Advokaadibüroo Sorainen won Äripäev´s law firms TOP this year, they managed to formalize the record result in 2021 due to, among other things, such mega projects as Bolt's EUR 600 million investment, which was also the largest investment in the Central and Eastern European start-up sector in 2021 and the sale of Fortum's Baltic district heating business for EUR 800 million, which was the largest merger and acquisition takeover transaction in the Baltic States.

The second place among law firms was Ellex Raidla, who as the market leader in securities market transactions advised most of the 2021 IPO transactions.

24.11.2022. Äripäev. Soraineni lennutasid edetabelivõitjaks kogu regiooni megatehingud
25.11.2022. Äripäev. Advokaadibüroode TOP 2: Ellex Raidla sai turuliidrina osa suuremast osast 2021. aasta IPOde sajust

Both Sorainen and Ellex Raidla were among our first clients and to date these law firms have been using xLaw for over 5 years.

To date xLaw is used in more than 70 law firms, including 90% of the TOP 30 law firms in the ranking prepared by Äripäev this year. (Ranking of law firms compiled by Äripäev)

xLaw is the first unique application of legal technology in Estonia, which has significantly changed the daily work processes of lawyers. The majority of xLaw users are top lawyers - lawyers, judges, prosecutors, notaries, bailiffs, bankruptcy trustees; among other things, xLaw is used in all Estonian courts. xLaw has also proven popular with many state and local government professionals and corporate lawyers.

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To try and order xLaw, contact: xlaw@extendlaw.com

ExtendLaw OÜ once again reached 1% of the fastest growing companies in Estonia!

ExtendLaw OÜ was established on 11th November 2016 and offers a unique legal technology software application xLaw.

The first version of xLaw was released on 17th April 2015 and became quickly popular among lawyers.

xLaw fulfilled the needs of the legal market with innovative solutions that enable legal work to be done faster, more conveniently and efficiently. To date xLaw has evolved a lot and has become the daily tool of top legal professional. xLaw is used by lawyers, judges, prosecutors, notaries, bailiffs, bankruptcy trustees; including xLaw is used in all Estonian courts and more than 70 law firms. xLaw has also proven popular with many state and local government professionals and corporate lawyers.

See xLaw's long-term user reviews.

The definition of Gazell companies originates from the USA. David L. Birch discovered in the nineties that in certain periods it is small businesses that make the economy move. Gazelles focus on an unfulfilled need in the market, stand out from the crowd and create the so-called "new fashion trend" or "dominant design".

The Estonian Gazelle Movement celebrates its 23rd birthday in 2023. The Gazelle movement values fast-growing companies knowing that they create most new jobs in every country, are flexible, fast and courageous. Every year Äripäev compiles "Gaselli TOP", organizes the Gazelli Congress and writes about the progress of gazelle companies. A company that has grown rapidly, has increased its turnover and profit by at least 50% in the last three years, is selected to the "Gaselli TOP".

Following additions are available in the xLaw application:

Explanatory letters of draft laws adopted in 2006 - 2022 (partially also earlier ones) (xLaw RT - gray button next to the provision, section "Seletuskiri").

2012 - 2022 references of the EU directives adopted by the laws next to the provisions (see xLaw RT - gray button at the provision, section "EU õigus" and xLaw EU - at the provision, section "Estonian law")

2018- 2021 (partially earlier) Master's theses are available with references and links at the provision and from the Keyword set (xLaw RT - gray button at the provision, section "xLaw kommentaarid" and on the left "xLaw märksõnastik" - Magistritööd)

We are clarifying and adding references to Supreme Court decisions to the relevant provisions. Analyzes and case law of the Supreme Court are also available.

See also our legal news about the new laws here