Morocco > Law firm and leading lawyer rankings
Contributed by Hajji and Associes
2015 versus 2016 - What has changed in the last year that has impacted the way business is conducted?
MOROCCAN INVESTMENT CHARTER
Law No. 18-95 established the Investment Charter of October 3rd, 1995 and its enacting Decree No. 2-00-895 of 31st January 2001(hereinafter the ‘Decree’) provides several incentives for foreign investments in Morocco.
Under aforementioned regulation, any foreign investor must enter into an agreement with the government of the Kingdom of Morocco, which provides for the specific incentives granted to the investor while complying with regulations.
Legal market overview
Morocco has long enjoyed an important position on the global stage, thanks partly to its enviable geographical position at the intersection of Europe and Africa, and also to the efforts of King Mohammed VI to strengthen ties with major economies and ensure that the country is business-friendly. Foreign investment continues to find its way to Morocco, which, as a hub for North Africa and further afield, is an obvious choice for investors looking for a gateway to the region. Casablanca Finance City (CFC) remains a draw, allowing foreign companies to avail themselves of CFC status and favourable fiscal conditions by setting up headquarters in Casablanca.
Energy projects continue to keep law firms, both domestic and international, busy; the country’s potential for solar and wind power has been targeted, and a number of renewable energy projects are planned or under way.
On the domestic market, well-established firms such as Kettani Law Firm and Bennani & Associés LLP maintain their foothold, while international law firms such as Naciri & Associés Allen & Overy, Clifford Chance and Norton Rose Fulbright remain extremely active, often taking leading roles in major cross-border transactions.
Dentons opened an office in 2014, and was quick in establishing a position in the market thanks to the hire of Patrick Larrivé and Christophe Simonnet from UGGC & Associés. The opening of DLA Piper’s Casablanca office in 2015 further illustrates the appeal and importance of the country.
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.
Bakouchi & Habachi – HB Law Firm LLP
HB Law Firm LLP is a leading independent law firm founded by Mrs Salima with a long-standing reputation for delivering a high-quality service and adding value for clients. In addition to the firm’s expertise in a wide range of legal disciplines, the firm focuses on four global sectors: financial services and infrastructure; energy and natural resources; advanced manufacturing and technology services.
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Click here to read the feature.