The Legal 500

Libya

Editorial

Legal market overview

Although Muammar Gaddafi’s downfall in 2011 opened Libya up to the world, its growth remains hindered by a weak central government and rival militias competing for influence. In October 2013, the country’s prime minister, Ali Zeidan, was kidnapped in Tripoli and held for several hours by militia gunmen before being released. The year saw Libya endure approximately $6bn of losses due to protests that took place at ports and oilfields, and its economy is shrinking.

International law firms nonetheless maintain Libyan practices. Allen & Overy LLP, Herbert Smith Freehills LLP, Freshfields Bruckhaus Deringer LLP and Eversheds LLP frequently act in Libya-related deals. Hogan Lovells International LLP runs a Libya desk from its Dubai office, with support in London and continental Europe; senior associate Tarek Eltumi in Dubai is a Libya-qualified lawyer who has been involved in a number of significant projects in the country.

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 worldwide

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