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Editorial

Who Represents Who

Find out which law firms are representing which Legal market overview clients in Bulgaria using The Legal 500's new comprehensive database of law firm/client relationships. Instantly search over 925,000 relationships, including over 83,000 Fortune 500, 46,000 FTSE350 and 13,000 DAX 30 relationships globally. Access is free for in-house lawyers, and by subscription for law firms. For more information, contact david.burgess@legal500.com.

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Bulgaria‚Äôs economy remained sluggish in 2016, resulting in a flat M&A market and the ongoing suspension of many infrastructure projects, but lawyers are optimistic, given signs of renewed interest in the real estate sector, particularly from overseas investors, and investment in SMEs by the European Union‚Äôs Jeremie fund initiative. There is also growth in private equity funding for start-ups ‚Äď Sofia has the third largest start-up market in Europe after Dublin and London ‚Äď and the banks remain well capitalised, having passed recent stress tests.

This year sees the introduction of a new Healthcare and life sciences ranking to reflect growing legal expertise in what is a thriving industry in Bulgaria. The majority of global pharmaceuticals companies and many niche players are represented in Bulgaria, which also has a busy clinical trials sector.

FIRMS IN THE SPOTLIGHT

Delchev & Partners

Delchev & Partners is a prime, full service, commercial law firm, based in Sofia, Bulgaria. Delchev & Partners’ legal solicitors provide comprehensive legal and tax services and solutions to multinational corporations operating in Bulgaria, closely held foreign and Bulgarian businesses, local entrepreneurs, exempt organizations and individuals. Our experienced lawyers in Bulgaria will assist you with any legal issues that you or your business in Bulgaria is facing.

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The legal market is fiercely competitive, comprising a handful of large domestic firms and an abundance of smaller two to three-partner practices with valuable expertise; Bulgaria is one of the few CEE jurisdictions where domestic firms still dominate the market. However, regional CEE heavyweights CMS, Schoenherr (in cooperation with Stoyanov & Tsekova), Wolf Theiss and Peterka & Partners Law Firm all have a presence in the country.

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