The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon
ASIA HOUSE, 4 WEIZMANN STREET, TEL AVIV 6423904, ISRAEL
Tel:
Work +972 3 692 5960
Fax:
Fax +972 3 696 6464
Email:
Web:
www.hfn.co.il

The firm: Israel is a small economy with a large global presence. An understanding of this contrast makes HFN the first-choice firm for international clients looking to do business in Israel. HFN’s lawyers are familiar with local market conditions and, at the same time, provide legal services to the highest international standards. HFN is a true one-stop shop, whose domestic presence, combined with its international expertise, has made it the leading international law firm in Israel today.

HFN was founded over 40 years ago as a boutique firm aiming to provide highquality legal services to international clients doing business in Israel. Since then, it has grown to become Israel’s largest law firm, with more than 330 lawyers (of whom more than 130 are partners). The firm has expertise in all aspects of corporate, commercial and administrative law and serves many of Israel’s and the world’s bestknown companies. HFN’s clients include private and publicly traded industrial and commercial companies, venture capital and investment funds, financial institutions including local and foreign banks, hitech companies, government companies and entities, academic institutions and private individuals. HFN is a main contact for major law firms worldwide seeking legal support in Israel.

A major portion of HFN’s work originates outside Israel and is conducted in English. The firm employs over 50 foreign born and dual qualified lawyers with experience in major firms in the US, UK and Australia. The international character of HFN’s legal team gives the firm a broad understanding of global business culture. The size of the firm and the diversity of its practice (comprising over 50 departments, staffed with specialist lawyers) enable HFN to provide clients with a comprehensive and integrated solution for all legal matters relevant to their business.

Each of the firm’s clients has a designated partner serving as the key point of contact. As a result of the quality of work, a commitment to excellence and an understanding of the Israeli and global legal environment, the firm has earned a reputation for providing exceptional legal service and is widely recognised as a prestigious law firm in Israel. HFN’s commitment to excellence is reflected in its prominent status in all major international and domestic publications. Both the firm and numerous partners have received top-tier rankings for consecutive years in almost all major practice areas in leading directories including: The Legal 500, Chambers Global, IFLR 1000, BDI and Dun & Bradstreet. HFN is the mostly highly ranked amongst all Israeli law firms, and was selected as Israeli Law Firm of the Year by Mergermarket, IFLR, Who’s Who Legal and others.

The firm’s size enables HFN to have over 50 areas of practice with a fully dedicated team of partners and lawyers for each practice area. The heads of departments within the firm have been recognised as leaders in their fields by international and domestic research guides and rankings. HFN’s clients receive comprehensive legal services in a number of core areas, as well as expert legal advice from key support departments.

Areas of practice: Corporate, M&A, capital markets, securities, hi-tech: HFN’s corporate practice is one of the largest and most high profile practice groups in the Israeli marketplace. The corporate group’s large contingent of foreign qualified lawyers work alongside some of Israel’s leading corporate lawyers in crossborder mergers and acquisitions (private and public), securities and capital markets transactions. The firm has played a lead role in Israel’s largest M&A, capital markets and securities transactions in recent years, advising companies on all issues of corporate law, including crossborder transactions and international business, strategic engagements, corporate restructuring and other business activities. The capital markets and securities team advises on public offerings and private placements in Israel, the US and Europe, representing Israeli and multinational companies, investors, issuers and underwriters in placing securities on global stock exchanges. HFN represents and advises Israel’s major asset management companies. HFN is also a leader in the hitech sector, active in establishing and representing venture capital and private equity funds, and successfully accompanying many startup companies from early stage to significant exit. In recognition of the close cultural ties between Israel and Silicon Valley, and as the only Israeli law firm with an office in Silicon Valley, HFN provides a direct, real-time line of communication between the firm’s Tel Aviv office, clients and the wider Silicon Valley technology community.

Banking and finance: the banking and finance group has a diverse practice and is regarded as the clear market leader, representing major global financial institutions, including most of the foreign banks active in Israel and acting on behalf of most of the overseas banks active in Israel in all aspects of traditional lending, syndications, and financial instruments and derivatives. The expert team also provides legal services for major investment houses and securities brokers/dealers on all aspects of their business activities in Israel and in international and crossborder transactions. The project finance and infrastructure department is actively engaged in the vast majority of infrastructure and energy projects in Israel, and is one of the only departments with expertise in representing the state, regulators, concessionaires and financing banks.

Tax: HFN has one of Israel’s strongest tax departments. It is preeminent not only due to the scope of its practice and its expertise in international tax planning, but also due to its influence on Israel’s tax regime in general. HFN’s tax department is acknowledged as having some of the country’s leading tax experts, who have long been involved in structuring major international transactions, as well as obtaining landmark tax rulings which have shaped Israel’s hitech and venture capital industry. The department specialises in tax planning for Israeli and crossborder transactions of all types. Clients include a major portion of the multinational corporations active in Israel. The tax group also advises highnetworth individuals.

Commercial law: HFN provides comprehensive advice to multinational corporations with a presence in Israel, as well as to Israeli enterprises, on all legal matters relating to their commercial activities. By incorporating the expertise of other departments of the firm, particularly intellectual property, real estate, tax, regulatory and employment law, the team provides its clients with answers to all their legal needs, acting as advisers for strategic planning.

