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Turkey > Commercial, corporate and M&A > Law firm and leading lawyer rankings


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  1. Commercial, corporate and M&A
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For some, Balcioglu Selçuk Akman Keki provides ‘the best advice at excellent fee rates’. Managing partner and head of corporate and M&A Galip Selcuk advised Bridgepoint on acquiring Peyman, a Turkish dried fruit, nuts and seeds producer, from its founders and Esas Holding. In another highlight, Selim Keki advised OMV on the sale of shares in OMV Petrol Ofisi and certain subsidiaries, including conducting due diligence and jointly drafting the share purchase agreement. Doğan Eymirlioğlu is ‘a highly knowledgeable and experienced lawyer, who inspires confidence at all times’, and Müfit Arapoğlu, who joined the firm in October 2015 from Clifford Chance, has experience advising local and international companies on M&A, particularly in the banking, cement, tobacco, media, manufacturing and food sectors. Other clients include Amway and Lesaffre.

The team at Bezen & Partners has ‘impressive business acumen and provides thorough and appropriate advice’. It has vast experience in the local market and a growing international client base, where it acts for names such as Bain Capital and Trelleborg. Serdar Bezen heads the corporate team, which operates from offices in Istanbul and Ankara. Murat Soylu brought substantial M&A and capital markets experience from his previous firm Pekin & Bayar Law Firm. Associate Uğur Sebzeci is also recommended.


Sengün & Sengün and Partners Law Firm

Commercial law is the largest practice area at SENGUN&SENGUN AND PARTNERS, and the firm offers legal assistance to its clients in relation with various commercial and business matters.

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The ‘very responsive’ team at Çakmak-Gökçe Avukatlik Bürosu has ‘very good English language capabilities’. Recently promoted partner Emre Özşar, experienced M&A practitioner Rozita Nigrin-Borden, local partner Ceylan Kara and senior associate Tuğçe Tatari are the key names. Tatari advised Gama on the sale of a combined 30% stake in Gama Enerji, a power and water infrastructure company, and Kara advised BBVA on its €1.9bn acquisition of a stake in Turkey’s Garanti Bank. Other clients include Cukurova Investments, and Dexter Axle.

The team at Esin Attorney Partnership, member of Baker & McKenzie International, a Swiss Verein is ‘comprised of very smart lawyers, who deliver high-standard work’. Duygu Turgut has ‘an excellent understanding of the law and the market, and is among the go-to people at the firm’ for corporate matters; she and Eren Kursun are ‘very bright, sophisticated partners’. Turgut advised Abraaj’s Anatolia Growth Capital Fund on acquiring a stake in Yu-Ce Tibbi Gerecler Ithalat Ihracat Mumessillik Sanayi ve Ticaret (Yu-Ce Medical), and also assisted Petgaz with transferring its bottled liquefied petroleum gas (LPG) business to İpragaz in an asset transfer deal involving two of Turkey’s leading LPG companies. Managing partner Ismail Esin is also noted. Other clients include Toyota and Cargill.

Hergüner Bilgen Özeke’s team is ‘very good in M&A work and can also handle corporate compliance matters’. Practice head Ümit Hergüner assisted Gulf Insurance Group with purchasing Turkish insurance company Turins Sigorta; Kayra Üçer advised Fiba on the $1.6bn sale of its shares in Fina Liman; and Kemal Mamak handled beIn Sports’ $1.2bn purchase of Digitürk.

Paksoy acts for clients such as BAE Systems, Symantec, MetLife and Comdata; Togan Turan advised the latter on all aspects of its acquisition of Win Bilgi İletişim Hizmetleri, a call centre services provider in Turkey. In another highlight, Sera Somay assisted Migros Ticaret with its acquisition of Tesco Kipa from Tesco Overseas Investments, handling due diligence and the drafting and negotiation of the share purchase agreement. Elvan Aziz advises sellers, strategic buyers and private equity clients in M&A matters, and Stephanie Beghe Sönmez is also highly regarded.

Pekin & Pekin’s team frequently handles investments and potential investments in Turkey for major multinational corporations. Senior partner Kemal Serdengecti, Yegân Liaje and senior associates Erenalp Rencber, Okan Or, Irmak Samir Yorukoglu, and Zeynep Sener are the names to note. Clients include Citibank and Turkish manufacturer Mutlu Akü.

