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Full-service slovak law firm

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CORPORATE LAW
M&A

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Banking, Finance
& Capital Markets

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Real Estate
& Construction

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Energy, Infrastructure
& Transport

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Awards & Deals


  • Law Firm of the Year 2019, Slovakia

    Twice in a row HKV became the absolute winner in the category Mergers & Acquisitions of the competition Law Firm of the Year 2019.

  • Chambers Europe 2019, Slovakia

    "They are very reactive; when I send them a query they immediately get to work and get it done by deadline or even earlier."

  • Chambers Europe 2019, Slovakia

    "They go the extra mile. They try and engage us on a business level, not just a legal level."

  • Chambers Europe 2019, Slovakia

    "They are very hard-working and very flexible with regards to timing. There are no delays, they try to deliver as soon as possible. They are very experienced, so they take care of everything independently."

  • (IFLR 1000 2019, Slovakia)

    The IFLR1000 guide ranked HKV in the categories Banking and finance, Project development and M&A for the year 2019.

  • (Law Firm of the Year 2018, Slovakia)

    HKV became the absolute winner in the category Mergers & Acquisitions of the competition Law Firm of the Year 2018.

  • (Law Firm of the Year 2018, Slovakia)

    HKV was ranked among the „highly recommended“ and „recommended“ law firms in the categories Corporate Law, Developer Projects and Real Estate, Banking and Finance, Completion and Restructuring & Insolvency.

  • Law Firm of the Year 2017, Slovakia

    HKV named as the “highly recommended law firm” in seven categories of the competition Law Firm of the Year 2017: Corporate Law, Competition, Developer Projects and Real Estate, Mergers and Acquisitions, Banking and Finance, Employement and Public Procurement.

  • Legal 500 2017, Slovakia

    Legal 500 guide for the year 2017 identified HKV in five ranking categories: Banking, Finance & Capital Markets; Commercial, Corporate and M&A; Employement; Projects and Energy and Real Estate and Construction.

  • IFLR 1000 2017, Slovakia

    “They have deep knowledge in all areas, provide quick reactions and deliveries and have done a good job recently,” says a client who worked with the firm on project finance.

  • Chambers Europe 2017, Slovakia

    HKV ranked by the Chambers Europe 2017 in the categories Banking & Finance, Corporate/M&A, Employment, Energy, Real Estate and Restructuring/Insolvency.

  • Chambers Europe 2017, Slovakia

    Peter Víglaský is admired by clients and highlighted for his "excellent knowledge of the international environment."

  • Chambers Europe 2017, Slovakia

    Well known as a practitioner who "makes deals happen," Roman Hamala is appreciated by his clients, who say: "He can anticipate future problems and avoid them or provide solutions before we ask."

  • Chambers Europe 2017, Slovakia

    Martin Kluch impresses clients with his "pro-deal" attitude. He is described as "technically very good, very pragmatic and personable. We get clear answers from him. He provides business-oriented advice."

  • IFLR 1000 2017, Slovakia

    The IFLR1000 guide ranked HKV in the categories Energy and Infrastructure and Financial and Corporate for the year 2017.

  • IFLR 1000 2017, Slovakia

    „The approach that we have experienced was client friendly, pro-active and practical,” says a client from the energy industry.


News



New rules for the use of external legal services by state authorities


The Government of the Slovak Republic approved new rules for the use of external legal services by state authorities, which should bring more transparency and economic efficiency.

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On April 17, 2019, the Government of the Slovak Republic approved the rules governing the principles of the transparent and economically effective use of the services of external lawyers by state authorities, in particular concerning their selection and remuneration and the publication of related information. The rules will apply to all Ministries, central government authorities and companies exclusively owned by the State (while the Government of the Slovak Republic may also recommend that the rules apply to other state bodies), regarding  all legal services, irrespective of whether they involve litigation or other non-litigation related legal services.

Under these rules, a state authority will only be able to use external legal services in cases where its own legal staff lacks the necessary manpower or expertise, and the subject of legal services is significant. Furthermore, the essence of the legal service to be provided by external lawyers cannot be directly related to the decision making or legislative activity of the relevant state authority.

