Wolf Theiss > Sofia, Bulgaria > Firm Profile

Wolf Theiss
55 NIKOLA VAPTSAROV BLVD.
1407 SOFIA
Bulgaria

Bulgaria > Banking, finance and capital markets Tier 1

Wolf Theiss advises an impressive roster of domestic and international clients on cross-border financings, with new mandates continuing to emerge out of the IT sector, as well as project finance transactions. The team recently advised the lenders, including BSTDB and EBRD, on one of the largest project finance matters in Bulgaria, regarding the payment of the upfront concession fee due by the concessionaire of Sofia Airport. The team is led by Katerina Kraeva and Richard Clegg, who are supported by senior associate Jasmina Uzova, associate Konstantin Altandzhiyski and dual UK-Bulgaria qualified consultant Irina Dekova, who is praised for her cross-border experience.

Practice head(s):

Testimonials

‘We worked with Katerina Kraeva and Irina Dekova. I always felt I was in very safe and capable hands and was particularly impressed by the knowledge, experience and personal commitment of dual English and Bulgarian qualified Irina Dekova. The quality, thoughtfulness and pragmatism of her comments showed and international/cross-border experience, having worked in London for several years before returning to Bulgaria.’

‘Very responsive and solution oriented. Proactive in discussing legal solutions directly with counter-party.’

‘Katerina Kraeva is an excellent professional, very trustworthy, efficient and legally prepared. She is keen to add value for the client, including by ensuring cost control and providing out of scope legal feedback, as a commercial gesture.’

Key clients

Allianz Bank Bulgaria

Arco Capital Corporation and Business Park Sofia

Ares Management Corporation

Assurant Europe

Black Sea Trade and Development Bank

Coöperatieve Rabobank U.A. (Netherlands)

DSK Bank

DSK Bank

EBRD

Edmond de Rothschild Asset Management

Goldman Sachs Merchant Banking Division

H.I.G. Capital, LLC

IFC

International Bank for Economic Co-operation

JP Morgan Securities

Kommunalkredit Austria

Lloyd’s Insurance Company S.A.

Raiffeisenbank Bulgaria

Sensata Technologies

Societe Generale

Standard Profil

UniCredit Bank

UniCredit Bulbank

Work highlights

  • Advising the lenders, including EBRD, BSTDB, IFC, Kommunalkredit Austria, Societe Generale, UniCredit Bulbank, DSK Bank and UniCredit Bank, on one of the largest project finance transactions in Bulgaria, for the purpose of funding the payment of the upfront concession fee due by the concessionaire of Sofia Airport.
  • Acting for a syndicate of lenders, led by UniCredit Bulbank, on €117m financing to Overgas Mrezhi and €15m financing to Overgas Inc for the purpose of settlement of pending legal proceedings and funding the exit of Gazprom and Gazprom Export as shareholders from the Overgas Group.
  • Advising the bondholders on the Bulgarian law aspects of bond issuance with regards to the acquisition by Enery Development of Karadjalovo project, from Saudi-based ACWA Power.

Bulgaria > Commercial, corporate and M&A Tier 1

CEE leader Wolf Theiss fields a team of experienced practitioners, who handle a wide range of work both as lead counsel and local counsel, particularly in the technology and energy sectors, including major cross-border transactions. Richard Clegg leads the practice group and has notable experience in infrastructure, telecoms and energy transactions. Other key members of the team include Anna Rizova, who acts for pharmaceutical and industrial companies on commercial and regulatory matters, and Katerina Kraeva, who has experience in corporate and financial transactions.

Practice head(s):

Key clients

AEA Investors SBF LP

AIG

Alcinda

Apollo Global Management

Fordhouse Capital LLP/Backbone

InCor Holdings

Insight Venture Partners

Monbat

Nik Electronics

Soravia Group

Visa Europe

Mercell Holding/TWinc B.V.

