From Legal Startup to Market-leading Independent Law Firm: 15 Years of HP Legal

Analysis

Established in 2008, HP Legal has proudly completed 15 years of unwavering commitment to excellence in legal services. As we celebrate this significant milestone, we should look back and appreciate the journey that has led to our firm’s success, from humble beginnings to becoming a sought-after, market-leading independent business law advisory powerhouse in Hungary.

Since the 1990s, there has been a significant presence of international law firms in Hungary with the required knowledge and experience in finance and corporate transactions. However, over the past 15 years or so, a new generation of local lawyers has grown up, creating independent law firms that have evolved to supplement or replace those international firms, demonstrating the capability to provide legal services at a comparable, or even better, level. It is important to recognize the continuing success of independent Hungarian law firms, which in turn contributes to the success of the Hungarian economy. Our firm, HP Legal, is one of those critical, independent players.

With a growing reputation for diligence, integrity, and professionalism, HP Legal quickly expanded its reach and expertise. Combined with an unwavering commitment to client service and innovative legal solutions, the firm has continued to succeed. It now includes several talented attorneys, all striving to deliver exceptional legal services for the benefit of their clients. As a result, HP Legal is ranked among the top law firms in the country by numerous international and prestigious legal publications, with our partners consistently featuring in the list of top attorneys in their respective fields. We regularly cooperate with international law firms, working with their European, U.K. and U.S. offices, allowing us to contribute to significant local and international transactions.

In the face of the unprecedented challenges of recent years, HP Legal has demonstrated resilience and adaptability. As businesses and individuals faced legal complexities during the pandemic, the firm provided valuable guidance and support to clients to help them navigate these turbulent times. We quickly adapted to remote working and online solutions, seamlessly transitioning to digital platforms to maintain uninterrupted services.

The main focus of our legal advisory services is the negotiation and execution of domestic and cross-border business transactions, exploiting our extensive expertise and experience in banking, project finance, capital markets, M&A, private equity, corporate, real estate and commercial law. As a result, our lawyers have participated in the most prominent Hungarian infrastructure and greenfield projects, acquisitions, export finance, and real estate transactions, garnering a deserved recognition and reputation for excellence.

Our clients include the largest Hungarian financial institutions and corporate groups, as well as international companies, private equity firms and real estate funds. Our extensive network of connections with foreign law firms ensures we can provide services of the highest standards, flexibly and proactively, to meet and exceed the demands of clients locally and in other jurisdictions.

As HP Legal celebrates its 15th anniversary, the firm looks forward to a bright future marked by continued growth and innovation in the legal sector. With a commitment to embracing cutting-edge technology and adapting to the ever-changing legal landscape, HP Legal is poised to remain at the forefront of providing exceptional, client-focused legal services. The firm’s unwavering dedication to upholding its core values and nurturing talent will ensure its ongoing success and enduring legacy in the years to come. We see across Europe that strong, independent local firms have become an integral and vital part of the legal market, competing with global law firms. Our objective for the next 15 years is to remain a strong independent law firm, enhance our reputation and service offering, and, most importantly, continue to safeguard our clients’ interests at home and abroad.

This article was first published in the Budapest Business Journal print issue of June 2, 2023.

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