The Legal 500

Greece

Share this page

Editorial

Legal market overview

2015 was a challenging and uncertain year for Greece, with a weak economy and political turmoil governing the landscape. Capital controls, the possible exit from the eurozone and two general elections added pressure to already turbulent economic conditions. With Syriza reinstated as the victorious party in the most recent election, the country is looking toward increased stability. Its privatisation agency, the Hellenic Asset Development Fund, has pledged to re-start the raft of projects that have been put on hold, and plans for the recapitalisation of the Greek banks are moving forward.

The legal market has inevitably been affected by the unstable economy. Many firms have been forced to cut fees and staff, with working hours being restricted. Although many projects have been put on hold and deteriorating liquidity conditions have undermined business confidence, there are sparks of optimism. The climate has generated a substantial volume of commercial disputes, and the energy and tourism sectors are emerging as opportunities for foreign investors.

Local firms continue to dominate the legal market, with M. & P. Bernitsas Law Offices; PotamitisVekris; Kyriakides Georgopoulos Law Firm (KG Law Firm); Karatzas & Partners; and Koutalidis Law Firm all being highly regarded full-service practices.

GC Powerlist -
Europe

Press releases

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to

Legal Developments in Greece

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to

Press Releases worldwide

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to