The Legal 500

Czech Republic

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Legal market overview

While many Western investors have left the energy, telecoms and infrastructure markets, this has been replaced by more local investment. Overall, the market has become more active, with law firms observing a rise in large M&A deals and unexpected interest from foreign investors in the real estate market. Although the Czech economy is generally considered to be recovering from the euro zone crisis, the implementation of a new Civil Code has created a different type of uncertainty and unpredictability for businesses as the new law beds in.

The Czech legal market has been moving towards a more dynamic, competitive situation, with good local firms increasingly providing good alternatives to leading international firms. Notably the departures of large international law firms – such as Norton Rose Fulbright v.o.s., advokátní kancelár and Hogan Lovells – created a space in the market for boutiques and spin-offs and allowed opportunity for quality lateral hires.

Prominent local firms include Kinstellar s.r.o advokátní kancelár, Glatzová & Co., s.r.o. and PRK Partners, as well as BBH, Advokatni Kancelar, S.R.O.. Cross-border mandates continue to be characterised by the presence of international firms such as Allen & Overy, Baker & McKenzie s.r.o., advokátní kancelár, Clifford Chance, CMS and White & Case (Europe) LLP.

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Legal Developments in Czech Republic

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Czech Republic: Limiting the number of agency employees - a plausible reality?

    The Czech Ministry of Labor and Social Affairs („MLSA“) recently submitted for interdepartmental comment a proposal act that will significantly reduce the usage of (so-called) "agency employees". read more... 
  • Energy Performance Certificates

    Starting from 1 January 2013 the amendment to Act No. 406/2000 Coll., on Energy Management, as amended, has increased, to a significant extent, the obligations of developers, building owners, associations of housing unit owners and housing unit owners as well (i.e. owners of flats and non-residential premises) relating to the issue of so-called energy performance certificates. This instrument, which was first introduced in 2009 for new constructions or large scale reconstructions, should provide simple and transparent information about the energy consumption of a building by classifying it in a respective energy performance class, such asweknowit in the case of electrical appliances.
  • Occupational health service – new duties for employers

    The Act No. 373/2011 Sb., on Specific Health Services, became effective on 1 April 2012.

    by Kristýna Oberfalcerová, Attorney-at-Law, Randa Havel Legal
  • Protection of Lenients and access to file before the Czech Antitrust Office

    by Kristýna Oberfalcerová, Attorney-at-Law, RANDA HAVEL LEGAL
  • Recodifiation of Czech Private Law

    The Chamber of Deputies of the Czech Republic definitively decided that laws concerning recodification of private law shall become effective on 1 st January 2014. There is less than two years left to prepare for the new legal regulation. In this issue of the News we bring you information on some chan­ges the recodification shall bring with regard to limited liability companies. As we have informed you before, recodification does not involve only the new Civil Code but, i.a. also the completely new Business Corporations Act (NBCA). As it follows from its title, this Act will regulate part of the present Commercial Code regarding business companies.
  • Criminal liability of legal entities

    Shortly before the end of the year, the act No 418/2011 Sb., on criminal liability of legal entities and proceedings against them (hereinafter referred to as the “Act on criminal liability of legal entities”) was published in the Collection of Laws. The Czech Republic has introduced this long-discussed breakthrough regulation, which was vetoed by the President in November 2011, as one of the last EU member states. Legal entities should pay attention to this law since fines amounting to millions or dissolution of legal entity are among the sanctions.
  • Bid Rigging Cartels in the Czech Republic

    The Office for the Protection of Economic Competition (hereinafter the „Office“) issued the historically first decision concerning domestic cartel among suppliers competing for public contract (bid rigging) case. The case is interesting not only because it is the first such case in the Czech Republic, but could indicate how the Office will proceed in such cases and in the proving of such cartels.
  • Reduction of the Number of Tenderers in the Czech Public Procurement Procedures...

    Instrument for Discrimination of Suppliers?
  • Judicial review of arbitration awards in the Czech Republic in light of recent legal developments

    The two basic means of dispute resolution in the Czech Republic are judicial proceedings and alternative dispute resolution. Arbitration proceedings, as a form of ADR, is thriving. According to statistics of the Arbitration Court attached to the Economic Chamber of the Czech Republic and Agricultural Chamber of the Czech Republic, one of the three permanent arbitration courts in the Czech Republic and the only one with general jurisdiction, in the year 2000 the mentioned court settled 196 disputes, while in 2009 it settled 1402 disputes (not including disputes settled amicably).

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