Law Firm Pricing Based on Value not Time
Pricing professional and, in particular, legal services is complex. Above all, it is the foundation of the relationship with the client, the basis for trust. In our business, hourly rate has been the standard, the default fee arrangement for decades, first in the US, the UK and then Continental Europe. However, time recorded and billed, […]
Bulgaria M&A Market Update
Less deals and slower sale processes. Closing deals is contextual. In H2 2025, some major macro aspects must be factored in: – inflation – budget deficit – raising public and private debt – excessive lending and bad loans – energy sector indebtedness and inefficiencies – lower than predicted GDP growth – lower FDI Add: – […]
Какво не е наред с праговете за уведомления за концентрации в България?
Законите трябва да се променят в отговор на промените в обществената и икономическата среда, които уреждат. Законът за защита на конкуренцията от 2008 г. трябва да се промени в частта за контрол върху концентрациите – и една малка промяна може да има значителен благоприятен ефект за стартиращите, малките и средните бизнеси и инвестициите в страната. […]
Due Diligence as a SWOT Analysis
Plenty has been said of the importance of the due diligence. You may have heard the expression ‘to buy a cat in a sack’. Every buyer in a sales contract has the duty to inspect diligently the product purchased for hidden defects or non-conformity. That being said, the main objectives include: identify the risks for […]
Dealing with Private Equity Interest
What do you do when a private equity fund comes knocking on your door? Ask you out for a dinner to talk about your business? It does not happen very often in Bulgaria. Only a few global and regional PE funds are actively looking into opportunities. So, yeah, go meet them. Talk. They would have […]
Внимание! Фалшиви имейли от името на Aдвoкатско дружество Христов и съдружници
Уважаеми посетители на страницата ни, Получихме информация за разпространение на фалшиви съобщения по електронна поща от името на нашето адвокатско дружество, свързани с твърдени нарушения на търговска/и марка/и. Тези имейли не са изпратени от нас и може да съдържат подвеждащи твърдения или злонамерени линкове. Това представлява злонамерен опит за фишинг (phishing) атака и вероятно има […]
Hristov Partners Place Among the Top Corporate Law Firms in Bulgaria Reconfirmed
Very pleased to announce that the two leading international legal directories recognised repeatedly our firm in their new, 2025, editions. Both The legal 500 and Chambers Global and Europe confirmed our previous rankings among the best dozen corporate, M&A and commercial practices in Bulgaria. Our clients’ feedback has been fenomenal – ‘we are grateful to […]
M&A in Bulgaria 2025 Outlook
Our partners Pavel Hristov and Dragomir Stefanov discussed their views and projections in an interview for CEE Legal Matters. ‘As always, the most attractive targets will be those that have global or international and scalable business models, the best of class products or services and exceptional teams, have credible growth perspectives, and have won a […]
2025 will be different somewhat
Many M&A practitioners are optimistic and predict a better year, higher deal values and volumes. We think that better will not be distributed evenly. Some countries and regions will fare well and outperform others. It is fairly safe to assume that South East Europe and Bulgaria in particular will face headwinds. The unfavourable factors include […]
Closing is not Simply Exchanging a Closing Memo and a Closing Binder
Dealmaking is a dance with a uniquely complex, dynamic and unrehearsed choreography. Numerous factors come into play. Ticking all the boxes, satisfying or waiving the conditions precedent (merger clearances, regulatory and third-party approvals, etc.), every step duly documented and catalogued in a closing memo and a closing binder, and ultimately celebrated at a stylish closing […]