contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Fondia operates in the legal sector. The company offers business legal services and ongoing management of legal matters. The company has expertise in corporate agreements, personnel matters, confidentiality and competition law. Fondia has operations concentrated on the Nordic market with clients in various industries. The head office is located in Helsinki.

Good discussion on the forum once again, concerning both traditional law firms and Fondia. Compared to traditional “Espoo offices,” we at Fondia have a different focus from both the client and lawyer perspectives. As Fondia’s CEO, I am, of course, subjective, but I cannot agree with the idea that it would be difficult for us to compete with top firms. Our aim is not to engage in such head-to-head competition, but rather to find our own niche in the market. From the clients’ perspective, our unique niche is most clearly found in continuously billed services (approximately 75% of Fondia’s revenue comes from our continuous client relationships), our lawyers with an average of 17 years of work experience (our experience pyramid is very different from traditional firms), and the utilization of Legal Tech (e.g., MyFondia’s functionalities for creating Legal Reviews and Legal Plans, which are at the core of our proactive legal services). For employees, our different value proposition lies in the fact that we can offer a distinct lawyer role, which is something between a traditional external expert and an in-house lawyer. Our goal is to combine the best aspects of these job descriptions. I personally (subjectively) find our employer brand quite attractive when we aim to attract people with this focus. We have successfully recruited good professionals for our open positions. I believe that the larger transformation trends in our industry favor modern legal service companies like Fondia. In this regard, I am following the discussion in Sweden with great interest. In August, PE investor Axcel acquired six traditional law firms in Sweden, employing a total of over 250 people. Since only lawyers can own law firms, the lawyers of these six firms resigned from the local bar association and now operate outside the bar association, similar to Fondia. This led to the creation of AGRD Partners, which in terms of size corresponds to Fondia in the Swedish market, meaning it belongs to the TOP10 legal firms and is the largest non-law firm on the list. Fondia and AGRD Partners have a lot in common. The possibility of having non-lawyers as owners and on the board, investing differently in Legal Tech, etc. The most significant differentiating factor is that AGRD Partners is owned by a Private Equity investor, while Fondia is publicly listed on First North. Behind the accompanying link (and likely a paywall) you’ll find Fondia’s fresh perspective on the interesting discussion currently taking place in Sweden. I’m eagerly awaiting to see what happens when, as a Finn, I try to advise Swedish lawyers in the article…                    Dagens Juridik – 21 Nov 25              Fondias vd: Det är bra för alla att AGRD utmanar marknaden    Fondias vd Timo Lappi ser likheter mellan byråsammanslutningen AGRD och hans egen byrås födelse i Finland för 20 år sedan. Han själv lämnade advokatsamfundet för att kunna skapa en ny sorts byrå. – Fondia fick inte så mycket kritik i offentligheten i...                             What are your thoughts here on the forum? Will we see more modern legal service companies operating outside the bar association in Finland in the future?

Changes in the management team, these Fondia people have great names, perhaps even the CEO could change their name to at least a Lappland-style name  : Muutos Fondian johtoryhmässä: Victoria Swedjemark nimitetty Ruotsin-toimitusjohtajaksi, Emma Ridderstad uusiin tehtäviin Fondialla | Kauppalehti The CEO of Fondia Oyj’s Swedish subsidiary is changing. Victoria Swedjemark has been appointed CEO of Fondia Oyj’s Swedish subsidiary and a member of the group’s management team. She will start her position no later than March 2, 2026. Until then, the group’s CEO, Timo Lappi, will serve as the interim CEO of the Swedish subsidiary. Emma Ridderstad, the current CEO of the Swedish company, will leave the group’s management team as of today and will transition to become the Commercial Director of Fondia’s new internal innovation platform, Lextopia.

Link to the interview  There’s an interview with Fondia’s Timppa there.  Thanks to Timo - and happy reading to others!

