Türkiye

Founded in 2011, İçtem Legal is a full-service firm with an office in Istanbul. It is a member of InterLeges a legal alliance with global connections.

Focusses / specialisms

The firm is recognized for its work in banking and M&A.

Banking work includes advice to borrowers and lenders in local and cross-border financing.

Key clients

Notable clients for the firm include Credit Suisse, European Bank of Reconstruction and Development, Turbomach. It also assists Turkish subsidiaries Volvo Financial Services and Danone Group Companies.

Client feedback: 31st edition (2020/2021)

M&A

"Strategic thinking, diligence, responsiveness, execution."

İnal Ünver Attorney Partnership, formerly Inal Kama Avukatlik until October 2020, and prior to that Bilgiҫ Avukatlık Ortaklığı in 2019, is an Istanbul based law firm. It had been the partner firm of global firm Norton Rose Fulbright up until September 2021.

Focusses / specialisms

The banking team is well regarded, advising clients on cross-border financing, loan restructuring and loan issues, as well as Islamic finance.

The M&A team advises on cross border deals. Stand out sector strengths include fintech, green finance and technology.

Key clients

Key clients for the firm include conglomerates like Koç Holding and its subsidiaries Avis Greece, AES Entek and Migors. Other clients include, Sandstorm Gold and Brookfield.

Client feedback: 31st edition (2020/2021)

Bank lending: Borrower side

"They are well equipped and have significant experience in this type of project and therefore are able to provide timely and valuable advice."

Aksu Çalışkan Beygo Law Partnership (ASC Law) is a full-service Turkish law firm founded in 2001 by Murat Aksu, Zeki Çalışkan and Okan Beygo. The firm is headquartered in Levent /Istanbul. The firm boast of having more than 80 qualified Turkish lawyers with experience in providing legal services to prominent financial institutions and corporations. The firm is very active and well known for its exceptional practice in banking and finance but also has good capabilities in debt and equity capital markets, M&A and project developments.

Highlights 

The firm advised TC Ziraat Bankası on its $742 million and €884 million Syndicated Term Loan Facility provided by a consortium of banks with Dhabi Commercial Bank PJSC, Emirates NBD Capital Limited as the joint coordinators, Emirates NBD Capital Limited, Standard Chartered Bank and Sumitomo Mitsui Banking Corporation, London Branch as the ESG Coordinators and Mizuho Bank, Ltd. as the Facility Agent.

The firm also advised Altınay Savunma Teknolojileri on its $50 million Initial Public Offering of shares on BIST Stars Market.

The firm advised Kalyon Güneş Teknolojileri Üretim on its $4902 million Initial Public Offering of shares on BIST Stars Market.

Key clients  

Alcazar Energy Partners, Altınay Savunma Teknolojileri, Osmanlı Yatırım Menkul Değerler, TC Ziraat Bankası, and Türkiye İş Bankası.

Testimonials  

“They are very corporate - they answer our questions in a timely manner and provide us with satisfactory and useful information. They are sincere and always support us legally.” – Equity Capital markets Client

“He provides very fast and legally satisfying information. He is always ready to answer our questions and always ready to help us.” - Aras Coşkun

(2024/2025)

"ASC Law excels in handling complex projects with precision and efficiency. Their expertise in drafting and negotiating contracts for major aviation and energy projects is exceptional. Their deep legal and technical knowledge, strategic thinking, and attention to detail consistently meet our high standards. The team's versatility and commitment to client needs make them a top choice for this type of work." - Energy Project Development Client

"What we appreciate most about ASC Law is their unparalleled expertise and deep understanding of the energy sector. Their team stands out due to their ability to provide comprehensive and strategic legal guidance, tailored to our specific needs.  ASC Law's approach is highly collaborative, ensuring clear communication and a thorough understanding of our objectives. The team's meticulous attention to detail and proactive problem-solving skills have consistently ensured compliance with intricate energy regulations and industry best practices." - Energy Project Development Client

"They are fast, reliable and provide high quality services." - Private Equity Client

"They are full knowledge about project finance, very constructive and customer focused." - Project Finance Client

“He is highly smart and responsive, listens very well and comes up with highly useful solutions.” - Can Payal

“Fulya Sert Topçu is exceptionally responsive and accessible at any time. She consistently provides solution-oriented advice. Her commitment to delivering practical solutions and her extensive knowledge in the field ensure that our transactions are handled with the highest level of professionalism and competence.” - Fulya Sert Topçu

“Levent's expertise spans across drafting and negotiating complex agreements, with a particular focus on energy projects, including renewables, hydro plants, and public-private partnerships such as airports and malls. His profound understanding of both legal and technical aspects of these sectors enables him to provide highly specialized advice, ensuring precision and strategic thinking in every project he undertakes.” - Levent Yetkil

“Customer focused, well knowledgeable and accessible.” Levent Yetkil

Based in Istanbul, full-service law firm, Bozoğlu İzgi Attorney Partnership, was founded in 2013.

Focusses/specialisms

The firm is known for its M&A and project development work with a particular focus in the energy sector. The firm represents clients in a matter of sectors including pharmaceuticals, energy, and mining.

Key clients

The firm has working relationships with clients such as Merck, AbbVie, Nivea Beiersdorf Turkey, Herbalife Nutrition, LR Health and Beauty, Bayer, FarmaMondo, Excelya Turkey, Bausch and Lomb, Astellas, Santa Farma, Alternatif Enerji and MS Pharma.

Research period review: 32nd edition (2022/2023)  

During the research period, the firm advised in energy project development deals.

Client feedback: 32nd edition (2022/2023)

Banking and finance                                                                                     

"Supportive and meticulous."

Financial services regulatory                                                                                               

"They work with lawyers who are experts in their field. Feedback and communication is very good. They are result oriented and detail oriented."

M&A                                                                                       

"Client and detail oriented. Very knowledgeable in corporate law. They provide a premium service."

"Practical and client oriented."

"They had been leading us well regarding competition rules as well as commercial regulations."

Private equity                                                                                    

"BozogluIzgi Attorney is really responsive and thorough; they are very clear with their assessments and always happy to help with our questions. They have aided us on several corporate matters."

Project development: Energy                                               

"First of all, they have a very dynamic team, they are very experienced in the energy sector and their ability to take action very quickly are the three most important characteristics of the company."

"Their business-minded approach is the most add-value aspect in an M&A process. They have a very good understanding of where our interest really stands. We also appreciate their diligent working style and good command of our legal issues."

Necdet Can Artüz      

"He is generally well versed in the subject. He's a good leader. Very good at coordination. Expert in direct selling. Very good in commercial dispute processes."

"Expert in his field. High communication skills. Evaluation and predictions are on point."

Sevi Bozoğlu

"Practical and client oriented."

Feridun Izgi   

"Always accessible, very proficient in his expertise, high problem-solving skills."

Mehmet Feridun Izgi 

"Always accessible, very proficient in his expertise, high problem-solving skills."

"Commercial-minded lawyer while sticking to ethics of law perfectly. He is very good on competition rules and regulations as well as M&A structurings."

"First of all, he has very strong communication skills and manages the process in a very transparent way."

"Feridun has a client-oriented approach and a very good understanding of what are our business needs. He is a hands-on partner and always follows closely what his team is doing regarding our projects. In addition, his selection of team members assigned our projects has always provided us with positive results."

Fatma Kucuktuncay  

"Very supportive."

"She is very responsive and is always willing to help on our queries."

CE Partners is a leading Turkish law firm established in 2011 and has since been working in cooperation with Clifford Chance. The Istanbul-headquartered firm has competent Turkish qualified legal practitioners, notably partner Itır Çiftçi and Sait Eryılmaz. The deal team regularly advises large international and Turkish banks, government entities and companies in banking, debt and equity capital markets, M&A and projects work. The team has great capabilities in Türkiye achieving top tier ranking across relevant practice areas.

Highlights 

The firm advised UK Export Finance (UKEF) and Standard Chartered Bank with the €249 million UKEF and KUKE-covered green financing to Kalyon Enerji,

The firm advised BNP Paribas, Goldman Sachs International, JP Morgan Securities and Deutsche Bank among others as joint bookrunners on a $500 million senior secured notes issued by WE Soda Holdings Investment.

In M&A the firm recently advised Actera Group on the acquisition of Vector Yatırım Holding and Tam Finans Faktoring by MNT-Halan.

Key clients  

Actis, Arçelik, HSBC, Rönesans Holding and Türkiye Wealth Fund.