Financial Times

Unipos Group

A&M Capital Europe

Glovo

Work highlights

  • Appointed to Visa’s panel for all legal work in CEE and advising on financial services regulation, corporate structuring, commercial agreements, governance, among other matters.
  • Advising InCor Holdings on corporate and commercial licensing arrangements for the exploration of its mining technology and provision of legal advice on its shareholder arrangements for bond issuing by LeadFx Inc.
  • Acted as local Bulgarian counsel to AEA Investors SBF LP on a US transaction, where the target had IT development and software teams in two entities in Bulgaria.

Bulgaria > Energy and natural resources Tier 1

Commended for its ‘deep understanding of the energy industry’, Wolf Theiss advises both domestic and multinational clients on a range of power-related mandates, such as conventional and ‘renewable energy projects and electricity trading’, among others. Specialist partner Radoslav Mikov, who focuses on regulatory matters and energy project developments, jointly leads the practice alongside Anna Rizova, who acts for clients in the electricity and natural gas sectors. Counsel Oleg Temnikov is praised by one client as ‘a brilliant energy and regulatory lawyer’.

Practice head(s):

Radoslav Mikov; Anna Rizova

Other key lawyers:

Oleg Temnikov; Katerina Novakova

Testimonials

‘The team has developed a deep understanding of the energy industry and the local marketplace in which we operate, tailoring their activities to our needs. I would rate their commercial awareness as very good also.’

‘I have worked mostly with Oleg Temnikov and Radoslav Mikov. Oleg Temnikov is a brilliant energy and regulatory lawyer. His advice is always accurate and comprehensive. He is among the leading individual lawyers in the sector in Bulgaria. Radoslav Mikov comes from the industry and is very practical and solution-oriented.’

‘Wolf Theiss have, in most offices, specialised energy teams. This is a huge advantage, as they can provide lawyers with appropriate experience and industry specific know-how. This is particularly relevant for the Sofia office, which hosts a large energy/projects team, with extensive experience in the sector. Their particularly strong areas are the renewables projects (development, construction and transactions) and electricity trading.’

‘Radoslav Mikov is very smart and passionate for his job, has good communication skills, knowledge of the law, strong writing ability and good judgement.’

Key clients

AresGas

Axpo Bulgaria

Elpedison Power Generation

Enerjisa Europe Korlátolt Felelősségű Társaság

MET Energy Trading Bulgaria

Protergia Energy / Mytilineos

Syndicate of five banks: International Bank for Economic Co-operation, and Sofia-based UniCredit Bulbank, Raiffeisenbank Bulgaria, DSK Bank, and Allianz Bank Bulgaria

Vesto

Engie Romania

Energeo

Work highlights

  • Advising the Bulgarian branch of the Swiss energy company Axpo on various matters regarding its activities in Bulgaria.
  • Advising MET Energy and Trading on a variety of matters related to their electricity and natural gas trading and operations in in Bulgaria and the region.
  • Advised Energeo, a Bulgarian independent energy trader, on PPA negotiations and amendments with a client.

Bulgaria > Projects and PPP Tier 1

Wolf Theiss handles top-end infrastructure projects, such as advising the European Investment Bank on the financing of the Bulgaria-Greece Interconnector project, as well as cross-border privatisations and concessions. The multidisciplinary team also represents the lenders, including EBRD, IFC and UniCredit Bulbank, among others, in the financing of Sofia Airport Concession. Managing partner Anna Rizova leads the practice group, which includes corporate partner Richard Clegg, whose expertise lies in infrastructure and regulated sectors, banking and finance specialist Katerina Kraeva and Radoslav Mikov, who handles a broad spectrum of energy-related mandates.

Practice head(s):

Anna Rizova

Other key lawyers:

Testimonials

‘Wolf Theiss has a strong collaboration network and partners across several jurisdictions.’

‘They understand the commercial aspects of the transactions and appreciate and try to accommodate the specifics of our institution.’

‘Their virtual workspace is user-friendly.’

‘The lawyers are very knowledgeable, diligent and pleasant at their business interactions.’

