The Legal 500

White & Case Mü, Savirlik Ltd. Sti.

What we say about the firm's legal practice in Turkey

Banking, finance and capital markets

Within Banking, finance and capital markets,

Akol Avukatlik Bürosu has a strong track record in finance and capital markets work, and as part of the White & Case Müsavirlik Ltd. Sirketi network, the firm can draw on its impressive global resources. Meltem Akol is one of the main contacts. Past clients include UBS and Deutsche Bank.

Foreign firms

Within Foreign firms, White & Case LLP is a first tier firm,

White & Case Müsavirlik Ltd. Sirketi has the most established presence on the market through its affiliation with two market-leading local firms: Akol Avukatlik Bürosu in Istanbul, and Çakmak Avukatlik Bürosu in Ankara. Mirroring the relative strengths and differences between the Istanbul and Ankara legal markets, Akol Avukatlik Bürosu has an excellent reputation for corporate finance, while Çakmak Avukatlik Bürosu is highly recommended for heavily regulated industries such as energy and natural resources, as well as privatisation and project finance. Both firms invariably work closely with their colleagues in the wider global network, not least Asli Basgoz who oversees the Turkish operation, while dividing her time between Turkey and the US. Capital markets expert Laura Sizemore is also largely based in Turkey.

Legal market overview

Within Legal market overview,

Unlike some of its European neighbours, Turkey has been relatively unscathed by the global economic crisis. Law firms certainly experienced a dip in work, but for the most part managed well. The size of Turkey’s population and domestic market, plus the resilience of the banks has helped it weather the drop in foreign investment. It is perhaps for this reason that Turkey’s legal market has become increasingly attractive to foreign law firms. In 2009, there were just five foreign law firms operating in the market, with White & Case Müsavirlik Ltd. Sirketi the most prominent. 2010 saw the arrival of four more: DLA Piper Danismanlik Hizmetleri Avukatlik Ortakligi, Clifford Chance, Kinstellar Danismanlik Hizmetleri Avukatlik Ortakligi, and Schoenherr. Their official presence on the ground remains fairly small, but some of the associations they have formed, most notably DLA Piper Danismanlik Hizmetleri Avukatlik Ortakligi’s alliance with YukselKarkinKucuk, could make a lasting impression on the market (for more information see the ‘Foreign firms’ section).


What we say worldwide

Please choose another White & Case LLP office to view full details of what we say in that region, or choose from this list to view a specific editorial reference in context.

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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