Testimonials  

“Their team demonstrated exceptional command over complex legal structures.” – Project finance Client

“They maintained high responsiveness across multiple stakeholders.” – Project finance Client

“Their advice extended beyond legal drafting to strategic risk mitigation.” – Project finance Client

“Sait Eryılmaz, Basar Kirka, and Melisa Mengü consistently led key workstreams with professionalism and clarity. Their ability to work across jurisdictions, manage multi-party negotiations, and deliver under pressure was repeatedly praised by sponsors.” – Project finance Client

“What impressed us most is the combination of deep project finance expertise and strong commercial acumen. The team has an exceptional ability to anticipate lender sensitivities while ensuring the sponsor’s strategic objectives remain intact. They are highly responsive and available, often going beyond expectations to address urgent issues. Their advice is consistently clear, pragmatic, and solution-oriented, not just theoretical. They also demonstrate strong cross-border coordination, leveraging Clifford Chance’s global network while providing highly tailored local insight. This blend makes them stand out as a trusted partner for sponsors in large-scale infrastructure financings.” – Project finance Client

“We are very much satisfied with CE Partners’ service.  We benefit from their cross-border capabilities, experience due to involvement in nearly all major financings in Turkey and commercial approach.  We feel that we can always rely on their legal advice.  They are good at turning their technical legal capabilities to practical solutions.” – Restructuring Client

“"Basar played a central role in drafting and revising critical legal documents. He ensured smooth communication and alignment across stakeholders: Basar was instrumental in pushing documents to execution." - Project finance Client

“Başar has shown an exceptional blend of legal expertise and commercial acumen. His knowledge of Turkish law as it applies to complex project documents is outstanding, and he has an impressive ability to interpret and explain local legal nuances in a way that is practical and actionable for sponsors. He also has a very commercial mindset, consistently aligning legal advice with the financial and strategic objectives of the project. His clarity, responsiveness, and proactive approach make him a highly reliable advisor in high-stakes transactions.” - Project finance Client

“We know that Başar has long term experience in the banking and finance area and is one of the key contacts in the market.  Also, he always finds solutions that work for all parties when negotiations are locked. He is also easy to reach and always willing to assist us.  He is good at overall transaction management and able to maintain good relationship with all parties involved.” - Project finance Client

Hansu is a Turkish leading full-service law firm established in 2000. The firm is headquartered in Istanbul and has offices in London in addition to having cooperation with leading offices in major cities such as Ankara and Izmir. The firm provides legal services to both domestic and international clients. The deal team in Istanbul is led by managing partners Omer Faruk Hansu and Ata Torun. The firm has a focus on M&A transactions with peculiar strength in mining and energy industry sectors. The firm also advises on project transactions.

Highlights 

The firm advised a client on its $10 million acquisition of shares in a company in Austria. The firm assisted with the legal due diligence and reviewed the transactional documents.

In project development, the firm advised a client on the development of a residential real estate project by a prominent Turkish construction company.

Testimonials 

“Hansu has better returns.” Financial Services regulatory Client

“They are solution-oriented, know how to reach a resolution quickly, and offer practical solutions.” – M&A Client

“What stood out to me about Hansu Law Office was their deep understanding of expropriation law and their strategic approach to negotiation. They didn’t just accept the initial offer from the authorities, they thoroughly evaluated the true market value of my land, brought in independent experts when needed, and persistently pushed for a fair outcome. Their communication was always clear and professional, and I felt fully supported throughout the process. The team’s dedication, legal expertise, and no-nonsense attitude truly set them apart.” – Project finance Client

“He knows Turkish and International Jurisdiction and is capable of describing it openly.” – Ata Torun

“He quickly engages in reasoning and develops solutions tailored to the situation at hand.” - Ömer Faruk Hansu

“Ömer Faruk Hansu, as the managing partner, is truly a dealmaker. He combines legal expertise with sharp negotiation skills and a strategic mindset. He immediately understood the complexity of my case and focused on securing the best possible outcome. His intelligence, confidence, and ability to think several steps ahead made a real difference. You can tell he’s not just a lawyer he’s a problem-solver who knows how to get results.” - Ömer Faruk Hansu

Miran Legal is a Turkish independent law firm founded in 2017 by Mustafa Aksarayli. The firm is headquartered in Istanbul with offices in Ankara and Izmir, among others. The team consists of well-seasoned legal professionals led by Ceren Şanlı Budak. The firm advises both domestic and international clients on legal transactions and offers quality, fast and effective solutions to their clients. The Turkish team is known for its banking practice where it mainly on loan transactions.

Highlights

The firm advised Eroğlu Holding on the $50 million, $15 million and $10 million financings provided by Arab African International Bank.

Key clients  

DNM Textile San. Ve Tic and Eroğlu Holding.

Kilinc Law & Consulting is a Turkish law firm established in 2014. The firm has its headquarters in Istanbul from where it provides legal advice to domestic and international clients. The firm has a team of Turkish qualified legal practitioners managed by Partner Habip Tas. The firm is particularly known for its work in the M&A sector where it advises clients on acquisitions and financial investments.

Highlights

The firm advised Turkcell Telecommunications on the €100 million ECA backed non-recourse financing backed by Swedish Export Agency EKN provided by HSBC Bank Middle East.

The firm also advised Kızılay İçecek Sanayi ve Ticaret Anonim Şirketi on its acquisition of 100% stake in DGNY Tarım ve Hayvancılık Sanayi Ticaret Anonim Şirketi.

Key clients  

BUPA ACIBADEM GROUP, Mersin International Port, Nordex, SOCAR Group Companies [SOCAR Turkey Enerji A.Ş. & subsidiaries and affiliates], Turkic Investment Fund, and Turkcell Telecommunications.

Testimonials

“They are a great team, knowledgeable, and working for high profile clients on large mandates.”- Investment funds Client

“Kilinc Law & Consulting distinguishes itself through its strong sectoral expertise in energy and cross-border M&A. Their team combines in-depth knowledge of Turkish regulatory frameworks with a practical, commercially oriented approach that adds real value to complex transactions. We particularly appreciate their responsiveness, clarity in communication and strategic thinking, especially in matters involving geopolitical sensitivities and sanctions. They’ve proven to be reliable and proactive partners, able to integrate well into a multi-jurisdiction advisory team and contribute meaningfully to high-pressure, high-value negotiations.” - M&A Client

“Hardworking and dedicated team. Positive attitude.” - Private equity Client

“Clearly communicating, nice to work with, very knowledgeable.” – Gökçe ERGÜN

“From our experience working closely with Seray Özsoy in the context of the Lukoil Neftohim Burgas transaction, I can confidently say she brings exceptional value to high-stakes, cross-border matters. Seray combines deep technical expertise in M&A and energy with strong commercial awareness and a practical, solutions-oriented mindset. What stands out most is her ability to navigate complex regulatory and geopolitical issues with clarity and precision, while always remaining focused on the client’s strategic objectives. She is responsive, highly organised, and consistently proactive qualities that are essential in dynamic, multi-jurisdictional transactions like this one. Her leadership and coordination within the Kilinç team have been seamless, and she has proven to be a reliable and trusted counterpart throughout the process. Working with Seray gives us confidence that Turkish legal aspects of the deal are being handled at the highest standard of professionalism and expertise.” - Seray Özsoy

“Duygu is an excellent lawyer. She has a very sharp business mindset. She has excellent client management and team building skills.” – Duygu Doğan Şahiner

Koç Attorneys at Law is a Turkish independent law firm headquartered in Istanbul. The firm has offices in Bodrum and Antalya. The firm advises on a broad spectrum of business law issues. The firm has a team of Turkish legal professionals with expertise in advising both local and international legal transactions. The team is led by managing partner Alper Koç. The firm is particularly known for its M&A practice where it advises mostly on financial investments.

Key clients  

Ecomercek Analiz ve Danışmanlık Hizmetleri, MBC Group - Middle East Broadcasting Center, Milvus Robotic, O3 Medya and QInvest Portföy Yönetimi.

Testimonials

(2024/2025)

"They were on time well prepared. The team is experienced and well educated." (M&A Client)

"They are incredibly personable, thorough and always happy to help." (M&A Client)

Güleryüz Partners is an Istanbul-headquartered full-service law firm established in 2015. The firm also has an office in Ankara. The firm is member of Eurojuris International, enabling it to connect with other law firms and offer legal services to clients in more than 50 jurisdictions. The firm has a team of about 20 Turkish qualified legal professionals with experience in advising on local and international transactions. The firm is particularly known for its banking and M&A practice.

 Highlights 

The firm advised Mercan Kimya Sanayi ve Ticaret on its $1 million acquisition of 30% stake in Fevup Brands.

Key clients  

Mercan Kimya Sanayi ve Ticaret and Tiryaki Agro Gıda Sanayi ve Ticaret.

Testimonials 

"They can evaluate every process from 360 degrees and be prepared for various alternatives. In addition to their very valuable immediate legal support, they also provide advice by considering many angles, including secondary legal impacts, relationship with counterparties and authorities, other potential consequences of each decision etc." (Banking Client)

"Güleryüz Partners has a business-mind as well as being always dependable regarding correct legal advice. Their assistance in structuring the deal does not solely rely on legal terms and how the process should be run on a legal end but are also very quick to respond to the requests regarding the business aspect of the deal." (Banking Client)

"Very professional services, good inter-cultural communication, excellent services." (Restructuring Client)

“Yasemin is always responsive, very well at meeting deadlines and is able to find a compromise in matters that sometimes seem like a deal-breaker on a business end. She is able to set the tone in a discussion and is very persuasive as to structuring a deal.” - Yasemin Keskin, Firm Senior Associate

“Excellent communicator She perfectly understands the needs of our firm and adapts to it, taking into account a business perspective (not just legal). She is one of the best legal advisors I have worked with worldwide.” Yasemin Keskin, Firm Senior Associate

“Zahide is very well educated, had in depth experience, very focused, able to evaluate situations from very broad perspectives, add great value not only with her legal advice but also with her ability to negotiate fairly that makes her to be respected a lot by her counterparties.” - Zahide Altunbas Sancak, Firm Partner 

KECO Legal is an Istanbul-based independent law firm based in Istanbul established in 2019. and supports its clients in all key areas of law. The firm provides legal services with a client-oriented perspective and provides legal solutions from an effective and commercial point of view. The deal team is made up of prominent young and vibrant legal practitioners who are expert in their respective practice with specialty in solving complex legal issues. The firm is known for its practice in banking and M&A.

