US-headquartered international law firm Baker McKenzie is set to review its arrangements with some of its Russian clients in the wake of the ongoing Ukraine crisis, Bloomberg reports..In a statement given to Bar & Bench, a spokesperson from the firm said,“Baker McKenzie is reviewing and adjusting our Russia-related operations and client work to align with all applicable sanctions and comply with these fast-evolving laws. We do not comment on the details of specific client relationships, but this will mean in some cases exiting relationships completely.”.Baker McKenzie advised Russian state-owned VTB Bank on a refinancing agreement in 2020 and represented the country's Ministry of Finance on a sovereign bond offering last year..The Russia-Ukraine crisis has prompted law firms to reassess their relationships with Russian entities. Another US-based firm Sidley Austin said it had severed ties with VTB following the invasion of Ukraine last week..Follow Bar and Bench channel on WhatsAppDownload the Bar and Bench Mobile app for instant access to the latest legal news.