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The Legal 500 Hall of Fame Icon The Legal 500 Hall of Fame highlights individuals who have received constant praise by their clients for continued excellence. The Hall of Fame highlights, to clients, the law firm partners who are at the pinnacle of the profession. In Europe, Middle East and Africa, the criteria for entry is to have been recognised by The Legal 500 as one of the elite leading lawyers for seven consecutive years. These partners are highlighted below and throughout the editorial.
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Find out which law firms are representing which Foreign firms clients in Turkey using The Legal 500's new comprehensive database of law firm/client relationships. Instantly search over 925,000 relationships, including over 83,000 Fortune 500, 46,000 FTSE350 and 13,000 DAX 30 relationships globally. Access is free for in-house lawyers, and by subscription for law firms. For more information, contact


The country’s attorneyship law prohibits foreign law firms from practising Turkish law. Foreign law firms with offices in the country advise on international law, and use co-operation agreements with Turkish law firms to provide clients with Turkish legal representation.

White & Case Europe Danışmanlık Hizmetleri Avukatlık Ortaklığı maintains its affiliation with GKC Partners in Istanbul, whereas the association with Ankara-based Çakmak Avukatlık Ortaklığı ended in July 2016. The firm is particularly well known for its experience in banking, finance, capital markets, dispute resolution and cross-border M&A. In one recent highlight, the team advised Spanish bank BBVA on the €859m acquisition of an additional 9.95% stake in Garanti Bank. Asli Basgoz is the key contact.

Baker McKenzie has an alliance with Esin Attorney Partnership, Member of Baker & McKenzie International, a Swiss Verein and a wealth of experience in contentious and non-contentious work, including cross-border M&A, private equity matters and IPOs. The team’s expertise also spans real estate, compliance, competition, tax and employment law. Managing partner İsmail Esin and corporate lawyer Eren Kurşun are the main contact figures.

Jared Grubb heads Clifford Chance’s Turkey practice, which works in association with Yegin Ciftci Attorney Partnership. The firm is particularly active in the M&A, banking, project finance and capital markets practice areas. Recent highlights include advising a syndicate of six banks on the €1.02bn project financing for the construction and operation of a new cruise liner terminal.

Banking, finance and energy law are the main features of Dentons’ practice in Turkey, which operates in association with Balcıoğlu Selçuk Akman Keki. Tamsyn Mileham is recommended for her broad expertise in international banking and finance matters and Ian McGrath is particularly experienced in the energy sector. The client base includes Karadeniz Holding, Crescent Capital and HSBC.

Allen & Overy LLP’s Istanbul practice is led by Charles Lindsay, who is experienced in banking and project finance and is particularly active in the energy and infrastructure sectors. The firm, which has an alliance with Gedik Eraksoy Avukatlik Ortakligi, also advises on capital markets, loan facilities and M&A.

Following the return of former managing partner Matthieu Roy to the main office in Paris, Gide Loyrette Nouel’s Turkey practice is now jointly led by partners of the associated Özdirekcan Dündar Senocak Attorney Partnership. The full-service firm advises multinational clients on banking, finance, M&A, competition, tax, employment, insurance and contentious matters. Arpat Şenocak is recommended.

Kinstellar/CCAO has an alliance with CCAO and is led by Onur Taktak and Tolga Semiz. The team handles cross-border transactions, project finance and litigious matters and is particularly active in the renewable energy, banking and automotive sectors. Clients include JP Morgan, Akbank and Rabobank.

Norton Rose Fulbright recently entered into an association with Bilgiç Attorney Partnership, following its combination with Chadbourne & Parke in June 2017. The firm advises on all aspects of cross-border transactions, including corporate, compliance, regulatory and financing matters. Ayşe Yüksel Mahfoud heads the combined team, and Haluk Bilgiç is the main local contact.

Levent Çelepçi heads Türkoğlu & Çelepçi in cooperation with Schoenherr and handles matters related to capital markets, corporate and M&A, banking and finance, and real estate. Erhan Türkoğlu advises clients on disputes, administrative law and bankruptcy. The client roster includes OMV Petrol Ofisi, KSL Group and Kinetek.