Key clients

EBRD, BSTDB, IFC, Kommunalkredit Austria, Societe Generale, UniCredit Bulbank, DSK Bank and UniCredit Bank (Lenders – Concession of Sofia Airport)

Axpo Bulgaria

Arco Capital Corporation

Soravia

European Bank for Reconstruction and Development

EIB

Vesto Energy

Work highlights

  • Advising the European Investment Bank on the financing of the Bulgaria-Greece Interconnector Project, extended to the Bulgarian Energy Holding and guaranteed by the Bulgarian State.
  • Advising as single local counsel South Stream Transport B.V, now – Turk Stream, on all matters in Bulgaria related to the construction and development of the offshore part of the South Stream gas pipeline from Russia to Europe, currently developed as Turk Stream.
  • Advising the lenders on the financing of Sofia Airport Concession.

Bulgaria > Dispute resolution Tier 2

The ‘well-balanced litigation team’ at Wolf Theiss  is recommended for ‘disputes in highly regulated sectors, including energy and banking’, and represents some of the largest energy companies in Bulgaria, including MET Black Sea Wind Parks and ERG Renew Group. Managing partner Anna Rizova, who specialises in commercial litigation, jointly leads the practice alongside Radoslav Mikov, who is a ‘reputed expert in energy disputes’. Praised as ‘one of the rising stars and future leaders in litigation in Bulgaria’, Oleg Temnikov has particular expertise in cross-border cases and insolvency proceedings.

Practice head(s):

Anna Rizova; Radoslav Mikov

Other key lawyers:

Testimonials

‘Wolf Theiss has an excellent dispute resolution team which provides valuable legal advice to the clients and their local counsel.’

‘We have worked with Oleg Temnikov, who was outstanding in providing quick evaluation and comprehensive reports on the case developments. Oleg is a quick-thinking, result-driven professional with impressive experience and legal knowledge.’

‘Wolf Theiss is particularly strong in complex disputes (such as disputes in highly regulated sectors, including energy and banking) and cross-border matters, where they have unique experience and know-how. For such disputes they are the best on the market, compared to local firms and the few international law firms on the market.’

‘Radoslav Mikov is a reputed expert on energy disputes. Anna Rizova is very experienced on commercial disputes. Both of them are very professional and have an excellent reputation in the market.’

‘I would recommend Oleg Temnikov. He is a very good lawyer, with international expertise in litigation and regulatory matters.’

‘They have very well-balanced litigation team, experienced in international litigation and arbitration. Being part of a global law firm helps them use the resources of their other offices and provide complex legal service that takes into account the specifics of various legal systems. Also, their key litigators in Bulgaria are vested with prolific practical knowledge for many sectors of Bulgarian business, which, combined with their international background and good negotiation, litigation and language skills makes them solid choices on the Bulgarian litigation market.’

‘I have worked most often with Oleg Temnikov, including now, on cross-border insolvencies and enforcement cases. He has an excellent reputation on the market, both in terms of legal skills and integrity, and in my view is one of the rising stars and future leaders in litigation in Bulgaria. Oleg is an outstanding lawyer, very knowledgeable, always responsive and efficient. He is particularly valuable on complex and cross-border cases, where he manages to handle all the different aspects and concurrent proceedings.’

Key clients

MET Black Sea Wind Parks

EQOS Energie Oesterreich

ERG Wind Bulgaria SPVs

GDDKiA

GE Aviation

Rietumu Banka

Scientific Games International

Vesto Energy

Work highlights

  • Representing the Polish State Road Agency in cross-border proceedings before Bulgarian courts and the Court of Justice of the European Union.
  • Representing 14 subsidiary SPVs of MET Energy in relation to legal proceedings against the Republic of Bulgaria, represented by the Ministry of Finance, as the liable entity in respect of the actions of the Bulgarian Parliament before Bulgarian Courts.
  • Advising Scientific Games International in the insolvency proceedings of New Games AD, the largest Bulgarian gaming provider.

