum computers utilizing superconducting circuits. The company designs and produces quantum processors at its facility in Espoo, providing computing solutions and optimizations tailored to both research and industrial applications. In addition to its Finnish operations, IQM has expanded its presence to Germany, France, Italy, Japan, Poland, Spain, Singapore, South Korea, and the United States.
Case published 4.9.2025