The Legal 500

Pakistan

Editorial

Overview

The accession of a new government in Pakistan signals a time of change for the legal market. Whereas uncertainty blighted many transactions and investments during late 2012 and the early part of 2013, many firms are looking forward to a more fruitful 2014, anticipating an increase in deal flow and foreign investment. With the new government announcing plans for a new privatisation programme, firms are also expecting an increased amount of work in this field.

Energy remains an active area for the market with oil, gas, electricity, coal, wind, solar, biomass and hydropower all being strong areas of development. Telecoms, media and technology is also a key area for many firms with the introduction of 3G networks in the region and the increasing development and popularity of internet-based services such as e-banking.

Haidermota & Co merged with Bhandari, Naqvi and Riaz in August 2013 to create HaidermotaBNR & Co. and many firms expect further mergers over the next few years. Traditionally the market has been dominated by local firms such as Mandviwalla & Zafar, Orr, Dignam & Co and RIAA Law, which remain key players in Pakistan.

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