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Done on the Duna: Squire Patton Boggs Says "Bye" to Budapest

Done on the Duna: Squire Patton Boggs Says "Bye" to Budapest

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Squire Patton Boggs has closed its Budapest office.

According to a statement released by the firm, “earlier this year we closed our five-lawyer Budapest office. Since 1991, our Budapest office has played an important role in our cross-border offering and Central European practice, which also includes Bratislava, Prague, and Warsaw. We thank our colleagues in Budapest for all of their contributions to the firm and know they will continue to achieve success in their future endeavors. The firm remains fully committed to our Central and Eastern European clients and practice through our offices in Bratislava, Prague, and Warsaw.”

The decision to close its office follows only a few months after long-time Budapest Managing Partner Akos Eros took a team from the firm with him to Wolf Theiss as reported by CEE Legal Matters on September 11, 2018, leaving Partners Akos Mester and Judit Kelemen responsible for the day-to-day management of the office. When contacted by CEE Legal Matters for comment about Squire Patton Boggs' decision to close the office, Mester declined to comment.

Squire Patton Boggs also has an office in Moscow. It closed its Kyiv office in 2017. 

Hungary Knowledge Partner

Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

The firm advises a broad range of clients, including numerous multinational corporations. 

Our activity focuses on the following practice areas: M&A, company law, litigation and dispute resolution, real estate law, banking and finance, project financing, insolvency and restructuring, venture capital investment, taxation, competition, utilities, energy, media and telecommunication.

Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide.

The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

Firm's website.

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