The newly adopted rules impose the obligation on state authorities to follow a precisely defined procedure when choosing a lawyer to provide external legal services. The state authority will always be obliged to contact at least five lawyers, the Slovak Bar Association and the Ministry of Finance of the Slovak Republic when choosing a provider of external legal services. When choosing a lawyer, the state authority will have to pay particular attention to its expertise, professional experience and fees. It is important to point out the possibility of imposing specifying conditions, for example, for a statutory body or lawyer’s staff. The state authority will only be able to avoid this rather complicated procedure for selecting an external legal service provider in cases where it can prove time constraints. It can be assumed that the application of this exemption will be closely monitored to prevent the abuse and circumvention of the rules.

The new rules also stipulate the possibility of choosing the form of remuneration for a lawyer; in other words, both contingent fees and hourly fees may be agreed. In the case of a contingent fee, the rules specify the percentage of the fee depending on the value of the legal matter. In the case of hourly remuneration, the amount of hourly remuneration may not be higher than the hourly remuneration stated in the future cost overview, which the lawyer applying for external legal services submits to the state authority during the selection process.

A state authority using external legal services will also be obliged to publish on its website the minutes of the evaluation of the tenders, the concluded contract and any amendments. Also pursuant to these rules, the Ministry of Finance of the Slovak Republic must be informed.

A state authority that concludes a contract on the provision of legal services before June 1, 2019 shall be obliged to inform the Ministry of Finance of the Slovak Republic of this situation by July 1, 2019. State authorities shall also be obliged to inform the Ministry of Finance of the Slovak Republic of the termination of contracts on the provision of the legal services concluded before June 1, 2019, on the amount of the remuneration provided to the lawyer and on the results of the provided services.

These rules are expected to become effective on June 1, 2019.

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Law firm Hamala Kluch Viglasky defends its position as leader in mergers and acquisitions


The weekly magazine TREND in cooperation with EPRAVO.SK announced the winners of the Law Firm of the Year competition for 2019. The aim of the competition was to provide the local market with an overview of law firms engaged in the key areas of law. Hamala Kluch Víglaský was selected as Law Firm of the Year in the Mergers & Acquisitions category, thus defending its excellence in this category from the previous year. The award ceremony took place on 16 April 2019 in Bratislava.

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In 2018, Hamala Kluch Víglaský successfully executed outstanding transactions and confirmed that mergers and acquisitions is a key area for them. In addition, HKV ranked among the top ranked firms in other fields.

It recorded excellent results in the following categories: Corporate Law, Property Development and Real Estate Projects and Banking & Finance, where it was ranked among highly recommended law firms. “2019 is a year of changes for us and we will soon introduce them. We are very pleased with the excellent results of the competition; they are an incentive to work harder. We appreciate it so much,” stated Roman Hamala, one of the founding partners.

The lawyers from Hamala Kluch Víglaský are constantly ranked by international rating agencies as among the best Slovak lawyers in virtually every key area of law, including banking and financial transactions, construction and real estate, energy, purchases and sales, business and corporate law, capital markets and greenfield projects.

Lukáš Michálik, a partner at HKV stated, “We would like to thank our clients for our successful results in the Law Firm of the Year competition.  They entrust us with responsibility for strategic solutions that often go beyond purely legal work. Last but not least, we highly appreciate our reliable team for their dedication and professionalism.”

Peter Víglaský, another Founding Partner of HKV, added, “Winning the award for mergers and acquisitions reflects the appreciation of our experience, innovation and time flexibility by our clients.”

Founding Partner Martin Kluch also summed up the work of the law firm and commented on its success as follows: “Our goal is to offer our clients a business-oriented approach, effective communication and individual attention. We believe that in this way we will continue to build a long-standing relationship of trust with all our clients.”

About the firm:

Hamala Kluch Víglaský is a dynamic independent Slovak law firm. We provide legal and consultancy services to domestic and foreign clients in all important areas of modern business law, both in the Slovak Republic and abroad. HKV’s lawyers are known for their legal skills, friendly approach and excellent knowledge of the Slovak business environment. As experts on the domestic market, they offer comprehensive advice based on international experience.

HKV’s lawyers have exceptional experience from previous positions in leading Slovak and foreign law firms. They have a modern outlook and apply a business-oriented and proactive approach for efficient and successful transaction management. They constantly make every effort to provide the best legal service at a reasonable price.

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