​ Highlights

The firm advised Kabkom and its shareholders in acquisition by Hexpol AB of 80% share capital in Kabkom.

The firm also advised Cypher Games and its founders as lead transaction counsel in its bridge investment round, securing an aggregate investment of $10 million.

Key clients  

Constructor, Hiwell, Kabkom, Param, and Teknochem.

Testimonials

“They’re always fast and excellent negotiators. In situations where I would normally settle for lower terms, they help me stand my ground and secure much better deals. At the same time, their global law firm network enables us to operate internationally and manage cross-border legal matters effectively.” – Investment funds Client

“Excellent services. They are fast and they know what they are doing.” – M&A Client

“They are fast and practical.” – M&A Client

“What makes them stand out is the quality of their legal services at an international standard while their prices are competitive similar to local firms. Their partners are always reachable and hands-on, while their associate team is responsive and knowledgeable.  KECO overall have a solution-oriented approach and provide commercially viable solutions for complex legal matters that we encounter.” – M&A Client

“What stands out about KECO Legal is the responsiveness of the entire team, their strict adherence to deadlines, and their strong commercial awareness. During negotiations, they don't just assess issues from a purely legal perspective but also provide comprehensive evaluations that take into account the client's broader commercial interests. This ability to balance legal precision with commercial practicality adds significant value to their support.” – M&A Client

“What truly sets them apart, however, is their deep experience with startups, scale-ups, and M&A transactions. Despite having U.S. local counsel involved, I place such strong trust in KECO Legal that I do not move forward on any key strategic matters without first consulting them.” – M&A Client

“Exceptionally responsive, commercially pragmatic, and fluent in cross-border M&A.” - M&A Client

“He knows how to be strategic for the business decisions and success. He work not for higher profits, but for the success of the business — which makes them the kind of partner you’ll want to work with for many years.” – Berk Cin

“He is practical and hands on.” – Berk Cin  

“Berk Cin couples deep technical know-how with swift, reliable responsiveness—he anticipates issues, proposes pragmatic solutions, and keeps communication clear and timely.” – Berk Cin

“Ozkan has an extensive legal and business background with extensive market knowledge in Turkey. He possesses great communication and negotiation skills, which is very critical as a financial advisor to have on our side on the deal.” – Özkan Özdoğan

“Özkan Özdoğan is highly regarded for his ability to navigate complex negotiations with a calm and composed approach, consistently securing strong outcomes for his clients. His in-depth knowledge across various legal domains allows him to deliver well-rounded and insightful advice. Coupled with his entrepreneurial mindset, he goes beyond standard legal guidance to offer strategic, client-specific solutions that align with broader business objectives.” – Özkan Özdoğan

“He stands out for his unique ability to combine sharp legal expertise with a calm, solutions-oriented approach — a rare and invaluable combination in high-pressure transactional environments. His exceptional negotiation skills consistently lead to favorable outcomes, even in the most complex and time-sensitive deals.” – Özkan Özdoğan

He has built a responsive, collaborative team at KECO Legal, and his leadership ensures that the client’s experience is seamless and personal. Working with him feels like having a strategic partner at the table — one who genuinely cares about outcomes, not just deliverables." – Özkan Özdoğan

“Özkan Özdoğan stands out for his ability to identify legal and commercial risks early, communicate them clearly, and offer pragmatic, business-focused solutions. He is particularly effective in cross-border transactions, managing complex regulatory issues and coordinating with international stakeholders seamlessly. His responsiveness, legal precision, and client-first approach make him a trusted advisor.” – Özkan Özdoğan

Develioglu & Dag is one of the oldest Turkish law firms established in 1953. The firm is headquartered in Istanbul. The firm offers legal advice to both domestic and international clients on different areas of law including banking and finance, M&A, and project development.

Highlights

In Banking the firm mostly advised on factoring deals for Tradewind Faktoring.

In M&A the firm advised on financial investment, acquisitions, and joint ventures across several industry sectors.

In Project development the firm advised on tender offers, public-private partnerships, licensing and permits.

Key clients 

Alpha Calcit, Kobil, and Tradewind.

Testimonials  

“"They demonstrated deep expertise in the mining sector and a strong knowledge of regulatory procedures, which was critical for our operations in Turkey. They guided us through a complex and highly regulated process with remarkable precision and efficiency.” – Project development Client

They were responsive and detail oriented. This gave us confidence. We also appreciated their ability to anticipate potential issues before they arose, ensuring a smooth and timely execution of our project." – Project development Client

“Uner Dag has deep sectoral knowledge. We benefited greatly from his calm authority and clarity.” - Uner Dag

Okat Law is an independent Turkish law firm based in Istanbul. The firm was established in 1997 by Y Özge Okat after 25 years of transactional and regulatory legal practice, 12 years in law firms and 13 years at the Capital Markets Board. The firm offers high quality legal services to both international and local clients across diverse practice areas including Banking and finance, and Capital markets.

Key clients 

Dinamik Investment Securities, Gedik Investment Securities, Gelecek Asset Management, Packaging Industry, and Seğmen Kardeşler Food Production.

Testimonials

“Professionalism, experience, deep knowledge, promptness.” – Financial services regulatory Client.

“He has deep knowledge of banking, regulatory and corporate legislation. He is highly experienced, business oriented, and solution driven. He is deemed as highly trusted and responsible.” – Özge Okat

Akol Law is a full-service firm based in Istanbul. It employs 20 lawyers, including four partners.

Focusses / specialisms

The banking practice advises banks and corporate clients in syndicated loans, secured financing and debt restructuring. The team advises both borrowers and lenders in complex cross border deals.

It has a well-recognized M&A group, advising on large cross border transactions. It advises both buyers and sellers. 

In equity capital markets the firm is highly active, working on a large number of IPO’s. Debt capital works sees the firm involved in many Eurobond issues, as well as covered bonds and structured financing.

Projects work includes project development and finance, where on the development side the firm is involved in many of the jurisdiction’s healthcare PPP’s, energy and infrastructure projects. In terms of project finance, the team tends to work on the lender side for banks and financial institutions.

Key clients

Among the clients of the firm are Actera Group, Aygün Cerrahi Aletler, Ekol Ofset, Elekta Solutions, Global Yatırım Holding and Human Care.

Client feedback: 32nd edition (2022/2023)

M&A

"Kindness, calmness"

"Very competent team, including Tugce Tatari, partner and lead on our project, one of the very best M&A lawyers I have ever worked with."

Çakmak

Established in 1993, Çakmak Attorney Partnership is a full-service firm, based in Ankara and Istanbul. It employs 27 lawyers, including eight partners.

Focusses / specialisms

The standout practice of the firm is project finance and development, with a particular focus on power.

The banking practice often represents lender as well as borrowers and sponsors in project finance transactions.

M&A advises mostly in energy and infrastructure and spans other sectors like telecommunications, healthcare and finance. Advice is given to both buyers and sellers, with a focus on strategic investors.

Key clients

Among the clients of the firm are Bank Julius Baer, Bayerische Landesbank, Ceska Exportni Banka, Assystem, Bluecap Resources, ENGIE, Tatneft Oil, Rönesans and Sonatrach Joint Venture, Rönesans Holding, ERG Group, Turkey Wealth Fund and European Bank for Reconstruction and Development.

Client feedback: 32nd edition (2022/2023)

Project finance

"Very constructive and up to date approach."

Project development : Energy

"They are very responsive, diligent, and make you feel comfortable when you are working with them."

Established in 2016, Ergün Law Firm has offices in Istanbul and Ankara, where it employs nine lawyers, including three partners.

Focusses / specialisms

The firm is active in banking, particularly in financing energy and infrastructure projects. It represents international and local banks.

The M&A team assists clients in distressed M&A, as well as project acquisitions. 

Key clients

Among the clients of the firm are ISS Global and ISS Tesis Yönetim Hizmetleri, Türkiye Kalkınma Ve Yatırım Bankası Anonim Şirketi and Economic Cooperation Organization Trade and Development Bank.

Client feedback: 32nd edition (2022/2023)

Project finance

"The company has a very experienced team in project finance transactions. They are very punctual and always solution-oriented."

Restructuring

"They are the expert of Turkish Law but not also Turkish law- they very well know the requirement/compliance/contradicts related to foreign law especially in terms of project finance and banking law."

Gedik & Eraksoy is a top tier firm in the banking and project finance areas. The firm works in association with international firm Allen & Overy. It is based out of its Istanbul office in Şişli.

Focusses / specialisms

In banking the firm advises lenders and borrowers on loans, refinancing, syndicated loans, project financing, bridge financing and debt restructuring deals. The firm stands out for work on innovative ESG-linked loans.