Bulgaria > EU and competition Tier 2

Wolf Theiss has demonstratable experience in national and multinational merger control mandates, as well as competition compliance and state aid matters, and the team – which advised the banks on competition compliance and state aid matters relating to the financing of the Sofia Airport Concession – is praised for its ‘excellent industry and business knowledge‘. Practice leader Anna Rizova is noted for her regulatory and competition expertise, and acts for clients across the energy, telecoms and pharmaceutical sectors. Counsel and ‘first point of contact’, Hristina Dzhevlekova, is ‘highly competent and experienced in competition law’.

Practice head(s):

Anna Rizova

Other key lawyers:

Testimonials

‘When it comes to the competition practice, we can mention Anna Rizova and Hristina Dzhevlekova. Anna Rizova is leading the team with total dedication; she is very professional and is an expert in her field with a lot of practical knowledge. Hristina Dzhevlekova is our first point of contact if we have an issue. She is highly competent and experienced in competition law; one step ahead of most lawyers. What we value is her practical advice. She knows the law and the practice but also keeps track of the developments of the local regulator, so we always receive 360-degree advice with all pros and cons, a real (not theoretical) risk assessment and go-to plan. Even when working under time pressure, the quality and speed of her advice are impeccable. They both won’t crack under pressure. The team is indeed highly recommendable.’

‘In general, Wolf Theiss are among the most competent law firms in Bulgaria, in terms of legal expertise, but also as overall professionalism. We rely on their high principles of work, quality, confidentiality and compliance. Especially for competition matters which are very sensitive, it is important to have confident, practical and balanced advice – and this is what they provide. We have several successful projects completed with them in the last years (review of agreements with counter parties, placing and compliance of market strategy and campaigns, etc.). I am always impressed how smoothly and professionally they handle matters.

‘In the most competition matters, I work with Mrs Hristina Dzhevlekova. She is an excellent lawyer, has extensive knowledge, including an educational background, in competition law. Very hard working and available 24/7.’

‘We usually use the Wolf Theiss team for the complex competition work in Bulgaria (agreements with local contractors, new systems for the market, negotiations). We value the team for its expertise and multisided thinking. They are highly competent on the legal side but also have excellent industry and business knowledge and can guide us through the specifics of the local market and the competent bodies. They see the broader picture and their advice is not theoretical but will always offer a workable solution.’

‘The competition lawyers that I work with in Wolf Theiss are Hristina Dzhevlekova and Anna Rizova; both are highly professional and recommendable. Our main contact point is Hristina Dzhevlekova and she really makes a difference. She is very educated and has modern business thinking and is very competent in the competition field. We also like her manner of work and how she handles matters. Very professional, timely and dedicated. We feel very comfortable working with her. We like the fact that the team is senior level and so far, are more than happy with them.’

Key clients

Peek & Cloppenburg

EBRD, BSTDB, IFC, Kommunalkredit Austria, Societe Generale, UniCredit Bulbank, DSK Bank and UniCredit Bank

H.I.G. Capital

Kingspan

Sabre Corporation

Work highlights

  • Successfully advised a syndicate of lenders on regulatory and competition compliance, as well as state aid matters, in relation to the financing of the Sofia Airport Concession.
  • Provided merger assessment and competition support to Unicredit Bulbank upon structuring its credit financing strategy.

Bulgaria > Healthcare and life sciences Tier 2

The team at Wolf Theiss handles a wide range of mandates, from procurement and financing to licensing and corporate, and is advising biopharmaceutical company Celgene International Sàrl on compliance requirements and regulatory matters in regarding its business in Macedonia and Bulgaria. The team also acts for international R&D and generic pharma companies, including Eli Lilly, as well as clinical trials’ providers and medical devices manufacturers. Managing partner Anna Rizova, who focuses on antitrust and competition issues in the pharma and healthcare sectors, leads the practice group, which includes counsel Hristina Dzhevlekova.

