Legal market overview
A politically and economically stable country at the crossroads of Europe, Africa and the Middle East, the Kingdom of Morocco is an attractive proposition for international companies looking for a platform for their investments on the continent. The creation of Casablanca Finance City (CFC) was a significant step in positioning the country as a financial and economic hub for Francophone Africa; CFC status provides numerous advantages including favourable tax incentives aimed at attracting financial and professional services providers and multinational companies’ headquarters.
Morocco has invested heavily in renewable energy, in part to reduce its reliance on imported energy. The Ouarzazate Solar Plant is the first of five power stations to be built under the Moroccan Solar Plan. The Agadir desalination plant is another major project, which is intended to alleviate water supply issues.
The varied legal market offers clients a broad choice, from domestic, family-run law firms to major international players. Well-established local firms include Kettani Law Firm and the country also plays host to numerous French and Spanish law firms, including Gide Loyrette Nouel and Cuatrecasas, Gonçalves Pereira. International tie-ups include Naciri & Associés Allen & Overy. Numerous international firms without a physical presence in Morocco have dedicated teams focusing on Morocco and North Africa: Freshfields Bruckhaus Deringer and White & Case LLP are two key examples.
Firms in the spotlight
Benzakour Law Firm
Benzakour Law firm is a major business law firm in Morocco founded in 1968 by Abdelaziz Benzakour currently the Moroccan Ombudsman (Médiateur) and former Chief of the Casablanca Bar, the Moroccan Bars Association and the African Union Bars. Rachid Benzakour manages the firm. He was ranked first in the National Bar Exam (year 2000) among 7000 candidates, with a Master's Degree in Business Law (University of Montpellier, France).The main Areas of practice are: corporate, aviation, maritime law, ship arrest, real estate, energy, labour, tax law and debt collection.
Hajji & Associes
Hajji & Associés is an independent Moroccan law firm that has, since the mid-90s, developed high-level expertise in the international business law field. Hajji & Associés was established in 1996 by Amin Hajji.
The activities of the firm cover particular areas of international finance, company restructuring and mergers and acquisitions, energy and infrastructure, market entry plans, IT law, commercial litigation and international arbitration.
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