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"Erdinast, Ben Nathan & Co was established in 1988 by Giora Erdinast and Rami Ben-Nathan. The firm is located in the heart of Tel Aviv’s business district and consists of 60 adv..." read more
"EKT is one of Israel’s leading law firms. The firm was established in 1989 by advocate Eytan Epstein – then a young lawyer specialising in competition and international trade law. ..." read more

 

Legal market overview

The Israeli legal market is highly competitive and dynamic: it is a jurisdiction with a very high number of lawyers per capita, and below its upper echelon of robust full-service firms, there is a bustling market of smaller firms and boutiques to which clients tend to be loyal. However, in recent years there have been signs that the market might be ready for change and in 2012 it was opened up to competition from foreign law firms. Although the number of foreign firms is small thus far, some are operating already: Greenberg Traurig P.A handles large corporate work on behalf of Israeli clients such as Teva and Berwin Leighton Paisner LLP also has a representative office in the jurisdiction. Chinese firm Yingke Law Firm’s recent merger with boutique offering Eyal Khayat Zolty, Neiger & Co. to create Yingke Israel – Eyal Khayat, Zolty, Neiger & Co., Law Offices might provide a possible template for foreign firms going forward.

2013 was also notable for two significant mergers among domestic law firms: in April, Shibolet & Co subsumed J. Zaltzman, Gilat, Knoller, Graus, Salomon Law Firm; and, in May, Pearl Cohen Zedek Latzer merged with Baratz & Co to form Pearl Cohen Zedek Latzer Baratz. Another notable development was highly regarded tax specialist Eldar Ben-Ruby and hi-tech specialist Alon Sahar both moving from Herzog Fox & Neeman to Meitar Liquornik Geva Leshem Tal Law offices.

In terms of industry sectors, the country’s powerhouse hi-tech industry remains a key driver; the demand for real estate has kept lawyers busy in that sector; and the energy market is booming as participants prepare to exploit oil and gas reserves such as the Tamar gas field. While capital markets activity has been relatively subdued in recent times, there are signs of revival. On the corporate front, 2013 witnessed some large transactions, perhaps most notably Google’s $1.15bn acquisition of Waze.

Press releases

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Legal Developments in Israel

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Press Releases worldwide

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  • Austria/Malta: Schoenherr advises Oesterreichische Volksbanken on sale of Volksbank Malta

    Schoenherr, a leading corporate law firm in Central and Eastern Europe, advised Österreichische Volksbanken-AG (OeVAG) on the sale of its fully-owned subsidiary Volksbank Malta Limited to Malta-based Mediterranean Bank plc. On 11 April 2014, OeVAG and Mediterranean Bank signed a Share Purchase Agreement for 100% of the shares in Volksbank Malta. Closing shall take place after the required approvals of the relevant regulatory bodies are received. read more...
  • Austria: Stefan Kuehteubl new head of Employment practice at Schoenherr

    Stefan Kuehteubl will join Schoenherr, a leading corporate law firm in Central and Eastern Europe (CEE), as a partner and the head of the firm's Employment practice as of July 2014. A highly-regarded employment law practitioner, Kuehteubl will be returning to Schoenherr, where he previously worked as a member of its employment team between 1999 and 2004. During the past ten years, he worked in a well-known Vienna-based employment law boutique, in which he was a partner since 2008. read more...
  • Proud to continue charitable donations in 2014

     Read more...
  • New Swiss Law on Product Safety

    The Swiss law on product safety ( Produktesicherheitsgesetz, PrSG) is currently scheduled to enter into force on July 1, 2010. This new law aligns Swiss product safety requirements with EU law. It applies not only to manufacturers, but to anyone who commercially or professionally markets products in Switzerland, and it introduces substantial new obligations before and after the sale of a product.
  • Chambers Global has once again recognised Pepeliaev Group's tax practice as the best in Russia

    The Chambers Global 2014 international ratings have hailed Pepeliaev Group's tax practice and the firm's managing partner Sergey Pepeliaev as Russia's best in the area of taxation (band 1 and Star Individuals). Commentators describe Mr Pepeliaev as "the father of Russian taxation." He has an outstanding reputation in tax litigation, for which he is said to be "absolutely brilliant." In addition, Chambers Global  lavishes praise on Rustem Ahmetshin (band 2), one of the firm's senior partners, who has considerable expertise in areas such as VAT and audit advice. Chambers Global sources commend Pepeliaev Group partner Valentina Akimova (band 3) as a "smart tax specialist." She has significant experience in a wide range of tax matters such as VAT, income tax and excise duties. Sources recommend Andrey Nikonov (band 3), another senior partner in the firm, as an authority on VAT, mineral extraction tax and unified social tax.  Chambers Global also rates Mr Nikonov highly for his experience in resolving tax disputes advising on the tax aspects of M&A transactions.
  • DHIR & DHIR ASSOCIATES ADVISES NATIONAL HOUSING BANK ON THE TRANCHE- II OF PUBLIC ISSUE OF TAX FREE

    Dhir & Dhir Associates advised National Housing Bank, wholly owned by Reserve Bank of India, on the Tranche- II of public issue of tax free bonds in the nature of secured, redeemable, non-convertible debentures with benefits under Section 10(15)(iv)(h) of the Income Tax Act, 1961, aggregating upto Rs. 1,000 Crore.
  • WHAT CANNOT BE DONE DIRECTLY CANNOT BE DONE INDIRECTLY ANDHRA PRADESH HIGH COURT

    In a recent landmark judgment of the Hon'ble Andhra Pradesh High Court in the matter of Deccan Chronicle Holdings Ltd. (DCHL) & Ors. Vs. Union of India & Ors ., the Hon'ble Court has laid down an important principal of law to the effect that SARFAESI Action can be taken by an assignee/ successor in interest only if the original lender had SARFAESI power.
  • DHIR & DHIR ASSOCIATES ADVISES NATIONAL HOUSING BANK ON THE PUBLIC ISSUE OF TAX FREE BONDS AGGREGATI

    Dhir & Dhir Associates advised National Housing Bank, wholly owned by Reserve Bank of India, on the public issue of tax free bonds in the nature of secured, redeemable, non-convertible debentures with benefits under Section 10(15)(iv)(h) of the Income Tax Act, 1961, aggregating upto Rs. 2,100 Crore.
  • Angel Buzalov from “Popov & Partners” has participated in “Legal Day 2014”of GBICC

    On 20.03.2014 was carried the first part of the annually organized forum "Legal Day" of German-Bulgarian Industrial Commercial Chamber. Representatives of the leading legal companies in Bulgaria and industry representatives also took part in the event.
  • “Popov & Partners” took part in the consultations organized by the German-Bulgarian Industrial C

    On 24.03.2014 a meeting of the Advisory Board "Law" of the German-Bulgarian Industrial Commercial Chamber (GBICC) was held. The event was attended by representatives of the business as well as lawyers from major law firms in Bulgaria, including the law firm "Popov & Partners."