Practice head(s):

Anna Rizova

Other key lawyers:

Key clients

Eli Lilly Romania SRL

Celgene International Sàrl

Work highlights

  • Advising Pfizer HCP on certain local aspects upon the merger of their UpJohn division with Mylan.
  • Advising on local corporate and other aspects of the separation of Merck into two divisions, MSD and Organon, with related local procedures and filings.
  • Providing support on corporate governance and litigation to IQVIA.

Bulgaria > Intellectual property Tier 2

Wolf Theiss advises domestic and international companies across the TMT, outsourcing, financial services, food and healthcare sectors on a range of matters, including the IP aspects of cross-border M&A deals, licensing agreements and prosecution of IP disputes before administrative and judicial courts. Transactional and regulatory partner Richard Clegg, who acts for technology-sector clients on IP matters, jointly leads the practice alongside managing partner Anna Rizova, who acts for global corporates in transactions involving the transfer of know-how.

Practice head(s):

Richard Clegg; Anna Rizova

Key clients

Square Inc. (Tidal)

The Financial Times

AEA Investors

Insight Venture Partners (GTM Hub)

Software Group

J.P. Morgan

IAC (InterActiveCorp)

NIK Agro

Industria Technology

Hero AG

Work highlights

  • Advised Square on IP and data protection matters vis-à-vis the Bulgarian operations of Tidal, the global music and entertainment platform.
  • Advised the Financial Times Group on the negotiation of a commercial “Build Operate Transfer” agreement with Xoomworks Ltd (UK) for the development of a software and IT business for the FT, and a core element of the BOT Agreement was the treatment of IP.
  • Advising IAC on the acquisition of a Bulgarian app developer working in the field of digital health solutions, and providing IP advice.

Bulgaria > Real estate and construction Tier 2

Wolf Theiss focuses on advising on the structuring of multi-phase projects and real estate investments, financing and corporate mandates for real estate companies, as well as acting as lead adviser to leading retailers, including international clothing company H&M Hennes & Mauritz, regarding commercial lease agreements. The multidisciplinary team also counts Strabag and Business Park Sofia among its key roster of clients. Managing partner Anna Rizova heads the practice with the support of Katerina Kraeva, who handles the financing aspects of real estate transactions. Senior associate Maria Nikolova is another key member of the team. In January 2022, the arrival of Radosveta Kojuharova from Kambourov & Partners further strengthened the offering.

Practice head(s):

Anna Rizova; Katerina Kraeva

Other key lawyers:

Maria Nikolova; Radosveta Kojuharova

Testimonials

‘The team is very well organised.’

‘Individuals are extremely dedicated to client’s interest.’

Key clients

Allianz Bank Bulgaria, DSK Bank, International Bank for Economic Co-operation, Raiffeisenbank Bulgaria, UniCredit Bulbank

Arco Capital Management LLC and Business Park Sofia

BSTDB, EBRD, IFC, Kommunalkredit Austria, Societe Generale, UniCredit Bank

CTP

Strabag

H&M Hennes & Mauritz

LLP

Peek & Cloppenburg

Work highlights

  • Acting as exclusive legal adviser to H&M Hennes & Mauritz in respect of its expansion in Bulgaria, including long-term commercial lease agreements in ten locations across the country.
  • Advising Strabag on corporate matters with regards to the various subsidiaries in Bulgaria as well as providing on-going advice on compliance matters.
  • Advising BPS Group on the refinancing of a real estate property and obtaining an additional loan for the construction of the new Building 16 within the territory of the largest office park in the Balkans.

Bulgaria > TMT Tier 2

The TMT practice group at Wolf Theiss handles high-end, cross-border transactions in the media industry, as well as financing mandates arising out of the telecoms sector, and counts Software Group, Visa Europe and Megaport, to name a few, among its key roster of clients. Corporate partner Richard Clegg, who has experience in the technology sector, in addition to handling TMT and IT-driven venture capital deals, jointly leads the team alongside managing partner Anna Rizova, who focuses on regulatory issues in this space.