Bener Law Office’s department head Erim Bener advised Selge on its joint venture partnership with Verifone’s Turkish subsidiary, Verifone Elektronik ve Danismanlik Limited Sirketi. In another highlight, Onur Kordel handled Fluidmaster’s acquisition of Keyteknik. Onur Küçük and Ali Cem Davutoglu recently left the firm.

Birsel Law Office’s team is adept at handling due diligence and day-to-day legal advice, as well as M&A in sectors including banking, real estate, insurance and telecoms. Recent work for the practice includes a due diligence exercise for GKN, a multinational automotive and aerospace components company, pertaining to its $776m acquisition of Fokker Technologies Group, a Dutch aerospace company. Hikmet Fadillioglu advises corporate clients including Sephora and Etam. Begüm Durukan Özaydin recently left to found Durukan+Partners.

Çaga & Çaga provides ‘quick responses and good advice at reasonable rates’. Idil Çaga Degerli advised a client on the renegotiation of its shareholder agreement and articles of association with regard to a joint venture. She and Erdem Değerli ‘have local and international experience and in-depth knowledge of all aspects of corporate and commercial law’.

Çakmak Avukatlik Bürosu provides day-to-day corporate advice, and also handles M&A. Clients include Gates Corporation, Sikorsky and APWireless. Zeynep Çakmak, Mesut Çakmak, and Çağdaş Evrim Ergün are the key names.

Cerrahoglu Law Firm’s team is ‘reputable and well informed’. Ayşegül Yalçınmani, Seda Akipek and Özge Esin Soley advised Pegasystems on its share purchase of Ultima Bilgi Teknolojileri.

ELIG, Attorneys-at-Law provides ‘excellent support, particularly in terms of response times, appropriateness of advice and depth of the team’. The firm’s sector expertise spans the retail, manufacturing and machinery, education and digital media industries, among others. New client wins include Pandora and Hutchinson. Nazlı Nil Yukaruç, who was promoted to partner in 2015, is ‘responsive and always keen to help’. Senior partner Tunç Lokmanhekim, Gönenç Gürkaynak and Kemal Korhan Yıldırım have ‘excellent knowledge and communication skills’.

Gen Temizer Ozer's key corporate partners Emre Ozer and Baran Gen advised NYSE-listed Archer Daniels Midland, one of many international clients, on the Turkish law aspects of its acquisition of corn processing facilities from Eastarch as part of a complex joint venture dissolution. The practice has wide-ranging expertise in the area, regularly handling M&A deals as well as commercial matters.

Kolcuoglu Demirkan Koçakli combines an active M&A team, headed by firm managing partner Umut Kolcuoğlu, with a corporate team, led by Serhan Koçaklı, focused particularly on advising companies with significant real estate activities on day-to-day matters. Clients include Turkven Private Equity, Hugo Boss and TPI Composites.

The team at PAE Law Office has ‘solid knowledge of insurance, corporate and commercial transactions, and adds value to projects’ due to its ‘dedication and hard work’. Work highlights saw the firm advising Cigna Corporation and Cigna Finans on Cigna Group’s proposed $54.2bn merger with Anthem. Gokhan Enkurunderstands the needs of the business sector and thinks outside the box’, and Kerim Pelister and Emre Atayilmaz are other names to note.

Turunç has notable expertise handling private equity matters. Noyan Turunç and Kerem Turunç are the practice co-heads; they advised Borsa İstanbul on its partial share sale to the EBRD. In another highlight, the team assisted the same client with purchasing all shares owned by the London Metal Exchange in LCH.Clearnet, a clearing house. Clients also include Camper Shoes, General Motors and Nissan.

At CCAO, Halide Çetinkaya Yılmaz’s work highlights have included advising Akbank on the senior, secured €158m debt facilities required to finance Actera’s acquisition of the Standard Profil group in Turkey and Spain.

The ‘extremely professional and responsive’ team at Çigdemtekin Dora Cakirca Aranci Law Firm includes the ‘kind of lawyers you want to have with you when negotiating a deal or contract’. Gamze Çiğdemtekin advised Astronergy Turkey on purchasing a number of solar power plant portfolios and Tuna Çakırca assisted Verifone with the sale of its technical services business to IQOR. Kağan Dora is also recommended.