Key clients

Among the clients of the firm are Tukiye Is Bankasi, Garanti Bank, Citigroup Global Markets Asia, Yapi ve Kredi Bankasi, EBRD and Garanti Bank, International Finance Corporation, Bank of New York Mellon, JPMorgan Securities, UniCredit Bank, Standard Chartered Bank, Merrill Lynch International, Citigroup Global Markets, Aviva Group Holdings, Aegon, Hive Enerji and Prysmian.

Client feedback: 32nd edition (2022/2023)

M&A

"Extremely thorough, flexible, and knowledgeable."

Project finance

"They are well aware of details in not just of a project we are working with, but also other similar PPP projects in the market. So, their views are not solely based on legal perspective, but they also take into account applicability/realistic aspects. They are proactive and they always try to find solutions and/or common grounds etc."

Established in 1996, Güner Law Office operates out of its Istanbul office and a smaller office in Ankara.

Focusses / specialisms

The firm is known for its banking and finance work, as well as its M&A and project development practices. Its banking practice advises lenders and borrowers in loans and trade financing and is also active in project finance.

Key clients

Among the clients of the firm are Limak Çimento Sanayi ve Ticaret and Limak İnşaat, Öksüt Madencilik Sanayi ve Ticaret, Egis Tünel İşletmeciliği, Ferro Corporation, Huhtamäki Holding, Syneos Health and Öksüt Madencilik Sanayi ve Ticaret.

Client feedback: 32nd edition (2022/2023)

Project development : Mining

"Reactive."

PPP/PFI

"Prompt feedback. Proactive approach. Strong background."

Özbek Attorney Partnership was founded in 1972 and is based in Istanbul.

Focusses / specialisms

The firm is known for its M&A work and it is also recognised in the capital markets area.

The firm advises buyers and sellers in M&A transactions including joint ventures and cross-border M&A. Sector wise, the firm is experienced in working in food & beverage, energy, fintech and technology.

Key clients

Notable clients for the firm include Simona, Affinion, Intelcia group, Sanko Holding and Ferrero.

Client feedback: 31st edition (2020/2021)

M&A

"Besides their utmost legal competence, their language skills and being accessible round the clock (due to time zone differences) are very important, since we do a lot of international work."

"Disciplined and thorough in their work - right level of attention to detail, without getting lost in the big picture - friendly, personable to work with."

"They approach the deal from a risk/value perspective and bring their expertise to the table in a manner for the business to easily understand and relate to. They are knowledgeable, punctual and always attending the client's needs."

Established in 1968, Egemenoğlu is based in Istanbul, where it employs over 50 lawyers, including five partners.

Focusses / specialisms

The firm works well across financial and corporate law, with a particular focus on debt restructuring.

M&A and corporate work includes experience in mergers, de-mergers and investments. The team works in cross-border M&A and primarily assists clients on the buy side.

Key clients

Among the clients of the firm are Escar Turizm Taşımacılık Ticaret, Burcu Gıda Konservecilik ve Salça Sanayi, Delivers AI Robotik Otonom Sürüş Bilgi Teknolojileri, Derindere Fleet and Uludağ Türk.

Client feedback: 32nd edition (2022/2023)

Capital markets : Equity

"The experienced team of Egemenoglu managed to set the whole process and systematically worked towards the transaction until it was accomplished. Especially the ability interact effectively with authorities and to comprehend and respond rapidly th eneeds of authorities accelerated the process."

M&A

" Well aware of the relevant laws, advising to protect client's interests and rights, warning client about the negative aspects of the agreements."

Özdirekcan Dündar Şenocak was founded around 25 years ago. It is based in Istanbul and is a full-service law firm.

Focusses / specialisms

The firm’s biggest strength is its M&A practice area. The firm is also active in banking and project finance.

Key clients

Key clients for the firm include BNP Paribas, EBRD, International Finance Corporation and Société Générale Milano.

Bener Law Office is a full-service Turkish law firm established in 2001. The firm is based in Istanbul and is part of several legal networks including Interlex Group and Globalaw. The firm has a team of 49 Lawyers, including 11 Partners, supported by Counsel, interns, paralegals and other professionals.

Highlights

The firm is notable for its strengths in M&A, where it advises important clients from a wide range of industries. It has a particular focus on the oil and gas sectors.

Key clients

Azelis, Eta Group, Fineksus, Huber, and Prolink.

Testimonials

“Leading Partner - Bahar Hanım's contribution, technical knowledge, guidance and ability to navigate through complex issues and providing solutions to the problems were exceptional.” – M&A Client

(2022/2023)

"Very well handled the whole process." - M&A Client

"They provide very detailed and meticulous work with the support of valuable and experienced law professors" - M&A Client

Established in 1997, Esin Attorney Partnership is affiliated with Baker Mckenzie International, representing the firm in Turkey. It is based in Istanbul employing over 90 lawyers including 14 partners.

Focusses / specialisms                                                                                                                                       

As one of the strongest firms in turkey, it is active in all areas of financial and corporate law. It is a market leader in banking, capital markets and M&A.

Banking is a prominent area for the firm, where it advises large, international clients, as well as local institutions, as borrowers and lenders, in acquisition finance, securitization, Islamic finance, loans and credit facilities.

The capital markets department is active in debt and equity markets, advising representing underwriters in Eurobond issues and green bonds. The team also advises clients in IPO’s and secondary offerings.

M&A work is a standout area for the firm, working on innovative deals for the jurisdiction on both buyer and sale side transactions.

The projects department is active in fiancé and development, representing sponsors and project companies. Work includes cross-border financing and PPP’s.

Key clients

The firm worked for banks like JP Morgan, Akbank and BNP Paribas. It advised Turkish conglomerate Koc Holding, ICT ICTA and Enerjisa Group.

Client feedback: 31st edition (2020/2021)

Bank lending: Borrower side

"They give 24 hours, 7 days service whenever needed. Their approach and attitude are very professional and kind."

Bank lending: Lender side

"They guide well without leaving any room for questioning further."

Banking and finance

"We are working with Muhsin Keskin as the head of the banking & finance team of Esin Attorney Partnership. He has a deep knowledge of banking and finance law-related matters. He has the ability to address complex situations and explore new structures. Also, while making necessary assessment to find legal solutions, he considers business needs as well. He is a really client-friendly, always accessible, hard-working, professional and disciplined legal adviser with a good attitude. He leads the banking & finance team of the law firm and the team members we are in contact with also display the similar attitudes to Mr Keskin."

Capital markets

"They are extremely up to date about the legislation and procedures. They are well organised, punctual in meeting the deadlines and easy to work with."

Capital markets: Debt

Experienced, knowledgeable, collaborative, accessible."

"They were easy to communicate with; gave clear, accurate information and opinions; were ready to discuss questions or give alternatives; facilitated decision-making; facilitated our contact with London when needed."

M&A

"Very responsive, solution-oriented, great characters to work with, very high integrity and professionalism."

"Very well versed in Turkish corporate law. Very good at analysing and managing interdependencies between corporate, stock listing and anti-trust law."

Project development

"They are quick and make to-the-point comments. They have expertise and good knowledge about the implementations in the sector."

Project finance

"Positive and supportive attitude, diligent work."

Bezen & Partners was found in 2007. Its headquarters are located in Istanbul and the firm has additional offices in Mersin and Ankara.

Focusses / specialisms

Bezen & Partners focuses on project finance and development work but is also active in the banking, capital markets and M&A areas.

In banking, the firm acts for borrowers and lenders on refinancing, project financing, corporate financing and loans matters.

In capital markets work the firm mainly advises underwriters on bond issues in the debt side and on IPO’s in the equity side.

The M&A team works in sectors like healthcare, oil and gas, energy, consumer goods, infrastructure, financial services and mining. The firm advises joint venture partners, acquirers and sellers. 

In project development the firm represents sponsors, contractors, developers and project companies on energy, infrastructure and oil and gas and PPP projects in healthcare.

Key clients

Among the clients of the firm are European Bank for Reconstruction and Development, Akfen Holding, Akkuyu NGS Elektrik Üretim, Rönesans Holding, Meridiam, BRS Sağlık Yatırım Anonim Şirketi, Steag, Solarpower Elektrik Üretim Anonim Şirketi, Hitachi Zosen Inova, PNE Wind and Public Power Corporation.

Client feedback: 32nd edition (2022/2023)

M&A

"They provide very detailed and meticulous work with the support of valuable and experienced law professors."

Project development : Energy

"No language barrier."

Based in Istanbul, Kolcuoğlu Demirkan Koçaklı is a full-service firm founded in 2007, that employs approximately 80 lawyers, including eight partners. It is part of several legal associations including South East Europe Legal Group, Energy Law Group and Cathay Associates, to name a few.

Focusses / specialisms

The firm has a notable financial and corporate offering, advising in banking, capital markets and projects. The firm is particularly well known for its Islamic financing and M&A work.

The banking team is very capable, advising clients on complex loan agreements, refinancing deals and project finance.  A notable area of work for the firm is Islamic finance, where it has experience introducing new products to the market. 

The firm known for its M&A practice, where it assists on cross-border deals for local and international clients. It advises buyers and sellers on strategic and private equity acquisitions. 

Projects work stands out of its energy and infrastructure departments. The energy team advises on power, natural gas, renewables and nuclear energy projects. The infrastructure team has good experience with PPP projects, in particular infrastructure related to energy projects.

Key clients

Among the clients of the firm are ORIX, QTerminals, Aquaman and Murat Can Ertöz, Blutv, Ema Kimya, Glencore and TPI Composites.

