This is the 23rd edition of the Moscow Lexology Insights law firm compensation, benefits and billing report (previously known as the “Moscow Legal Market Intelligence report”). It was prepared on the basis of in-depth research carried out during March 2021. The results are based on data supplied by participating law firms, as well as interviews with partners, office managers and directors of HR and finance at 15 of the leading law firms in Moscow. The report was researched by Gwilym Davies of Lexology Insights. We intend to repeat this exercise annually, addressing any fluctuations in the market, along with new areas as suggested by respondents. For this reason, we remain eager for feedback on the usefulness of the findings and on how the report’s format and relevance can be improved. Profile of participating firms We would like to express our appreciation to all of the law firms that provided their time and cooperation in the preparation of this report. Their identity is confidential. All of the 15 firms surveyed are experienced in advising international and domestic clients across a range of corporate, financial and general business areas. The sample of participating firms breaks down as follows: • All law firms [total sample] (total sample for data analysis) – 15 • US law firms – 7 • UK law firms – 5 • European law firms – 2 • Domestic law firms – 1 • International law firms which set salaries in hard currency (dollars or euros) – 14 With many firms now truly international entities, the terms ‘US law firm’, ‘UK law firm’, ‘European firm’ and ‘domestic firm’ above are used to refer to the major originating component of a law firm.