A law firm in Hungary has become very popular with both foreign and local companies. Read on to find out more about the background and services of KNP LAW in Budapest!
A law firm in Hungary has become very popular with both foreign and local companies. Read on to find out more about the background and services.
The best law firms in Hungary usually have an international background
One of the main reasons why many of its clients view as one of the best law firms in Hungary is the firm’s extensive international background. International law firms are highly sought after in Budapest, as they can not only help local businesses but provide legal advice for multinational companies seeking to do business in Hungary.
Legal compliance is one of the biggest challenges for foreign businesses seeking to expand their presence in Central Eastern Europe, but with the help of a professional law firm, this process can be much more stress-free and much less complicated than it needs to be.
No to mention that an international law firm in Hungary can represent the interests of your business in many different sectors, such as:
- Information Technology
- The pharmaceutical industry
- Green and renewable energy
What kind of international experience do attorneys have at one of the best law firms in Hungary?
Many of the firm’s lawyers have also had extensive experience in foreign legal proceedings in the United States before coming back to Hungary.
For example, the firm’s Head of Practice, Csaba Rusznak is also well-versed in international arbitration cases for cross-border procedures. He also specializes in litigation before US courts.
Before choosing to work at one of the best law firms in Hungary, he worked at one of the most eminent US law firms, Arnold & Porter. He mainly focused on international arbitration cases there. At the start of his career, Csaba Rusznak already acquired thorough knowledge about how US court procedures worked in practice by serving as a law clerk in several courts located in West Virginia and Louisiana.
In May 2020, he was appointed as a conciliator to the ICSID (International Centre for Settlement of Investment Disputes) Panel of Arbitrators and Conciliators.
LAW’s foreign legal counsel, Oliver Koppany focused on trade policy, export control, and economic sanctions in the US before providing legal advice in international pharma law (such as Central and Eastern Europe regulatory approvals) and commercial real estate transactions.
He moved back to Budapest from Washington D.C. to work at one of the best law firms in Hungary, where he is also responsible for a lot of business development tasks. Not only is he a registered Foreign Advisor with the Budapest Bar Association, but he is also a member of the U.S. District of Columbia Bar.
Oliver already spent time with law firms such as Foley & Lardner even before starting law school. Before moving back to Europe and during his studies in the US, he gained extensive experience in assisting clients with export control and anti-money laundering concerns, as well as economic sanctions. Under Willkie Farr & Gallagher’s Global Trade & Investment Practice Group, he also handled cases that involved the Committee on Foreign Investment in the United States.
How to hire the best law firm in Hungary and what services do they provide?
No wonder many multinational companies have chosen to go with KNP LAW international law firm in Hungary. The firm provides legal advice in over 15 different practice areas, thanks to a varied team of professionals ready to help all kinds of businesses. This extensive supply of legal services is another great reason why many companies consider this to be one of the best law firms in Hungary.
Here’s a little sneak peek at what kind of services they provide:
1. Real estate development and construction
Real estate transactions in Hungary can be quite complicated without the assistance of a law firm. The right attorney will look out for your best interests, negotiate on your behalf, and make sure that you are not taken advantage of.
2. Labor and employment law
The benefits of the Hungarian labor market have made it a prime location for many foreign investors in the EU. It is, however, a sensitive cultural and legal area, which often requires a unique solution. That’s where a law firm comes in to offer assistance.
3. Advertising law and consumer protection
With the rise of digital marketing, complying with advertising regulations is more crucial than ever. A professional law firm can provide you with a detailed strategy for protecting and growing your brand in Hungary.
4. European Union law
The EU is one of the largest markets in the world. The right law firm in Hungary can help you navigate your way through the complexities of EU legislation in many legal areas.
5. Pharmaceutical & life sciences law
The technological innovations of the healthcare industry are always changing, alongside the regulatory environment as well. This includes social reimbursement, budget and spending, and other general pharma issues. LAW’s firm in Hungary has already advised numerous regional and international key players in the healthcare industry.
6. Litigation, arbitration, and alternative dispute resolution
Whether legal disputes arise locally or abroad, this is one of the best law firms in Hungary for international arbitration cases. Their lawyers have already handled cases from many different industries in Asia, Latin and North America, and Europe. Their clients include non-profit groups, small and large businesses, and even private entrepreneurs.
7. Intellectual and property rights
With the propagation and ease of use of digital technology, the safekeeping of your brand’s property rights is more crucial than ever – more and more cases of IP infringements have appeared. A professional international law firm in Hungary can provide experienced counsel on how to strengthen the defenses of your intellectual property, and by extension, your competitive advantage.
8. Banking and financing law
As puts, it, “finance is the lifeblood of business”. You can count on the reputation and experience of one of the best law firms in Hungary to provide you with reliable legal advice in the banking sector as well.