Client feedback: 32nd edition (2022/2023)

Financial services regulatory

"They are knowledgeable efficient and very responsive."

Private equity

"Well-organized, trustworthy, has a very strong partner in deals on the table, detail-oriented, strategic thinking."

Durukan+Partners

Established in 2017 Durukan+Partners is a full-service firm based in Istanbul, where it employs 14 lawyers including two partners. It is part of the First Law International Network.

Focusses / specialisms

Despite the firm’s recent establishment, it has a good offering for the size and age of the firm. It is active across financial and corporate law, advising local and international companies in banking and finance, M&A and project development mandates.

On the lender side, the firm primarily represents foreign banks, while borrower side transactions tend to be focused on Turkish companies with multinational shareholdings.

Project development has an expertise in cross border power and infrastructure deals.

Key clients

Among the clients of the firm are Alimentation Couche-Tard, Letterone Group and IMTIS Holdings, Scott Brownrigg and GMW Architects Partnership, China Development Bank, Arab Bank, European Arab Bank, Emaar Libadiye, Emaar Properties, IMTIS Holdings, Letterone Group, Qatalyst Partners, International Finance Corporation, Gebze, Adapazari and Izmir Power Project Companies and Ansaldo Energia.

Client feedback: 32nd edition (2022/2023)

M&A

"Durukan + Partners provides excellent, timely and practical advice."

Restructuring

"Durukan + Partners have provided good assistance and demonstrated realistic commercial solutions and understanding of our business. Advice is well researched and documented."

Boden Law Office

Based in Istanbul, Boden Law provides representation in energy, natural resources and infrastructure projects. It was founded in 2008 and is based out of its Istanbul office.

Focusses / specialisms

The firm is active in project development and project finance and M&A, working predominantly in the energy sector. It is also active in the mining and infrastructure.

Key clients

Among the clients of the firm are Gunvor, Aksa Enerji Üretim, Talesun Solar Switzerland, Kolin İnşaat ve Turizm Sanayi ve Ticaret, Steag and OSET, Güçlü Group, Talesun Solar Switzerland, Duckt, Sms Group Metalurji Servis Sanayi ve Ticaret, Aksa Enerji Üretim, Tosyalı Toyo Çelik, APlus Enerji Yatırım Danışmanlık Teknoloji ve Ticaret, Tosyalı Holding, Sanko Enerji Sanayi ve Ticaret and Engie Enerji Ticaret ve Pazarlama and Baymina Enerji.

Client feedback: 32nd edition (2022/2023)

M&A

"Boden Law's managing partner Değer Boden has a unique expertise proves to be invaluable. She gives personal attention to her clients and directs her team in this regard. Değer Boden and her team's first-class work and professionalism make this firm stand out from the other firms. Değer Boden personally attended and guided her team in the key meetings and negotiations. Her team provided unique solutions to the problems during our projects and works with them."

Established in 1990, Erdem & Erdem is an independent, full-service firm which includes four international desks.

Focusses / specialisms

The firm works across all transactional practice areas, with a focus on banking and finance work, capital markets, M&A and project development, particularly in infrastructure.

Key clients

Some of the firm's key clients include holding companies, such as Yildrium Holding, who specalises in infrastructure and energy projects. The firm has also advised multiple Turkish banks, such as Türkiye Garanti Bankası, Akbank, Deutsche Bank and HSBC.

Research period review: 33rd edition (2023/2024) 

In terms of banking work, the firm was active in banking, project finance, cross border loans, syndicated financing's and loan restructurings.

The capital markets team assisted bank regarding capital markets legislation.

The M&A team assisted on mergers, multi-jurisdictional acquisitions, and drafting share-purchase agreements.

Project development work included work on PPP’s and regulatory advice in industries like renewable energy, oil and gas and infrastructure.

Deal highlights: 33rd edition (2023/2024) 

QNB Finansbank restructuring

Qazaq Soda €400 million project development

Paksoy is a leading independent Turkish law firm founded in 1997 by Serdar Paksoy, who is also the managing partner of the firm. The firm has its offices in Istanbul with over 100 professionals providing legal advice to both local and international clients on diverse areas of law. Worthy of mention are partners Elvan Aziz, Ömer Çollak and Sera Somay, who have stellar reputation in the market. The firm has leading capabilities in Türkiye achieving top-tier status across all ranked practice areas.

Highlights

The firm advised Migros on €94 million and $6.5 million facility for financing the construction of solar power plants by Migros in Türkiye and expansion and modernization of retail network of Migros.

The firm advised Türkiye Wealth Fund and Istanbul Financial Center on the $750 million inaugural Sukuk issuance.

The firm advised General Atlantic in its $500 million Series E investment in Insider, one of the first Turkish unicorns on the Turkish law aspects of the transaction.

Key clients  

ADQ, EBRD, General Atlantic, Migros, Republic of Türkiye and Ziraat Katılım.

Testimonials

“They have a deep understanding of their client's corporate structure, goals and internal dynamics, and tailor their communication accordingly. Rather than acting like an external law firm, they operate as an integral part of the in-house team. They provide quick and solution-oriented feedback. They are an agile team, with access to lawyers who bring the right expertise when needed” - Financial services regulatory Client

“Extremely responsive and practical in their approach.”- Financial services regulatory Client

“They were direct and quick in responding.” – M&A Client

“Very strong legal minds, combined with a very good understanding of the commercial aspects of our transaction, as well as the interpersonal aspects of a negotiation.” – M&A Client

“A highly perceptive and business-minded attorney who excels not only in legal expertise but also in understanding internal dynamics.  She brings a strong problem-solving mindset and seeks practical, alternative solutions without getting lost in bureaucracy. Her exceptional communication skills and high emotional intelligence make collaboration both smooth and productive.” – Nazlı Bezirci

“Omer is extremely responsive and eager to collect all the fact prior to suggesting any approach.” – Omer Collak

“Responsiveness.” – Sabri Kaya

“Very strong lawyer.” – Elvan Aziz

Pekin & Bayar is one of Turkey's oldest law firms, established in 1946. It has offices spread across Turkey – in Istanbul, Izmir, Ankara and Adana, with 11 partners and 70 lawyers total, making it one of Turkey's largest firms.

Focusses / specialisms

It is a full-service firm, with experience serving both international and local clients, across industries. The firm has a particular expertise in corporate M&A and refinancing transactions, but has also advised in capital markets work.

Key clients

Some of the firm's clientele includes Unifree Duty Free, the British bank RBS and the Czech conglomerate CEZ, as well as Japan’s Nippon Paint.

Research period review: 31st edition (2020/2021)

The banking team assisted lenders in drafting agreements, refinancing, restructuring and project financing agreements.

The capital markets department assisted book runners and agents in a variety of industries, in capital markets work. In addition, the team represented controlling shareholders in the IPO of Arzum.  

In terms of M&A work the team at the firm represented buyers and sellers in joint ventures, share acquisitions.

Deal highlights: 31st edition (2020/2021)

Arzum IPO

Project Zen

Client feedback: 31st edition (2020/2021)

M&A

“During unprecedented times of the pandemic, they have done their outmost to negotiate between partners on a virtual setting and were of highest ethical lead in the process.”

“Prompt actions, keeping dead-lines, professional, providing estimates / fixed prices as required, good project management and assistance.”

“Very competent and friendly, good response times.”

Ergin Mizrahi

“He is very business-focused and strong in helping in difficult litigation and dispute resolution issues: He can easily understand client needs and provide effective legal options. Overall, he is very attentive and efficient.”

Ferhat Pekin

“He is very client-focused, has depth knowledge in corporate law and can provide creative solutions.”

Senem Golge

“Extremely efficient and service minded. On top of matters from over all perspectives and down to details. A pleasure to work with and a very good help in long-term projects with her assistance to the project manager, not only on the legal side but also for her administration and for moving projects forward.”

Selin Bayar

“Selin's relentless approach to problem solving, ethical view and her knowledge in the clients' need is impeccable.”

YBK Yalçın Babalıoğlu Kemahlı Law Firm in cooperation with CMS is a member firm of CMS. The firm has desks in Germany and the UK.

Focusses / specialisms 

The firm has a focus on banking and specalises in cross-border financing projects. The firm advises borrowers and lenders. Industry sector strengths for the firm include real estate, infrastructure and manufacturing.

Key clients 

Key clients of the firm include Raiffeisen Bank International (RBI), Erste Group Bank, Denizbank (Turkey) and (Austria), Zıraatbank, Yapı Kredi Bank Nederlands, Internationales Bankhaus Bodensee, Vakıfbank and Südwestbank.

Research period review: 32nd edition (2022/2023)  

During the research period, the firm was busy advising clients in banking, equity capital markets and M&A.

Client feedback: 32nd edition (2022/2023)

Banking and finance                                                                                     

"Prompt response, helpful advise, good structure of LO."

Alaz Eker Ündar        

"Prompt response, helpful solutions, good advice."

.

Inal Law Office is a boutique law firm, with a fast-moving flexible team of 10 lawyers, led by Seyma Inal. Seyma Inal established the firm in 1993.

Focusses / specialisms

The firm works for international and local clients, advising in all manner of financial and corporate queries.