Practice head(s):

Richard Clegg; Anna Rizova

Other key lawyers:

Key clients

AEA Investors

Financial Times

Insight Venture Partners

J. P. Morgan Securities

Megaport

Mercell Holding

NIK Agro

Software Group

Square Inc

Visa Europe

Glovo

Work highlights

  • Advising Glove, an online delivery service, on a multi-jurisdictional acquisition of food service companies, including foodpanda.
  • Advising Insight Venture Partners on a Series B investment into GTM Hub governed by New York law.
  • Advising Software Group as lead counsel, on the acquisition of IP and source code from Finastra for its Kenyan and other African business.

The firm: Wolf Theiss opened its first office in Vienna in 1957 and soon established a reputation as one of the region’s leading law firms. The firm has since grown into a multinational team of approximately 340 lawyers, making it one of the largest integrated law firms in the region. It has offices* in Albania, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Serbia, Slovak Republic, Slovenia and Ukraine.

This presence on the ground is one of the firm’s key strengths. It works in a fast-moving part of the world that requires deep local knowledge and experience. By combining expertise with a strong international network, the firm is well-placed to handle complex cross-border transactions with a high degree of speed and flexibility.

Apart from its local offices in 13 CEE/SEE countries, Wolf Theiss also offers extensive regional experience in other countries in the region, such as Kosovo, Montenegro and North Macedonia.

*The firm has regulatory frameworks within which it needs to comply. So by ‘presence’, we mean a legal form that is in compliance with all applicable laws and regulations in that country.

Areas of practice: Wolf Theiss’ full range of services covers financial services, competition and antitrust, corporate/mergers and acquisitions, employment law, energy and infrastructure, intellectual property and information technology, litigation and alternative dispute resolution, real estate and construction, regulatory and procurement, and tax. The firm’s dedicated practice teams provide in-depth specialist knowledge in their respective areas and collaborate closely to provide clients with seamless advice.

Bulgaria: Wolf Theiss is one of the largest law firms in Bulgaria. It has significant strength in all areas of corporate, M&A, banking, debt financing, project financing and capital markets, energy, telecommunications, pharmaceuticals, ICT and financial services. Its lawyers in Sofia have worked at senior levels for leading professional services, industrial and investment firms, have detailed knowledge of the political and business environment, and give practical legal support of the highest quality to a broad range of domestic and international clients.

