Michalis Economides studied at Queen Mary University of London and University College London (UCL) before becoming a Barrister-at-Law from Lincoln’s Inn.

As he tells GOLD, the idea of founding his own law firm began to take shape during his legal studies.

“When I was in the UK, I had the privilege to work in a major law firm, handling various arbitrary, corporate and court cases. Through my interactions with fellow professionals and my experience of operating in that environment, I realized that the legal profession could fulfil me and give me a solid purpose: offering advice and services to business and individuals, assisting in dispute resolution and providing solutions to personal or business problems”.

Michalis Economides decided to follow his instincts regarding the profession, and as he gave more thought to what he could do to contribute to any changes and improvements, he moved a step further:

“I realized that, to make the desired changes, I needed to have my own law firm, and that is what led to the formation of Chambersfield Economides Kranos.”

Seven years after its establishment, Chambersfield Economides Kranos has a physical presence in nine countries.

Its experienced team of lawyers undertakes cases that fall within the scope of litigation and arbitration, corporate and commercial law, admiralty and shipping, banking and finance, competition law, criminal law, debt recovery, employment law, energy law, European law, family law, immigration law, tenancy issues, intellectual Property law, internet business law, real estate and tax law.

Meanwhile, the firm’s sister company, GFA Trust, provides corporate, fiduciary and commercial services in more than 21 jurisdictions.

“The uniqueness of Chambersfield Economides Kranos mainly relies on the composition of its team,” says the founder. “Our team consists of experienced, determined, highly educated and knowledgeable professionals sharing an unparalleled passion for their profession. They embrace the firm’s vision and recognize that each case is important and unique, irrespective of the client’s status. Consequently, we personalize our recommendations and solutions to enhance the materialization of each client’s goal”.

Of course, the journey has not been easy, given that the firm was founded at what some might consider the most difficult time in the country’s recent history: April 2013.

“If I could highlight two of the most crucial challenges we have faced, I would have to mention the 2013 banking crisis, during which only essential business transactions were taking place in Cyprus, and, of course, this year’s coronavirus pandemic, which has practically stopped the world and changed global business thinking. Both of these unprecedented crises were very stressful and demanded that we implemented a thorough, open-minded and groundbreaking way of thinking in order to deal with them successfully”.

In addition to those two major crises, law firms face other significant challenges: “I believe that the legal sector needs to enter the digital era dynamically and embrace it by simplifying and speeding up all its procedures with the aim of improving communication among all the involved parties,” says Michalis Economides.

“The last decade has given us solid proof that our generation must always be alert and have a Plan B for handling crises. Nowadays, due to digitalization, there are no limits or restrictions on the flow of information, but this means that a crisis can occur at any time, spreading like wildfire and affecting national and international markets alike. So, preparation, fast response and participation in the digitalization system is essential if firms are to continue their business operations.”

The goal of the firm is to further expand its operations in the international market, aiming to offer clients comprehensive international services with a local touch.

At the same time, Chambersfield Economides Kranos will continue to implement its customer-centric approach, as it cherishes and strengthens customer relationships and develops its business operations.

“Undeniably, clients want law firms that not only offer them high-calibre legal and corporate services but are partners in this relationship, complying with the notions of loyalty, trust, professionalism, personalisation, respect and understanding,” says Michalis Economides.

“Chambersfield Economides Kranos is a law firm that prioritizes its clients’ needs and personalizes the proposed solutions in such a way that they yield exceptional results in each case or project.”

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The International Law firm Chambersfield Economides Kranos, highlights even more its global expansion with its new offices in China.

The founder and CEO, Mr Michalis Economides, a lawyer and approved member of the Cyprus Bar Association and Barrister of the United Kingdom and Wales, stated that: “The objective of Chambersfield Economides Kranos law firm is to form a strong global presence that will provide a full range of integrated litigation and corporate solutions, tailor made to each customer that will enable them to perform effectively in any jurisdiction.”

Chambersfield Economides Kranos follows a customer driven philosophy and provides a full range of legal and corporate services to private and corporate clients, multinational companies, financial institutions and governments.

Currently the law firm preserves offices and has physical presence in Cyprus, England, Singapore, Albania, Bahrain, Israel and China, while it is continuing the discussion with other prominent companies around the world for establishing new partnerships.

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Chambersfield Economides Kranos is an International Law firm that offers complete legal and corporate services, with physical presence in more than 7 countries and provision of fiduciary and corporate services in more than 21 countries. The firm deals with all legal practice areas and the lawyers within can cope with cases regarding any multi jurisdictional issue worldwide.

The firm’s cross-border experience and knowledge of the worldwide rapid changes enables it to thoroughly assess and comprehend the market perspectives. The company provides solutions and can advise private users as well as corporate entities on how to handle private issues and disputes with discretion, how to manage their existing investments or evaluate new investment opportunities as well as how to form a successful portfolio of investment with the greatest percentage of return. Additionally, our expertise allows us to serve as an advisors / consultants for wealth management, tax restructuring, risk analysis, management and administration of Trusts at a global level, etc.

Moreover, the firm’s advisory knowledge covers the entire main business field under International Law practice and ranges from the financial, management and banking sector to the incorporation, administration of corporations and fiduciary services, fund registration and management expanding to various other related practice areas.

The company’s Immigration Law Department has an extensive experience and expertise in regards to Economic Citizenships and Permanent Residence plans worldwide. The firm is able to suggest solutions that are fully compliant with the legal provisions of each and every jurisdiction, in which the client wishes to obtain Citizenship/Passport or Permanent Residence. The firm operates closely with Cyprus, Latin America and Caribbean approved schemes as well as other immigration schemes.

Chambersfield Economides’ Kranos line of thinking is innovative and exclusive.

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