Regulatory/governmental: HFN’s lawyers have close working relations with many government departments. The firm represents clients before the authorities in Israel in regulated areas including banking, insurance, planning, telecommunications, defence and the pharmaceutical sector. HFN also has a dedicated team of antitrust lawyers dealing with all aspects of competition law in Israel.

Litigation and dispute resolution: with over 50 lawyers, HFN’s litigation and dispute resolution department is among the largest in the country. The department specialises in handling disputes in Israel involving an international or multijurisdictional element, disputes involving foreign litigants, and highprofile class action suits.

Sector expertise: HFN has also developed high-level sector expertise in a number of niche areas that are of major significance in the Israeli marketplace. It has specialist practice groups in areas including employment law, environmental law and public international law, intellectual property and real estate. HFN is a pioneer in establishing dedicated practice groups in sectors such as homeland security (including defence and aerospace), telecoms, ecommerce, online gaming and crypto-currencies.

  • Number of lawyers: 330+
  • Languages
  • English
  • French
  • German
  • Arabic
  • Hebrew
  • Russian
  • Chinese
  • Member
  • International Bar Association
  • World Law Group
  • Ius Laboris

Above material supplied by Herzog Fox & Neeman.

Legal Developments by:
Herzog Fox & Neeman

Legal Developments in Israel

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • INVESTMENT OPPORTUNITIES FOR HNWIs IN ISRAEL’S HI-TECH ECOSYSTEM

    Accredited investor funding platforms for innovative tech scale-ups offer more choice and without having to commit a large chunk of capital upfront, the risk is diluted.
  • Perhaps the QuadragaCX Story Will Have a Happy Ending

    While there are the aficionados who will say that cryptocurrencies will free us of the chains of the global financial institutions, on the occasions when the world of cryptocurrencies intersects with the world in which most of us live, the news is generally bleak. While you may not know one side of a Bitcoin from the other, you probably know that its value has crashed over the last 13 months, you may even have heard about some of some of the larger cryptohacks (that is computer heists through which digital currencies belonging to investors are stolen from crypto trading exchanges). And over the last week or so, you may have read on mainstream news sites about the death of Gerald Cotton the CEO of Canada’s largest cryptoexchange QuadragaCX. The death of the CEO of a company that few had previously heard of, was news of course, because in his passing he had taken the passwords to the accounts of his customers with him. The result of this being that about $140 million of their money was stuck somewhere between this world and the celestial ether in which Mr. Cotton now resides. Of course, it wasn’t quite told like that. We were fed terms such as “private keys,” lack of “multi-signature protection,” “cold storage wallets” and more readily understandable – “cryptofraud”. Again!
  • Israel Chapter in The Virtual Currency Regulation Review

    Earlier this year, the Israel Tax Authority (ITA) issued two circulars, one on the taxation of digital tokens and the second addressing the taxation of utility tokens in initial coin offerings (ICOs). Additionally, in March, the Israel Securities Authority (ISA) released a detailed interim report by the Committee for the Regulation of Public Offerings of Decentralized Cryptocurrency Coins (Report) (with a follow-up report due to come out around October 2018). Moreover, it is expected that before the end of 2018, legislation will come into force that for the first time will see Israeli primary legislation define virtual currencies as financial assets and mandate licensing for related services, as is later discussed in detail.
  • Spring is coming for real estate registration in Israel

    Israel may be the “Start-up Nation” and a world-renowned center of technological innovation, yet for many years the procedures and conduct of the Israeli Land Registry have been trapped in the past.
  • PLATFORMS FOR HIGH NET WORTH INVESTORS IN ISRAELI HIGH-TECH

    Israeli hi-tech and its sources of funding have grown and diversified tremendously since the bubble burst in 2001 and over the last decade since the height of the financial crisis in 2007-2008.
  • NONDISCRIMINATION IN 5G STANDARDS

    Nondiscrimination has been the neglected stepchild of the FRAND commitment. Patent owners participating in standards organizations typically commit to license their technology on “fair, reasonable, and nondiscriminatory (“FRAND”) terms.”
  • Crash Course on Non-Disclosure Agreements

    Non-disclosure agreements are a crucial, but often overlooked, tool in allowing startup companies to grow, build strategic partnerships and explore new business relationships necessary to develop their product or bring it to market. These agreements are often short (sometimes only a page or two) and lead many founders to forego legal advice to get past this "formality" and begin working with the other party to the NDA. Yet, NDAs are important agreements with potentially far-reaching implications for the protection of a company's confidential information and intellectual property, and mishandling of NDAs can come back to haunt a startup years later.
  • Advocates Eli Greenbaum and Ezra Gross of Yigal Arnon & Co. in The Lawyer Special Report editorial

    An interview-style piece in The Lawyer, Law in Israel: moving beyond tech, quoting Eli Greenbaum and Ezra Gross:
  • Publication of Adv. Adrian Daniel's Commentary in Private Banker International on GDPR & Blockchain

    Publication of Adv. Adrian Daniel's Commentary in Private Banker International on GDPR & Blockchain.
  • Article in MEA Markets on GDPR & Israeli Law

    GDPR & ISRAELI PRIVACY LAW - KEY DIFFERENCES Yoheved Novogroder-Shoshan & Miriam Friedmann of Yigal Arnon & Co. outline the key differences between GDPR & Israeli Privacy Law.  mea_markets_-_gdpr__israeli_law_-_key_differences_14.05.2018