Ms Elvan Aziz > Paksoy > Istanbul, Turkey > Lawyer Profile


Work Department

Mergers and Acquisitions, Corporate and Commercial, Private Equity, Labour and Employment, Real Estate


Elvan Aziz is the partner heading the corporate practice of the firm, specialising in corporate and company law, employment and real estate matters. She has also been extensively advising sellers, strategic buyers and PE clients in M&A projects. Elvan regularly advises clients on corporate and commercial issues, including establishment of Turkish subsidiaries, corporate restructuring and restructuring of business, legal mergers and spin-offs and corporate governance. She also advises clients on individual and collective employment law matters, including implementation of management incentive schemes, strategy building on HR aspects of restructuring or closure of business, preparation and negotiation of individual and collective employment agreements and internal bylaws, dealings with the trade union as well as collective and individual termination of employees, including top management. Elvan has significant real estate practice expertise covering structuring of real estate development, including residential, commercial property and hotel development, drafting and negotiating relevant project agreements for developers and investors, as well carrying out legal land due diligence to determine whether the property is fit for its purpose. On the M&A side, Elvan has been actively advising clients in various industries for high profile and strategic transactions which includes cross border acquisitions and international joint ventures. She has been acting for foreign and Turkish private equity funds, pension plans, venture capitals and angel investors as well as strategic investors in their investments and acquisitions in Turkey, as well as advising Turkish selling shareholders and families in their transactions of different sizes and sectors.


English, Turkish


Istanbul Bar Association, International Bar Association


Maltepe University, School of Law
University of Sheffield, School of Law, LL.B.
Middle East Technical University, Sociology, LL.B.

Lawyer Rankings

Turkey > Employment

The ‘experienced’ and ‘high calibre‘ team at Paksoy advises international clients on day-to-day employment matters, Turkish labour law issues, and represents in litigation relating to issues such as termination, criminal background checks, and compensation. The practice works closely with the firm’s corporate, tax, and litigation teams on complex issues such as collective redundancies and work accidents, as well as working on regulatory compliance issues. The team is led by the ‘talented’ and ‘standout‘. Elvan Aziz, an advisor to major corporates on a range of employment issues, supported by senior associate Gülce Saydam Pehlivan.

Turkey > Commercial, corporate and M&A

(Hall of Fame)

Elvan AzizPaksoy

The team at Paksoy is regularly involved in large-scale cross-border transactions and also provides comprehensive corporate and commercial advice to multinationals relating to their operations in Turkey. Notable clients include Dow Chemicals, BNP Paribas, and BAE Systems, reflecting the firm’s broad sector expertise across heavy industrials, defence, energy, and financial services. Elvan Aziz co-leads the M&A team and heads up the corporate and commercial practice, showcasing strengths in transactional work and corporate governance. M&A co-head Togan Turan has significant regulatory expertise, handling competition filings and other strategic antitrust matters. Tech and IP specialist Stéphanie Beghe Sönmez also co-leads the M&A group.

Turkey > Real estate and construction

Paksoy advises on large-scale real estate development projects, handling deal structuring work, financings, transactions, developments and operational issues, working in close collaboration with the firm’s corporate and tax departments. Clients include major corporates in the retail, hospitality, energy, and defence sectors, real estate developers and banks. Standout matters include handling hotel and infrastructure developments on behalf of multinational clients operating in Turkey. The team is led by Elvan Aziz, who also heads up the firm’s corporate team and handles large-scale transactions and corporate issues for real estate clients.

Turkey > Restructuring and insolvency

Paksoy has standout expertise acting for lenders, advising a significant number of major international banking and financial services clients, including the EBRD and World Bank, on high-value debt restructuring, recovery, and refinancing matters. The team also advises corporates and borrowers on  reorganisations, debt restructurings, and bankruptcy proceedings. The team is led by Sera Somay, a specialist in banking and finance-related restructurings, bankruptcies, and debt investments,  Elvan Aziz, who handles corporate restructuring matters, and capital markets leader Ömer Çollak. Counsel Şansal Erbacıoğlu handles tax and other fiscal issues, while senior associate Doğuhan Uygun is an active commercial litigator.