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Lebanon

Editorial

Legal market overview

As a result of an economic slump, partly due to Syria’s civil war which led to an influx of refugees over its borders, Lebanon is currently the Arab world’s most indebted country and experiencing reduced investment and consumption levels. Lebanon’s energy sector has also slowed down, with the government’s bidding process for granting oil blocks delayed because of political tensions. Consequently, the country’s government went to the international capital markets on two occasions in 2015: raising $2bn-plus of new government debt in February, thanks to Lebanon’s strong banking sector, and raising a further $1.3bn in Eurobonds in October.

Lebanon’s tight and competitive legal market remains dominated by local firms, such as Abou Jaoude & Associates Law Firm; Abouhamad, Merheb, Chamoun, Chedid; Abousleiman & Partners; and Badri and Salim El Meouchi Law Firm. The chasing pack includes Airut Law Offices, El-Aref International Law Office and El-Khoury & Partners in association with Holman Fenwick Willan LLP.

Firms in the spotlight

Hamdan Law Firm
www.hamdanlawfirm.com

The Hamdan Law Firm was founded in 1961 by Ahmad Hamdan and offers a full range of legal services. It is one of the oldest law firms in Lebanon and is today managed by Abdel Ghani Hamdan.

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