Research period review: 33rd edition (2023/2024) 

During the research cycle, the firm provided banking advice to borrowers for financings and debt restructuring.

Pekin & Pekin is a full-service Turkish law firm founded in 1971 by senior partner Ahmed Pekin.  The firm has its offices in Istanbul and is a member firm of Lex Mundi. The firm provides integrated legal services to both domestic and international clients on legal transactions. The firm has a team of prominent Turkish lawyers led by managing partner Fethi Pekin. The firm has a strong capacity in advising on a wide range of legal practice areas including banking, debt and equity capital markets and M&A.

Highlights

The firm advised Banco Bilbao Vizcaya Argentaria, Citigroup Global Markets, Goldman Sachs International, Morgan Stanley & Co International in respect of a $3 billion notes issued by the Republic of Türkiye.

The firm also advised Deutsche Bank London Branch, HSBC Bank, J P Morgan Securities, and Société Générale on the €2 billion notes issued by the Republic of Türkiye.

Key clients  

Citigroup Global Markets Inc, Goldman Sachs International, J P Morgan Securities, Morgan Stanley & Co International and Société Générale.

Testimonials

“They have practical and pragmatical approach and we having experienced in similar situations; we have seen that their advice was not a theoretical one but rather a commercial one.” – Insolvency Client

“Timely acting and prompt in answers.” – Ilker Demirtas                 

(2024/2025)

"They are responsive, knowledgeable and flexible. It is sometimes difficult working with teams across offices on a tight timeline but work with Pekin & Pekin is generally quite seamless. They are also just very pleasant to work with." - Debt Capital Markets Client

“Very responsive, kind and flexible with regards to timing.” - Göze Yıldırım

Özok is a boutique firm established in 2019 by Özgün Özok.

Focusses / specialisms 

The firm has a focus on banking and finance, debt and equity capital markets and M&A. The firm is also particularly active in Islamic finance. Key areas of work for the firm come from the energy, power and real estate sectors.

Key clients

Among the clients of the firm are Emirates Islamic Bank, Gülsan Sentetik Dokuma Sanayi ve Ticaret, Gülsan Holding, Gülpa Pazarlama ve Dış Ticaret and Halk Varlık Kiralama.

Client feedback: 32nd edition (2022/2023)

Financial restructuring

"They are very quick in responding and always try to find a solution for problems."

Sayin Law & Consulting is a full-service law firm based in Istanbul.

Focusses / specialisms 

The firm has a focus on project development and actively serves clients in the oil and gas sector. The firm assist clients in buying-selling, trade and contracts and restructuring projects

Key clients

Key clients of the firm include SOCAR, TP Petrol Dağıtı, Total Oil, Milan Petrol Dağıtım and Itelligence Bilgi Sistemleri.

Client Feedback: 31st edition (2020/2021)

Asset finance

"Have been in the business for 55 years."

Investment funds

"Updates about energy market regulations."

M&A

"Sayin Law has strength across all key pillars of law of contracts besides energy law. As a law firm that has strength across country, they provided us with consultancy during our overseas purchases and all related contractual relations. The firm's contract law expertise is equally comprehensive as their energy law expertise. As a law firm, they are well experienced in petrochemical issues and they helped in most practical ways that allowed us to comply with the local legislations and regulations of Turkey. As a German-Turkish owned company, local and international experience is crucial for us. Diversity is what brings Sayin Law to the fore. With their deep bench that has strength across country, they can provide legal service everywhere in Turkey. They are strengthening their collaboration every day and that team spirit reflects credit on their work. Keeping this spirit is important especially while growing. "

Project development: Energy

"Sayin Law & Consulting has a team which has lots of skill sets such as analytical and creative thinking. Although it is hard to get easy-scannable reports and informative annotations while doing such business, they do a good job to deliver the work ideally. It is important to reach quick annotations and answers from our affairs while doing such important work in the oil & gas industry. In this sense, because the young associates of Sayin Law & Consulting are quick-thinkers and ambitious, they have a collaborative and coherent team to deliver immediate delivery. The most important innovative feature that distinguishes Sayin Law & Consulting from other law firms is risk calculation techniques. Especially for our company, it is important to be able to anticipate the negative effects of legal cases. Sayin Law & Consulting makes a significant contribution to our company's ability to see financial risks by making risk analyses as close to the possible outcome in terms of each lawsuit. "

"Sayin law firm works very professionally - our corporation has been working with this team since the beginning of 2020 and we are pleased about their working style. The lawyers are solution-oriented. As a lawyer, I am very strict with my work discipline and with the Sayin Law & Consulting, I work with the lawyers who have the same work discipline as me. In case of a crisis, when I communicate with them I always get quick feedback. I always trust their solutions because they perform deep work in each case. "

"They are always very direct, honest and informative in their approach. Through their extensive experience, they are quite impressive in recognising potential risks and pitfalls in legal proceedings. We are completely satisfied in all aspects of our collaboration. Although our company serves in the energy sector, it tries to make a difference in the sector with technological initiatives in accordance with today's requirements. In this direction, it is a law firm that has the competence in the field of informatics and provides the integrity of representing us safely with its expertise in the field of energy law. Sayin Law has a structure that complies with all these requests. For this reason, Sayin Law is different from other law firms. They have a vision ready for the era and the future. With their fast legal solutions and their constant support, they enable us to take a safe path in our initiatives. The happiest point at Sayin Law is that we have been working with the same lawyers for a long time. There is a practical approach. Although Sayin Law gets closer to the market at some points in terms of wages, it may remain high from time to time. On the other hand, we do not hesitate to work with them due to their transparency in invoicing the services provided and the quality of the service received. The innovative structure of our company shows itself mostly in the field of technology. In this direction, it is important to meet and integrate with each of our business partners on the same ground. Sayin Law, in order to provide us with legal consultancy services all over the world, shows this with video conferences, various legal softwares and information and report presentations. "

"We have been working with Sayin Law & Consulting for three years. Founding partner Murat Sayin is a key name in the energy practice area. We can clearly say that Mr Sayin and his team managed the process very well in many of the projects that are important for us. We are always fascinated by the responsiveness of its associates. Sayin Law & Consulting has deep legal knowledge and understanding of complex legal projects. Sayin Law & Consulting provides the best legal service with its associates in several cities in Turkey. Sayin Law & Consulting makes up-to-date reports on litigation and execution proceedings. We specifically make use of energy law bulletin that covers current issues related to the energy sector. "

"As the group manager, determining the risks of our company and determining the measures that can be taken within the scope of these risks are important for me. In this context, receivables of a company affect the financial statements. In this direction, I rely on Sayin Law for the rapid progress and follow-up of the current legal processes. Detailed reports that they prepared in every format requested, guide our prospective commercial plans. Sayin Law's extensive knowledge of the energy sector enables us to get a legal consultancy that we always need. In addition, Sayin Law provides us in-house legal assistance by recruiting associates. Thus, we have the opportunity to work closely and effectively. Especially law firms working in the private sector cannot provide daily consultancy services effectively. By the energy bulletin they published and their constant publications in LinkedIn allow us to follow up every innovation and change. I am very satisfied with our cooperation with Sayin Law. Sayin Law enables us to instantly access all kinds of documents and information requested with monthly reports. The fact that Sayin Law has a wide circle of acquaintances and is in collaboration with the best lawyers and professors in Turkey, is just one of the reasons we prefer them. "

"Sayin Law's on-point consultation and rapid responses create an environment of trust through all the process whenever we need their legal services."

AECO – Atayılmaz Enkür Çetinkaya Öner is a Turkish law firm based in Istanbul.

Focusses / specialisms 

The firm has a focus on corporate and M&A. The firm has expertise in the energy and natural resources sector. The firm also has experience in cross-border transactions.

Turunç is a leading full-service Turkish law firm founded in 1990. The firm offices in Istanbul, Izmir and Ankara and has a representative office in Washington DC. The firm boast of being one of the oldest operating law firms in Türkiye. The deal team consists of prominent Turkish qualified legal professionals including partners Noyan Turunç and Kerem Turunç. The firm has a focus on banking, debt and equity capital markets and M&A.

Highlights

The firm advised advised Riverwood Capital on its $50 million investment in Picus Security.

The firm also advised Sphera Solutions on its acquisition of SupplyShift.

Key clients  

Ascential, BV Crypto, Boğaziçi Ventures, Lycian Capital and Tacirler Gelecek Etki Venture Capital.