At Ersoy Bilgehan Lawyers & Consultants, practice head Zihni Bilgehan is ‘a high-calibre lawyer who separates himself from the challenging Turkish market by providing results-oriented legal services in a timely manner’. He and senior associate Kerem Ersoy advised a major US hospital chain on its application to conduct medical research in luxury fitness centres in Turkey. İlknur Pekşen is active in the green energy sector and senior associate Leyla Ulucan is also recommended.

Goksu Safi Isik Attorney Partnership advises international and domestic clients on joint ventures and M&A, and provides day-to-day corporate assistance. In one highlight, Emre Ulcaylı drafted and negotiated a joint venture agreement between Kalyon and Malaysian company SapuraKencana TL Offshore pertaining to an underwater natural gas transmission pipeline in Turkey. Ali Göksu is ‘an outstanding lawyer with excellent contractual skills’, and Hasan Akıcıoglu, Fatma Gözde Akansel and Başak Göksu Gürbüz are other names to note. Gürallar and Ciner are also clients.

Gün + Partners’ lawyers are ‘efficient, clear and commercial in their advice, which they provide in excellent English’. Practice head Pelin Baysal is ‘excellent and very responsive’, and managing associate Ozan Karaduman and associate Ilgaz Onder are also noted.

Güner Law Office provides ‘an excellent’ service and is known for its strength in the TMT sector, while increasingly focusing on the mining industry. In one highlight, managing partner Ece Güner and managing associate Emir Jami advised Webhelp on acquiring majority stakes in Turkish call centre operators Callpex and Bin Çağrı. Ömer Erdoğan handled several matters for Platinum Group Metals, including assisting with a shareholder loan agreement, two share transfer transactions and share capital increase procedures.

The team at Gür Law Firm provides ‘fast responses and good advice’, assisting clients in the insurance, transportation, software and technology sectors. Practice head Sena Apakasuccessfully leads a strong team of lawyers’: counsel Evren Guldogan is the firm’s competition specialist, associate Berk Can Biren is ‘diligent, persistent and responsible’, and Tevfik Gur is also noted. Ahmet Akguloglu joined ATG Law Firm in 2016.

Moroglu Arseven’s team is ‘always available whenever a last-minute change requires a quick response’. Founding partner Seyfi Moroğlu has ‘great project management skills and excellent knowledge of M&A and corporate law’. Counsel Ülkü Solakalways exceeds expectations due to her technical skills, negotiation tactics and counter-party management abilities’, and Benan Arseven is also highly regarded. Clients include British American Tobacco, Samsung and Klinger Group.

Pekin & Bayar Law Firm advises sellers and purchasers on domestic transactions. Şefika Pekin heads the corporate practice, and Selin Bayar, Deniz Altınay and Ferhat Pekin are other names to note.

Baspinar & Partners Law Firm’s Ali Ceylan has ‘a deep understanding of corporate law matters’ and provides ‘practical solutions’. Gökmen Başpınar is also recommended. Global denim manufacturer Baykanlar Tekstil is a client.

Bilgiç Attorney Partnership often handles matters involving development banks and state agencies such as the IFC, the EBRD and Turkey’s Privatisation Administration. In one highlight, Haluk Bilgiç and recently promoted partner Ekin İnal advised majority shareholder Bank Audi and the nominee shareholders on the issuance of a $350m minority stake in Odea Bank to, among others, the IFC and the EBRD. Çağdaş Selvi left the firm.

Erdem & Erdem Law Office advises Turkish companies and investment groups that are active globally. Clients include Yıldırım, Akfen, Yingli Solar and Yılport; Ercüment Erdem and Özgür Kocabaşoğlu advised the latter on a share purchase agreement to acquire seven container terminals in Portugal, two container terminals in Spain and one in Peru. Gaye Spolitis and Tuna Çolgar were promoted to partner in 2016.

Gokce Yarali Attorney Partnership handles joint ventures and cross-border M&A deals, and has particular expertise in acting for small to medium-sized companies in the internet and technology sector. Practice head Gorkem Gokce and Ali Pasli advised Nevtron on a share purchase agreement.

