COBALT has maintained its position among the leading law firms in Estonia, Latvia and Lithuania in the IFLR1000 rankings for 2026, receiving six Tier 1 practice rankings across the Baltics and individual recognition for 33 COBALT lawyers.
The 2026 IFLR1000 results recognise COBALT across key areas of financial and corporate law, including banking and finance, capital markets, M&A and project development, while also highlighting the depth of the firm’s legal talent across all three Baltic markets. COBALT received top-tier rankings in Estonia, Latvia and Lithuania for practices advising on significant financial and corporate transactions and major projects, with further recognition in capital markets and financial services regulatory work. The results reflect COBALT’s strong position in the Baltic legal market and its experience advising local and international clients on banking and non-bank financing, capital markets, project finance, public and private M&A, and major energy, infrastructure and construction projects.
Six Tier 1 rankings across the Baltics
In the 2026 edition, IFLR1000 recognised COBALT with six Tier 1 practice rankings across Estonia, Latvia and Lithuania, alongside two Tier 2 rankings in Lithuania.
Estonia
- Financial and Corporate – Tier 1
- Project Development – Tier 1
Latvia
- Financial and Corporate – Tier 1
Lithuania
- Banking and Finance – Tier 1
- M&A – Tier 1
- Project Development – Tier 1
- Capital Markets – Tier 2
- Financial Services Regulatory – Tier 2
32 COBALT lawyers recognised with 37 individual recognitions
The 2026 IFLR1000 edition individually recognises 32 COBALT lawyers across Estonia, Latvia and Lithuania, with 37 individual recognitions spanning from established market leaders to the next generation of leading Baltic practitioners.
- Market Leaders – Dace Silava-Tomsone, Dr Irmantas Norkus, Marina Kotkas, Akvilė Bosaitė.
- Highly Regarded – Elijus Burgis, Gatis Flinters, Vydmantas Grigoravičius, Peeter Kutman, Andrejs Lielkalns, Lauris Liepa, Edgars Lodziņš, Dr Paulius Markovas, Kristel Raidla-Talur, Dr Juozas Rimas, Martin Simovart, Elo Tamm, Aivar Taro, Toms Šulmanis, Guntars Zīle.
- Women Leaders – Akvilė Bosaitė, Marina Kotkas, Kristel Raidla-Talur, Dace Silava-Tomsone, Elo Tamm.
- Expert Consultant – Dr Deividas Soloveičik.
- Notable Practitioners – Marija Majore, Jesse Kivisaari, Karina Paatsi, Heleri Tammiste, Diāna Zepa.
- Rising Star Partners – Monika Koolmeister, Sandija Novicka, Eva Suduiko.
- Rising Stars – Aurelija Balčiūnė, Kaarel Eller, Aušrys Šliavas, Žygintas Voronavičius.
IFLR1000
IFLR1000 is an international legal market guide focused on leading law firms and lawyers working on significant financial and corporate transactions. Its independent rankings draw on transactional evidence, client feedback and broader market research.
View the full IFLR1000 rankings here.