Testimonials

“They get along well with opposing counsel and manage their expectations skillfully." – Banking Client

“Turunc fields a well-rounded and highly specialized team that includes top-tier partners in banking and finance. Their collective depth of knowledge and expertise is truly world-class, setting them apart from other firms in Turkey. Each partner brings a wealth of experience, complemented by an exceptional team of associates who deliver partner-level service with remarkable efficiency. This team is proactive, demonstrating a keen ability to tackle complex issues with a commercial perspective. Their approach is solution-oriented, ensuring that their advice is both actionable and aligned with the strategic goals of their clients. Their ability to manage intricate projects with ease and provide clear, insightful guidance is unmatched in the market.” – Banking Client

“"Turunç’s banking team are pragmatic problem solvers. They are extremely knowledgeable, dedicated and meticulous, all while being very practical and easygoing. Their pragmatism combined with their expertise and depth of know-how is unique. They proactively advise us on new developments and keep an eye on our banking regulation compliance." – Banking Client

“They are excellent at financing arrangements for private equity investments, including offering restructuring and novel alternatives that are available to regulated Turkish funds." – Banking Client

“Turunç can coordinate big teams, including internal teams and banks, very well. They also can make complex issues simple for business. We are doing a bond offering for the first time and they make everything much easier for us. Their billing is also very clear and straightforward.” – Debt Capital markets Client

“Very positive overall experience. TURUNÇ team is great at handling construction and lease finance bonds with underwriters. They really know their stuff and help us make sure our agreements are good with the laws and market rules. They’re good at seeing what needs to be done and getting it done right. Team is super knowledgeable. Much easier process than other firms we worked with.” – Debt Capital markets Client

“They have an exceptionally capable team who draw on their international strength and expertise on the cross-border projects we work on. Combining their legal expertise with business acumen, they provide not only technical input but also critical strategy and guidance. They are extremely knowledgeable, business-savvy, communicative, detailed-oriented but fast.” – Debt Capital markets Client

“They showed a clear understanding of our complex needs. Their team worked together smoothly, with specialists assigned to different tasks, ensuring everything was done quickly and accurately. Their first drafts were often over 90% of the final version’s quality.” – Equity Capital markets Client

“Their institutional knowledge and ability to bring in specialists to identify and address issues makes them unique. Their combined expertise is beyond that of any other firm in the market. They work with a large number of fund sponsors, asset managers and other market participants.” – Equity Capital markets Client

“This practice is distinguished by its global viewpoint and expansive footprint, which is unparalleled among Turkish firms. We rely on them not only for domestic Turkish matters but also for a wide array of regional and international transactions, particularly in Eastern Europe and the Balkans. Turunc’s team possesses exceptional business acumen and industry-specific expertise, enabling them to understand and navigate the business rationale behind transactions. Their legal advice is both strategic and practical, tailored to the unique needs of each transaction. Their efficiency, ease of collaboration, and effective communication enhance the overall client experience, making them a standout choice for complex and high-stakes deals.” - M&A Client

“They are also very coherent as a team, with effective communication, responsiveness, and overall impressive client relationship management. We trust their legal expertise and their understanding of our industry and needs 100%.”- M&A Client

“TURUNÇ is our go-to firm, as they are for many private equity firms. They provide exceptional quality legal assistance, combined with insightful (and always on-point) commercial guidance. The team is very cohesive and able to approach complex projects with their multi-disciplinary know-how and expertise. I believe the combination of their deep legal knowledge, ability to assess matters with a commercial intelligence and naturality in international matters is what makes them unique. They can provide solid transactional advisory in addition to regulatory guidance, which is a rare combination in Turkish law firms.” - M&A Client

“They have an exceptionally capable team who draw on their international strength and expertise on the cross-border projects we work on. Combining their legal expertise with business acumen, they provide not only technical input but also critical strategy and guidance. They are extremely knowledgeable, business-savvy, communicative, detailed-oriented but fast.” - M&A Client

“"Excellent Listener. Quick grasp of business issues. Creativity in developing solutions. Attention to detail." - Project development Client

“Kerem Turunc is our go-to person for intricate and challenging matters. His profound understanding of market practices across the UK, US, and Turkey is a significant asset. He has an impressive ability to grasp and address complex issues with clarity. Kerem is exceptionally hands-on, always accessible, and deeply involved in each case, ensuring a high level of engagement and expertise.” - Kerem Turunç

" Kerem dominates the fund formation and regulation field in Turkey not only with the volume of work he does but also his technical knowledge.” - Kerem Turunç

“Kerem Turunc is our person. He is an exceptional resource for capital markets matters, particularly thanks to his extensive knowledge of market practices in the UK, US, and Turkey. His deep understanding of regulatory and transactional issues, and hands-on approach make him an invaluable asset. He is hands-on, always available and present.” - Kerem Turunç

“A great leader. He’s the one who designed this firm and the reason we originally engaged them. Our initial call always goes to him. He then leads his team to results.” – Noyan Turunç

“Noyan Turunç oversees the entire team and project extremely efficiently. He stands out with his experience and excellent understanding of commercial considerations.” – Noyan Turunç

“Noyan Turunç is the ultimate lawyer. He is a veteran in the law world and still going stronger than ever. He is very hands-on and sharp, so he understands the complexities fast and well. He offers exceptional value to client needs with his commercial savviness and robust legal knowledge. He is unrivalled with his commercial understanding, legal know-how and international background.” – Noyan Turunç

Yazici Attorney Partnership is a full-service law firm with offices in Ankara and Istanbul.

Focusses / specialisms 

The firm has a focus on project development where key work comes from the oil and gas sector. The firm advises on various industries, including renewable energy, mining, industrials and manufacturing,technology and telecommunications.

Key clients

Among the clients of the firm are Marsa Turkey, Akdaş Döküm Sanayi ve Ticaret, BNP Paribas, Societe Generale, London Branch and ING European Financial Services.

Client feedback: 32nd edition (2022/2023)

Restructuring

"They are familiar about our Company and our Group Company for a very long time; and have the whole history and memory about us."

Özmen Yalçın is an independent Turkish law firm based in Istanbul. The firm was founded in 2022 by partners Ömer Gökhan Özmen and Güneş Yalçın. The firm has a well-established team of Turkish qualified legal professionals with experience in advising both domestic and international clients on diverse areas of business law. The firm is known for its work in the banking, debt and equity capital markets, M&A and projects.

Highlights

The firm advised Yeni Mağazacılık on a $200 million facility provided in multiple tranches by EBRD in relation to capacity expansions and modernization of existing stores, and (Solar Project Financing.

The firm advised ING Bank on its $150 million Basel III-compliant Tier 2 Eurobond issuance in international markets.

The firm advised İş Bank on a $75 million project financing for 175 MW CCGT Power Plant Project in Kumasi, Ghana by way of sub-lending by Aksa Enerji to its SPV in Ghana.

Key clients  

Alfa Solar Enerji Sanayi ve Ticaret, European Bank for Reconstruction and Development (EBRD), Goldman Sachs, J P Morgan Securities, and Şekerbank.

Testimonials

“Fees are very competitive and flexible. The team is very quick and responsive. Their expertise in financial services is very good." - Banking Client

“What we appreciate most about working with ÖzmenYalçın is their business-oriented mindset — they don’t just provide legal answers, they offer practical solutions that align with our commercial goals. The team is always accessible and responsive, which gives us peace of mind throughout the process. Their deep legal expertise and diligent approach make them a trusted partner, especially in complex transactions like ours.” - M&A Client

“They are very experienced in M&A transactions. They are involved in every stage of the deal at a very senior level and partners Gökhan, and Damla were present and very responsive throughout all phases of the transaction. They worked very diligently and responses to our requests in a very short timeframe.” - M&A Client

“"They are always accessible, there is no language barrier, and all their experts have a high level of proficiency in English. The company’s partners are highly experienced and are adept at reflecting this expertise in both their team and the work they deliver.” - Private equity Client

“She is very knowledgeable in energy sector and has strong legal knowledge. She has excellent drafting skills, and she meets every short deadline with a high-quality work.” – Damla Keskin Şerbetcioğlu

“Deals with clients well, fees are very flexible, clear and concise legal advice.” – Gunes Yalcin

“Gökhan combines sharp legal expertise with a strong business mind, which makes him an invaluable advisor in complex transactions. He is highly practical, solution-oriented, and approaches negotiations with skill, confidence, and diplomacy — always focused on achieving the best possible outcome for us. Gökhan also stands out for his calm, composed demeanor and ability to navigate high-pressure situations with clarity and professionalism. He’s a trusted partner who truly understands both the legal and commercial dimensions of a deal.” - Ömer Gökhan Özmen

“Mr. Ömer first listens and understands. He asks the right questions, creates a well-structured business plan, delegates tasks effectively, and follows up on the work at a strategic level.” - Ömer Gökhan Özmen

Baspinar & Partners is the Turkish affiliate of GRATA International. The specialises in mergers and acquisitions are initiated by major venture capital funds and real estate investment funds. They offer our clients not only a legal perspective on their transactions but also provide a commercial insight into their best interests.

Highlights

The firm advises clients on corporate and M&A work.

The firm recently advised on the $4 million acquisition of 100% shares of MTTS Invest Gayrimenkul ve Ticaret. The firm conducted due diligence, drafted the transaction documents, and completed the post-transaction registration process.

Key clients

Baykan Group Companies, Intertek Quality Services, Re-Pie Portföy Yönetimi, TN Maleik Petrokimya and Tatex Group.

Testimonials

(2022/2023)

"Good knowledge of legal framework, English language and our expectations.” – M&A Client

Cantez & Partners is a corporate law firm founded in 2015 and based in Ankara.

Focusses / specialisms

The firm is active in project development.

Client feedback: 32nd edition (2022/2023)

Banking and finance

"With their dominance in all phases of the project, they complete the process without our intervention. In addition, the effect of persuasion abilities on the other party and the solution of the issues."

Project development

"They are always well responsive to our needs. They provide detailed explanations / clarifications to our questions as our legal counsel."

Çukur & Partners is a corporate law firm established in 1993 and has offices in Izmir, Istanbul, Ankara and Adana.