Moral Law Firm’s ‘service is equal to global standards’ and it has notable strength in the renewable energy sector. Vefa Reşat Moral, Serkan Pamukkale and Bilge Binay Kanat are other key names.

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Legal Developments in Turkey

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Quarterly Update on Anti-Dumping Cases in Turkey (December 2017)

    In Turkey, the authority to initiate dumping or subsidy examinations, upon complaint or, where necessary, ex officio , is given to the Ministry of Economy ("Ministry"). Within the scope of this authority, the Ministry announces its decisions with the communiqués published on the Official Gazette.
  • Crowdfunding Legislation Introduced in Turkey

    I - Introduction
  • Launch of the Legislative Framework for Interest-Free Insurance Systems

    Within the context of the 10th Development Plan of the Ministry of Development and the 64th Government Program, aiming to develop interest-free finance mechanisms, the Banking Regulation and Supervision Agency is currently working to finalize a draft bill regulating the interest-free financing principles under a single roof. As part of such initiative, the Regulation on Principles and Procedures relating to Participation Insurance (the “Regulation”) was published in the Official Gazette on September 20, 2017. The Regulation has entered into force 3 months following its publication; i.e., on December 20, 2017.
  • DOJ Makes the Pilot Program Permanent and Announces FCPA Corporate Enforcement Policy

    The US Department of Justice ("DOJ") had announced a pilot program [1] ("Pilot Program") on April 5, 2016, which created new mitigation opportunities for companies that (i) voluntarily self-disclosed, (ii) cooperated fully, and (iii) took timely and appropriate remedial actions in FCPA matters that fell within the Fraud Section's mandate. The Pilot Program was to remain in effect for 1 year, starting from the day of its announcement. On March 10, 2017, the Acting Assistant Attorney General, Kenneth A. Blanco, announced in a speech that the Pilot Program would continue in full force until the DOJ reached a final decision on whether to extend it, and what revisions, if any, should be made to it. [2] The evaluation period of the Pilot Program ended on November 29, 2017, when Deputy Attorney General Rod Rosenstein announced the new FCPA Enforcement Policy ("Policy"), which effectively makes the Pilot Program permanent with some revisions. According to Deputy Attorney General Rosenstein, the FCPA Unit received 30 voluntary disclosures during the time period that the Pilot Program was in force, as opposed to 18 voluntary disclosures that were received during the previous 18-month period. The Policy has been incorporated into the United States Attorneys' Manual in order to "be readily understood and easily applied by busy prosecutors" as opposed to being promulgated in memorandum format. [3]
  • Effects of State of Emergency Law in Turkey On Prison Sentences Under Criminal Execution Laws

    With the Statutory Decree No.671 dated August 17, 2016, and the recent changes with Regulations No.29987 and No.29824 on Regulation Regarding an Amendment on Placement to Open Punishment Execution Facilities effecting execution of the Law No.5275 on Punishment Execution Law has introduced significant changes.
  • Disputes on Health-Related Commercial Advertisements under Consumer Law

  • 2017 FCPA Enforcement Actions and Highlights

    Overall, this was a less active year in terms of Foreign Corrupt Practices Act ("FCPA") enforcement actions, at least when compared to 2016. In 2017, the Department of Justice ("DOJ") took a total of 9 enforcement actions and the Securities and Exchange Commission ("SEC") took a total of 7 enforcement actions. Therefore, we observe that the DOJ has been more active than the SEC in terms of the number of enforcement actions this year. So far in 2017, we have witnessed only 2 declinations within the scope of the Pilot Program, [1] as opposed to 5 declination decisions in 2016.
  • Competition Board grants exemption to Tyre Industrialist Association's waste management plan

    The Competition Board recently published its reasoned decision on the Tyre Industrialist Association's application for an exemption for its Waste Management Strategies and Implementation Plan for Worn-out Tyres 2016 to 2020.
  • Regulation on Erasure, Destruction or Anonymization of Personal Data

    Regulation on Erasure, Destruction or Anonymization of Personal Data: First Prong of the Secondary Legislation

    Law No. 7036 Code of Labor Courts (‘Law’) published in the Official Gazette No. 30221 dated October 25, 2017; introduced fundamental changes in the settlement of labor disputes and abrogated the previous law on the subject Law No. 5521. The radical changes implemented with the Law No. 7036 are summarized below.

Press Releases worldwide

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