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NGL Symbio Law Firm Alliance Prepares for Operational Launch in CEE

NGL Symbio Law Firm Alliance Prepares for Operational Launch in CEE

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The NGL Symbio law firm alliance has announced its creation in five countries of CEE, and its plans to be fully operational by January 1, 2021.

NGL Symbio's founding members include Poland's NGL Legal, Hungary's Erdos⎜Katona, the Czech Republic's Rowan Legal, Slovakia's HKV, and Romania's Biris Goran.

According to a statement released by NGL Symbio, "we’re moving forward and we are very proud to share that we have cemented our alliance of independent law firms with five partners in the CEE and we have just signed our RoC – Rules of Cooperation – based on our TRAQ values. This team becomes the heart of our alliance and we aim to offer support to our local and regional clients in the global economy. We strongly believe that our model will help regional clients to optimize management processes by making them more transparent, lean, and cost effective. Signing the RoC marks a significant milestone on our way to become fully operational on January 1, 2021."

"I firmly believe NGL Symbio offers a solution that is unique on the market as this alliance structure is built to respect the independence of each member, but at the same time, we are putting in place processes and tools that will allow to us create an organization that will have integrated services necessary to conduct cross-border projects," commented NGL Legal and NGL Symbio Managing Partner Krzysztof Wiater. "In that way, we will create an alternative choice for international law firms. Our offer is directed towards large and mid-market clients operating either locally and/or in the CEE/BBA (Baltics, Balkans, Adriatics) region. Additionally, we are working on an offering for start-up companies which will address specifics for this type of business. Recently, we have formalized our alliance in the CEE with our partners in the Czech Republic – Rowan Legal, Hungary – Erdos⎜ Katona, Poland – NGL Legal, Romania – Biris Goran, and Slovakia – HKV Law Firm, supported by NGL Services in all operational aspects. We believe such a formula is quite innovative itself as alongside the integration of services we are equally focused on building efficiency in operation and project management. Aside from CEE we also developed strong ties in the BBA region, and we are well connected in other jurisdictions (EMEA, APAC)."

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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