In The Corner Office we invite Managing Partners at law firms across the region to share information about their unique roles. The question this time around: What is your favorite question when interviewing a job applicant, and why?
In order to ease the sophisticated and multifaceted disputes of today’s market; arbitration is started to become a widely selected resolution method also in Turkey similar to the global market; especially due to its concept of customizability, speed and efficiency. As each commercial transaction possesses a unique nature in terms of its components and conditions; the one who concludes complex transaction should be preferring arbitration; a tailor-made method of alternative dispute resolution.
Istanbul, as one of the most populated cities in the world with a population of almost 15 million people, uses various modes of public transportation which are metro, light rail, funicular, tram, suburban train, bus rapid transit, highway bus, sea bus, and ferryboat. Apart from these modes of public transportation, people in Istanbul often use private transportation which might be listed as private car, private highway bus, taxi, and sea taxi.
Ranking services form a critical part of the law firm landscape in CEE as around the world, and law firm marketing and business development functions in the region spend many weeks or months each year preparing their submissions for those ranking services they believe are most widely read and influential. Still, not everybody is convinced the ranking services are as effective or valuable as they could be. Thus, for this issue, we asked the law firm marketing and BD experts around CEE: “What one change would you most like to see made to the law firm rankings to make them more useful/effective?”
The Moral Law Firm has advised Borusan EnBW Enerji Yatirimlari ve Uretim A.S. — a joint venture of Borusan Holding A.S. and EnBW Energie Baden-Wurttemberg AG — on its USD 38.5 million acquisition of the Kiyikoy Wind Power Plant from Aksa Energy. The Cakmak Law Firm, Cakmak-Gokce Law firm, and White & Case advised Aksa Energy on the deal, which is contingent on approval from Turkey's EMRA and Competition Authority.
Moral Law Firm has advised the Kardesler Family on the sale of Tozmetal Ticaret ve Sanayi A.S., a powder metallurgy parts manufacturer focusing on hydraulic pump components for the European automotive market which reported sales of EUR 24 million in 2016, to GKN, a premier manufacturer of oil pumps and powder metal components. The Cakmak-Gokce Attorney Partnership, the Turkish arm of White & Case, advised GKN on the deal.
Although mediation process entered into force about 5 years ago, due to many reasons, it has not caught up the expected effect yet, however, it seems determined to change this trend. It is possible to resort to mediation for resolving all kinds of private legal disputes arising from acts or transactions of real and legal persons.