The best business law firms in Estonia for 2027 are Ellex Raidla, Sorainen, COBALT, TEGOS, WALLESS, Eversheds Sutherland Ots & Co, NJORD, RASK, Hedman Law Firm and TRINITI. Ellex Raidla, Sorainen and COBALT form the top tier for corporate and M&A, TEGOS and WALLESS are strong challengers, and Hedman is a go-to for fintech and crypto licensing.
Estonian business law is shaped by the Baltic market. The leading firms work across Estonia, Latvia and Lithuania, and many advise startups, fintechs and defence companies as well as banks and industrial groups.
How We Chose
We drew on Chambers, Legal 500 and IFLR rankings for Estonia, checked each firm’s practice focus, and ordered them by breadth and ranking strength. Read more about how we research and rank companies.
Estonian Business Law Firms At A Glance
Company
Based In
Best For
Key Fact
Ellex Raidla
Tallinn
Corporate, M&A, disputes and fintech
Band 1 in Chambers corporate and fintech
Sorainen
Tallinn
Cross-border Baltic work and fintech
Tallinn office since 1995
COBALT
Tallinn
Banking, M&A and venture financing
Band 1 for banking and corporate
TEGOS
Tallinn and Tartu
Insolvency, tax, competition and disputes
170+ lawyers across the Baltics
WALLESS
Tallinn
Banking, corporate and employment
Band 2 in Chambers corporate
Eversheds Sutherland Ots & Co
Tallinn
International companies entering Estonia
Part of the Eversheds Sutherland network
NJORD
Tallinn
Nordic investors and IP
Offices in Denmark and the Baltics
RASK
Tallinn
Corporate work and public procurement
Ranked for corporate and disputes
Hedman Law Firm
Tallinn
Fintech and crypto licensing
Band 2 in Chambers fintech
TRINITI
Tallinn
Corporate and litigation
Ranked for corporate and disputes
Best Business Law Firms In Estonia For 2027
1. Ellex Raidla — Estonia’s Most Consistently Top-Ranked Firm
Ellex Raidla is widely seen as Estonia’s leading law firm and ranks in the top band for corporate, dispute resolution, banking and fintech, where it has one of the largest specialist teams.
Choose it for the most complex deals and disputes.
Sorainen opened its Tallinn office in 1995 and is a top-tier firm across the Baltics, with a leading fintech practice covering payments, lending and blockchain.
It suits groups that need consistent advice in all three Baltic states.
3. COBALT — Top-Band Banking, M&A And Venture Deals
COBALT ranks in the top band for corporate and banking in Estonia and advises on major M&A, capital markets and startup investment, including defence tech rounds.
TEGOS, formerly TGS Baltic, is a full-service commercial firm with more than 170 lawyers in the Baltics and a merged PwC Legal team since 2024. It is known for insolvency, tax and competition work.
It suits companies that need breadth across many practice areas.
5. WALLESS — Integrated Team For Banking And Corporate
WALLESS is a Baltic firm ranked in the second band for corporate and banking, with a strong employment practice.
It suits mid-size and large companies seeking a responsive challenger firm.
TRINITI is a Baltic firm ranked for corporate work and dispute resolution.
It suits companies that want senior attention on disputes.
How To Choose A Business Law Firm In Estonia
What Kind Of Matter Is It?
Match the firm to the job: deals, disputes, licensing or employment.
Do You Need Baltic Coverage?
Pan-Baltic firms can handle Latvia and Lithuania too.
Who Will Do The Work?
Ask which partner and associates will be on your file.
How Are Fees Structured?
Ask about hourly rates, caps and fixed fees for defined work.
Frequently Asked Questions
Which are the top law firms in Estonia?
Ellex Raidla, Sorainen and COBALT are consistently ranked in the top band for corporate and banking work.
Do Estonian lawyers work in English?
Yes. Business law firms in Tallinn routinely advise in English.
Which firms are best for fintech licensing?
Ellex Raidla and Sorainen lead the rankings, with COBALT, Hedman and TEGOS also highly ranked.
Conclusion
Estonia’s legal market is led by Ellex Raidla, Sorainen and COBALT, with TEGOS and WALLESS close behind and Hedman for fintech. For finance help, see the top accounting firms in Tallinn, and explore the Estonia hub.