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Legal Developments in Turkey for Foreign firms

  • Canan Doksat has joined Erdem & Erdem as Tax Counsel

    We are proud to announce that Canan Doksat joined Erdem & Erdem as Tax Counsel. Canan Doksat graduated from Koç University Faculty of Law in 2010. She continues her LL.M at the dissertation stage in Istanbul Bilgi University. She started her working life in 2010 at EY Turkey and worked as Manager in the department of Tax and Law.
    - Erdem & Erdem Law Office

Legal Developments in Turkey

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Amendments Introduced through Law No. 7101 on Arbitration Proceedings

    State courts have very important functions concerning arbitration proceedings. These functions may aim to provide assistance to arbitration proceedings, such as collection of evidence through state courts, which would support the functions of the tribunal, or functions aimed at supervision of arbitration proceedings, such as set-aside actions. The legal provisions regulating these functions play an important role in the determination of whether a particular state has an arbitration-friendly legislation.
  • Restrictions on Use of Foreign Currencies in Certain Agreements between Turkish Residents

    The Presidential Decree dated September 12, 2018, on the Amendment of Decree No. 32 on the Protection of the Value of the Turkish Lira (" New Decree "), introduced significant restrictions on the use of foreign currencies in certain agreements between Turkish residents. Below, we explain the scope of the New Decree and discuss possible issues and problems that may arise in relation to the implementation of the New Decree. We also assess the potential effects of the Communiqué (2018/32-51) on the Amendment of the Communiqué on Decree No. 32 on the Protection of the Value of the Turkish Lira (2008/32-34) (" Communiqué "), which was published in the Official Gazette on October 6, 2018, and lists the exceptions to the restrictions imposed by the New Decree.
  • Amendment of ICSID Rules and Regulations

    At the 2016 Annual Meeting of the Administrative Council, the International Centre for Settlement of Investment Disputes ("ICSID") launched an amendment process on its' rules and regulations ("ICSID Rules and Regulations"). This has been the fourth amendment process since 1984, 2003 and 2006. As per Article 6 of the ICSID Convention, the amendments will only be effective upon the approval of two-thirds of the contracting states2. Hence, ICSID invited contracting states and the public3 to provide their amendment suggestions on topics worthy of consideration, which will be used as background papers throughout the process.
  • Trust Liability in terms of Groups of Companies

    Article 209 of Turkish Commercial Code No. 6102 ("TCC") has set forth obligations that are subject to damage caused by the trust and reputation of the parent company, as created with society and the consumer. Accordingly, "in the event that the reputation of the parent company and the group of companies reaches a certain level which provides trust to society or the consumer, the parent company is liable for the trust created by utilization of this reputation".
  • Possibilities and the Results of Trademark Confusion

    Trademarks are the vehicles that are used to differentiate companies one from the other. They help to capture the consumers' attention. It is essential and necessary to protect trademarks that are created and improved with capital and effort, from unrightful use by third parties, and to prevent the encroachment of trademarks through confusion. One of the most efficient functions of intellectual property law is to encumber imitations, and to halt improper benefit by using the popularity of the trademarks to their consumers. On the other hand, in our daily lives, we often see trademarks that are similar, and may wonder how they co-exist at the same time. In this article, we will shed light on the reasons why similar trademarks can be registered, the criteria that cause trademark confusion, and the remedies to prevent and/or remove these infringements.
  • Capital Markets Board Issues an Official Announcement on Initial Coin Offerings and Crowdfunding

    The Capital Markets Board (" CMB ") issued an announcement on September 27, 2018, on its website and addressed the much-disputed status of digital tokens and Initial Coin Offerings (" ICO "). In this announcement, the Capital Markets Board stated that it does not regulate or supervise ICOs, and also noted that it does not regulate or supervise most practices in which blockchain technologies are being used, such as cryptocurrency offerings and token offerings.
  • Recent Measures to Support Financial Stability in Turkey

    The Banking Regulation and Supervision Authority (the “BRSA ”) and the Central Bank of the Republic of Turkey (the “Central Bank ”) introduced certain legislative changes, to support financial stability and sustain the effective functioning of markets, following the plunge in the value of Turkish Lira.>
  • Non-liability of the Shareholders and Piercing the Corporate Veil

    1.      Introduction
  • Non-liability of the Shareholders and Piercing the Corporate Veil

    1.      Introduction
  • Quarterly Update on Trade Defense Cases in Turkey, June 2018

    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.

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