Paul Varul has an outstanding international reputation earned through many years of practice and his academic work on commercial law and insolvency.

He has been involved in drafting all the major legal acts of private law in Estonia (examples include: Law of Property Act, General Part of the Civil Code Act, Family Law Act, Law of Succession Act, Commercial Code, Law of Obligations Act, Bankruptcy Act, Reorganisation Act, Electronic Communications Act etc).

He has advised a wide range of Estonian and international clients on all aspects of private law, including corporate and banking law. He has extensive knowledge and experience in the fields of banking and finance, mergers and acquisitions, financial regulatory compliance and insurance disputes. Paul Varul is renowned for his competence in dispute resolution, having represented clients in several high-profile actions, including international arbitration in Stockholm, London and Washington. Paul Varul has also served as an arbitrator for the Arbitration Institute of the Stockholm Chamber of Commerce and for the Arbitration Court of the Estonian Chamber of Commerce and Industry. He also acted as an expert witness in several international arbitration proceedings in Stockholm, London, Washington and the International Centre for Settlement of Investment Disputes.