02
Sat, Mar
42 New Articles

David Hanis joined Oppenheim in Budapest to specialize in energy fresh out of law school, and has never looked back. 15 years later, just before Christmas 2023, CEE Legal Matters reported on his appointment to a Partner position at the same firm. Demonstrating you can move forward by staying in the same place, he shares his story below.

In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. With 2023 marching to an end, we looked ahead and asked about strategies for next year: As the budgeting period is around the corner, compared to 2023, what are the main budgeting lines you expect to increase for 2024 and why?

Oppenheim has advised the China National Machinery Import & Export Corporation and China Power International Holding on the acquisition of a project company developing a photovoltaic project with an installed capacity of 53.9 megawatts in Tiszafured, Hungary. Schoenherr advised the ID Energy Group on the sale.

In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. Shifting our focus to the financial aspects of legal work, we asked: What percentage of your issued bills end up being overdue, what percentage end up never paid, and what is your firm’s/office’s standard methodology to handle both cases?

Not even half a year has passed since ChatGPT’s AI-supported chatbot started its public career in the online space and we have already heard of the first (?) lawyer who got in trouble in court for using AI to do background research. For those who missed the story, the chatbot “created” some fake case law examples, and upon several follow-up questions, the AI even confirmed that the cases were real. The references to these cases were then submitted to a US court where it quickly became clear that the cases never existed. Apart from the procedural problems this caused for the lawyer involved, this was an eye-opener for many in the legal industry.

As of 1 January 2023, the Labour Code was amended on several points, creating significant new obligations on the employers' side. We summarize the most impactful parts of the amendments, as well as the novel employers' obligations resulting from such amendments.

On June 29, 2022, CEE Legal Matters reported that Oppenheim elected new members to its management board, with Istvan Szatmary becoming the firm’s new Managing Partner, while Jozsef Bulcsu Fenyvesi and Aron Laszlo undertook non-executive roles. We spoke with Szatmary, Fenyvesi, and Laszlo and discussed the process of transition, the firm's new agenda, and upcoming plans.

On July 7, four leading lawyers from Austria, the Czech Republic, Hungary, and Ukraine sat down for a virtual round table moderated by CEE Legal Matters Managing Editor Radu Cotarcea to discuss the increasing prominence of ESG issues and their impact on M&A transactions, due diligence procedures, and the role of the lawyers themselves.

On June 30, 2022, CEE Legal Matters hosted the fifth edition of the CEELM Budapest Law Firm Bowling Challenge: A competition of four-person teams from leading law firms in Hungary, with all proceeds going to the previous winner’s charity of choice. A total of 13 law firms competed for the trophy – and the bragging rights that go along with it.

Page 1 of 2

Oppenheim at a Glance

Oppenheim is one of Central and Eastern Europe’s most innovative law firms. Our clients receive clear, simple and transparent legal solutions to their problems. They rely on us to provide them with comprehensive legal support in all areas of Hungarian and international business through our team of over 40 forward-thinking and success-oriented lawyers and legal experts.

Due to our tradition of retaining the best talent, our clients can take advantage of our team of top legal minds, a team with over 20 years of expertise together and a deep understanding of all business sectors and practices. In light of this experience, we understand the importance of tailoring our legal solutions to match the business needs of our clients.

Oppenheim is widely recognized as a market leader in the vast majority of its practice areas by the principal ranking agencies, including Legal 500, Chambers and Partners, Practical Law Company and IFLR.

Firm's website: www.oppenheimlegal.com/