In my opinion, it is difficult for Fondia to compete in corporate law with top-tier firms (C&S, Roschier, etc.) - Clients are willing to buy hours from these firms at a price of 400-700 euros, and these firms hardly need to present or sell their services. In my experience, Fondia is perhaps one of the most active in new client acquisition, at least in Helsinki. My understanding is that their employer brand is not nearly as attractive as with the aforementioned firms, and having spoken to half a dozen partners from large firms, the impression I get between the lines is that Fondia is not really considered a “serious” competitor. It’s probably a good place to work for those in lower-midtier & midtier if they don’t have the same passion to work long weeks/days when crunch time is on. However, I believe that in certain types of operations and in smaller-scale contract negotiations, Fondia can be a sufficiently good partner.

Hi @Bensatankki and @Wallet_Buffet_Omahan Somehow it feels like the scale of the investment has become a bit blurred. As I understand it, Lextopia’s internal startup currently has practically one person working on it. I would see Lextopia more as an experiment in how AI can and should be utilized, how it enables the development of operating methods, and what could then later be brought to a larger group for utilization. Fondia has invested in and researched AI more broadly, but perhaps larger changes are easier to test in a “separate unit” without having to immediately convince a wider audience. So, a very moderate investment with a new angle for broader operational development in the future. As AI will surely reshape the industry in the coming years, I would be more concerned about a company that wouldn’t conduct related experiments – or would just continue in the same way as always, because “these things don’t concern us.” Those companies are unlikely to emerge as winners from the disruption in the long run. The focus is, in my opinion, a good point, but even that is clear to me in the big picture. And perhaps it’s precisely easier to “separate” the experiment there, so that the focus remains clearer on the core business. So, I don’t see any drama in the matter one way or another, but later we will see if important lessons can be gained from there for the wider organization.

I agree with everything. But on the other hand, if one sees that the world’s digital transformation is shaping the industry, the effort to join it must be timed according to the market – not Fondia’s profitability. Founding an AI startup during stable double-digit growth is less risky. But does the same experiment make sense if it happens, say, in 2038? Is its purpose to compensate for the lack of meaningfulness created by missing client work or to create a “winning team,” which was highlighted in the last video? Hopefully, it’s not just about inventing fun, meaningful activities without more concrete goals. Can an AI startup become a honeytrap for wandering capital? Is there anything so exceptional about it that even non-wandering capital would find its way there? Is there so much idle capacity at Fondia that a Startup can fit in, or does it bring enough added value to compensate for the time it takes away? Apologies for the somewhat provocative questions and if an incomplete reading of the thread’s history and understanding of the company came through them.  Edit. Typos

It’s great that the company’s CEO has dared to comment on matters. Generally, I’m a bit puzzled by these “internal startups” in a situation where Fondia’s profitability lags light-years behind that of law firms engaged in similar business. Wouldn’t it primarily be more profitable to try to improve the earnings of legal services

Fondia

Fondia PlcCompany release1.12.2023 at 6.45 pm EETFondia - Acquisition of own shares 1.12.2023 Fondia Plc First North Finland Date 1.12.2023 Exchange transactions Buy Share class FONDIA Amount...

Fondia PlcCompany release1.12.2023 at 6.45 pm EETFondia - Acquisition of own shares 1.12.2023 Fondia Plc First North Finland Date 1.12.2023 Exchange transactions Buy Share class FONDIA Amount, shares 446 Average price/share, EUR 6,12 Total price, EUR 2729,52The shares held by Fondia Plc on 1.12.2023: 123 422 sharesOn behalf of Fondia PlcOP Corporate BankFondia in briefFondia solves the legal needs of companies by combining the best services from internal legal departments and law firms. Fondia operates in Finland, Sweden, Estonia, and Lithuania, and the Group's net sales in 2022 were €24.6 million. Fondia employes over 190 people.www.fondia.comDistribution:Nasdaq Helsinki LtdKey media