DepartmentNameEmailTelephone
Financial services Katerina Kraevakaterina.kraeva@wolftheiss.com+359 2 8613727
Competition/antitrust Anna Rizovaanna.rizova@wolftheiss.com+359 2 8613703
Intellectual property Anna Rizovaanna.rizova@wolftheiss.com+359 2 8613703
Dispute resolution Radoslav Mikovradoslav.mikov@wolftheiss.com+359 2 8613719
Employment Anna Rizovaanna.rizova@wolftheiss.com+359 2 8613703
Energy and infrastructure Anna Rizovaanna.rizova@wolftheiss.com+359 2 8613703
Energy and infrastructure Radoslav Mikovradoslav.mikov@wolftheiss.com+359 2 8613719
Corporate/M&A Richard Cleggrichard.clegg@wolftheiss.com+359 2 8613701
Real estate Katerina Kraevakaterina.kraeva@wolftheiss.com+359 2 8613727
Regulatory and procurement Anna Rizovaanna.rizova@wolftheiss.com+359 2 8613703
Tax Richard Cleggrichard.clegg@wolftheiss.com+359 2 8613701
Tax Katerina Kraevakaterina.kraeva@wolftheiss.com+359 2 8613727
Telecommunications Richard Cleggrichard.clegg@wolftheiss.com+359 2 8613701
PhotoNamePositionProfile
Konstantin Altandzhiyski  photo Konstantin Altandzhiyski Associate.
Richard Clegg  photo Richard Clegg Partner, working throughout Central & Eastern Europe and South Eastern Europe. Richard…
Irina Dekova  photo Irina Dekova Constultant
Hristina Dzhevlekova  photo Hristina Dzhevlekova Counsel, specialising in competition and employment law.
Radosveta Kojuharova  photo Radosveta Kojuharova Partner. Radosveta’s core competences span from real estate due diligence and financing…
Katerina Kraeva  photo Katerina Kraeva Partner, Wolf Theiss, since 2014, specialised in Banking & Finance, Corporate, Tax.…
Zhulieta Markova  photo Zhulieta Markova Senior Associate.
Radoslav Mikov  photo Radoslav Mikov Partner, Wolf Theiss, since 2014; specialised in Energy, Sector Regulation, Public Procurement.…
Maria Nikolova  photo Maria Nikolova Senior Associate
Katerina Novakova  photo Katerina Novakova Counsel specialising in Regulatory, Energy, Public Procurement Concessions and Environmental Law. Katerina…
Yanitsa Radeva  photo Yanitsa Radeva Senior Associate.
Anna Rizova  photo Anna Rizova Partner; specialised in Energy, Competition & Antitrust, Corporate/Mergers & Acquisitions, Regulatory and…
Oleg Temnikov  photo Oleg Temnikov Counsel, specialising in dispute resolution, and particularly in administrative litigations, civil and…
Radena Tsvetanova  photo Radena Tsvetanova Consultant
Jasmina Uzova  photo Jasmina Uzova Senior Associate specialising in finance law, corporate law, tax law.
Number of lawyers : 340
at this office : 19
Bulgarian
English
French
German
Italian
Macedonian
Russian
Contact : Anna Rizova (local managing partner)
Other offices : Belgrade
Other offices : Bratislava
Other offices : Bucharest
Other offices : Budapest
Other offices : Kyiv
Other offices : Ljubljana
Other offices : Prague
Other offices : Sarajevo
Other offices : Tirana
Other offices : Vienna
Other offices : Warsaw
Other offices : Zagreb

At Wolf Theiss, we strongly believe that in a global marketplace, a company that employs a diverse workforce (both men and women of several generations and from ethnically and racially diverse backgrounds) is better able to understand the marketplace it serves, offers better and more unique perspectives and thus, is better equipped to thrive in that marketplace than a company that has a more limited range of employee demographics.

For us, uniting people and overcoming cultural divisiveness is part of our philosophy. By respecting each other, we have created a unique workplace camaraderie that spills over into our daily lives. Wolf Theiss considers itself to be politically liberal, not biased in any direction and imposing no restrictions on its workforce in terms of political view, religion, way of life, race, language and sexual orientation.

Our leadership team is comprised of 22% female partners, one of them within our management board, and 53% of our senior lawyers are women. We strive to stand at the forefront in the region, when it comes to gender diversity. We were one of the first law firms in the region to implement a maternity policy. Innovation initiatives at our firm are driven by female talent. We also encourage our lawyers to spend part of their daily work on firm-wide non-billable initiatives.

Wolf Theiss is proud to have been awarded Best National Firm – Work-Life Balance, 2021, Best gender diversity initiative by a national firm, 2020 and Best national firm mentorship programme, 2020 and to have been recognised as “Best in Austria” at the European Women in Business Law Awards 2019, 2018, 2017, 2016, 2015, 2014, 2013 & 2012, “Best in Croatia” at the European Women in Business Law Awards 2019, 2018, 2017, 2016, 2015, 2014 & 2013 and “Best in Romania” at the European Women in Business Law Awards 2016, 2015 & 2014.

CORPORATE SOCIAL RESPONSIBILITY

At Wolf Theiss we believe that success is a two-way street. Our financial success depends in large part on our doing quality work for our clients, so they come back to us and recommend us to others. But our success also depends on the support of the local communities where we live and work. They provide us with a great deal of input and impulses, including the talented lawyers and assistants who make it possible for us to do what we do. We all think it is essential that we give something back to the community.

One way to show our commitment to the community is by providing legal advice on a pro bono basis to clients who need legal help, but are unable to pay for our services. Our pro bono work is directed at clients whom we consider to be very deserving or who face legal issues that we believe are especially important to our communities or to society as a whole.