Focusses / specialisms

The firm advises clients on equity capital markets, and corporate and M&A.

Key clients

Among the clients of the firm are Europap Tezol Kagit and LUNA.

Client feedback: 32nd edition (2022/2023)

Capital markets : Equity

"During the time we received consultancy services from him, Attorney Ümit Yayla, who is a consultant to Çukur & Partners at the same time, has been a guide with the answers he gave in his field of expertise. With his correct guidance, GEN was able to complete both the initial public offering process and the compliance process required for the electronic general assembly in a short time."

M&A

"With lawyers experienced in the business world, they have advanced skills in analyzing company needs and suggesting solutions. Reachable and relevant for clients, at the same time competent in legislation and successful in litigation."

Gen Temizer is a leading Turkish full service independent corporate law firm based in Istanbul. The firm is active across all areas of corporate law and project development. In banking and finance the firm advises lenders on mostly direct financing and project financing. In capital markets it advises on debt and equity capital markets transactions. In corporate and M&A it advises all sides of the table on acquisitions in various sectors, including technology and telecommunications.

  Highlights

The firm advised on Erciyas Çelik Boru Sanayi on a $50 million structured trade financing transaction provided by Gramercy.

The firm advised Limak Cement on its global Rule 144A/Reg S issuance of $625 million 9.750% notes due 2029.

The firm advised BP on the sale of the entire issued capital in BP Petrolleri. by BP Global Investments and BP Turkey Refining by BP to Petrol Ofisi.

Key clients

Al-Fardan, British Petroleum (bp), Galata Wind, Kızılay (Turkish Red Crescent), and Malaysia Airports Holdings Berhad (MAHB).

Testimonials  

“Gen Temizer stands out for their deep understanding of both Turkish law and international market practice, which is critical in cross-border finance transactions. They are highly responsive, solution-oriented, and pragmatic in their approach. The team consistently demonstrates strong technical capabilities, particularly in structuring and drafting Turkish law security documents and navigating regulatory nuances such as financial assistance and enforcement risks. We especially value their ability to work seamlessly with international counsel, anticipate potential issues, and provide commercially sound advice that aligns with the expectations of international lenders and sponsors. Their professionalism, clarity of communication, and ability to manage tight timelines make them a trusted advisor in complex transactions.” – Banking Client

“What we particularly value about Gen Temizer is their deep expertise in capital markets transactions and their highly methodical approach to legal due diligence. Their team demonstrates exceptional attention to detail and a practical understanding of both regulatory expectations and market realities. They are very responsive and proactive in addressing potential legal issues early in the process. Their ability to liaise effectively with the Capital Markets Board and provide clear, investor-facing legal documentation makes them a highly dependable partner in IPO transactions.” – Equity Capital markets Client

“Diverse and well numbered team, supporting business on both M&A and also on competition law in general.” – M&A Client

“Berke Yalçın combines strong technical expertise with a practical and solution-oriented mindset. He is highly responsive, detail-focused, and consistently delivers well-structured, commercially aware advice. In our recent cross-border financing transaction, he demonstrated a solid grasp of both Turkish legal requirements and international deal dynamics. Berke is particularly effective at managing workstreams involving local law security documents and regulatory matters, and he communicates clearly and confidently with both clients and counterparties. His proactive approach and reliability under time pressure make him a valuable member of the team.” - Berke Yalçın

“She is a knowledgeable, experienced lawyer who is solution-oriented even in most complex legal issues” – Baran Gen

KP Law is an independent corporate law firm based in Istanbul. The firm has a dynamic team of over 55 legal professionals. The deal team is led by managing partner Onur Küçük, who has over 20 years of experience in advising on public and private mergers and acquisitions, private equity transactions and corporate restructurings. The firm is active in M&A practice area where it advises on acquisitions and financial investments.

Highlights

The firm notably advised Tatneft on its $320 million acquisition of 100% shares in Aytemiz Akaryakıt from Doğan Holding and the Aytemiz family.

The firm also advised Bupa Turkey Sağlık Hizmetleri Anonim Şİrketi on its 100% acquisition of CGM Turkey from the CGM Group.

The firm advised TEKMARMARA ENERJİ ÜRETİM ANONİM ŞİRKETİ on its 100% acquisition of Babadağ Elektrik Üretim Sanayi ve Ticaret.

Key clients  

Al Mazaya Holding, Bupa Turkey Sağlık Hizmetleri Anonim Şirketi, E20 Invesment, İş Girişim Sermayesi Yatırım Ortaklığı Fonu and Tekfen Holding Anonim Şirketi.

Testimonials

"Their legal knowledge and understanding helped us during process. In addition, they were very proactive and took the responsibility of the whole process. They assessed the risk, informed us and proposed the alternative solutions." (M&A Client)

“Follow-up and risk assessment.” - Ekin Kotan, Firm Partner 

Moral | Kınıkoğlu | Pamukkale Attorney Partnership is a full-service independent Turkish law firm whose history could be traced back to 1968. The firm used to be known as "Moral & Partners" until recently when it rebranded. The firm has offices in Istanbul and Izmir and has a team of about 70 professionals. The team of legal professionals is led by managing partner Vefa Reşat  Moral. The firm is active in M&A where it advises on acquisitions and financial investments.

Highlights

The firm advised Koç Holding and shareholders of the Tat Gıda Sanayi Anonim Şirketi on the $80.9 million acquisition of 49.09% of the shares in Tat Gıda Sanayi Anonim Şirketi.

The firm also advised Cüneyt Ersin, Gediz Ersin, Abdullah Selahattin Tosuner and Yonca Tosuner on the acquisition of 100% of shares in Univera Bilgisayar Sistemleri Sanayi ve Ticaret Anonim Şirketi and Univis Bilişim Destek Hizmetleri Sanayi ve Ticaret to Türk Elektronik Para Anonim Şirketi.

Key clients  

Alkima Girişim Sermayesi, Kimteks, Koç Holding -Tat Gıda, TFI TAB Gıda Sanayi ve Ticaret Anonim Şirketi and Univera.

Testimonials

"Moral acted as an integral part of the overall process rather than only a lawyer. They were always responsive, on time and on top of details with a solution-oriented mindset." (M&A Client)

“She was always accessible with solutions and positive attitude. she was on top of her team and details.” - Serra Haviyo – Firm Partner 

Penezoglu Law Firm is a corporate law firm founded in Istanbul in 2003. It has a team of 19 lawyers.

Focusses / specialisms

The firm is active in corporate and M&A and has experience in capital markets. The capital markets team advises on IPO matters. The corporate and M&A team is experienced in advising mostly targets and sellers on acquisitions.

Key clients

Among the clients of the firm are Istanbul Portföy Yönetimi Anonim Şirketi, Inveo Yatırım Bankası Anonim Şirketi, Nefes Ekolojik Yatırımlar Anonim Şirketi, Beybadem Tarım Yatırımları Anonim Sirketi, Şefik Emir Yargıcı and Seda Yargıcı.

Gide Loyrette Nouel is a corporate law firm with an office in Istanbul for more than 20 years. It’s part of the international law firm Gide Loyrette Nouel which today has more than 500 lawyers spread across 11 offices.

Focusses / specialisms

The firm is active in banking and finance and corporate and M&A.

Key clients

Among the clients of the firm are Türkiye Sigorgota, The Export-Import Bank of China, Société Générale, Union Bancaire Privée, Euler Hermes, Carel Industries, Believe International and Webhelp.

TOCC Attorney Partnership is a full-service independent business law firm founded in 2016. The firm is based in Istanbul. The firm provides legal advice to both local and international clients on diverse areas of law. The firm has a collaborative team of lawyers specialised in various fields of business law and industry sectors. The firm has expertise in banking and financing work, particularly Islamic and project finance.  

Highlights

The firm advised Kalyon Güneş Teknolojileri Üretim on the $274 million financing provided by Ziraat Bankası and T. Vakıflar Bankası for the construction of Kalyon Solar Technologies Factory and the establishment of Research and Development Centre.

The firm advised Ak Finansal Kiralama on its $92.5 million Sukuk issuance through Emlak Varlık Kiralama.

In M&A the firm advised HDR Global Trading on its $15 million acquisition of 10% stake in Paratica.

Key clients  

AK Finansal Kiralama, Kalyon Güneş Teknolojileri Üretim, Macellan İleri Teknoloji, Odea Bank and Sanko Holding.

Testimonials

"TOCC always opts for allocating a team fully dedicated to meet our needs and expectations during the documentation and agreement process." (Banking Client)

Türkoğlu & Çelepçi in cooperation with Schoenherr is an association between a leading Austrian firm and a Turkish firm. The domestic firm was founded in Istanbul in 2005 and has worked in cooperation with Schoenherr since 2009. The firm employs 20 lawyers, including one partner in Istanbul. Established in Vienna in 1950, Schoenherr has a European network that includes offices in 15 jurisdictions.

Focusses / specialisms

The firm’s core focus in corporate and M&A work, particularly advising foreign clients in their dealings in Turkey.

Key clients

Among the clients of the firm are MT Holding, MT Group Companies-Maxicells İlaç Sanayi Anonim Şirketi, Leoni Group and Lallemand.

Client feedback: 32nd edition (2022/2023)

M&A

“Always available, on the spot advice, pragmatic approach, good industry knowledge.”