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Hungarian firm added to Ally Law’s ranks

Hong Kong, 17 May 2019: Ally Law has welcomed its fourth new member of the year with the addition of Hungarian firm KCG Partners to the global legal services organisation.

Formed in 2014 and located in Budapest, KCG Partners is a full service law firm with a strong business focus. It offers a wealth of knowledge in corporate law, M&A, projects and energy, real estate, tax, employment, litigation, privacy and forensics, securitisation, estate planning and capital markets.

“We are delighted to have KCG Partners as part of the growing Ally Law family and their involvement strengthens our presence in Eastern Europe where we already have members in Russia, Poland, Ukraine, Bulgaria, the Czech Republic and Latvia,” commented Colin Cohen, Senior Partner of Boase Cohen & Collins and Chairman of Ally Law’s Expansion Committee.

“It is worth noting that in January the Organisation for Economic Co-operation and Development released a report on the Hungarian economy that projected growth of 3.9% this year and 3.3% in 2020. The report highlighted unprecedented levels of employment, unemployment at historic lows and strong wage growth. It is against this positive background that we look forward to working closely with KCG Partners and developing closer business ties in this emerging market.”

KCG Partners follows in the footsteps of Australian firm Russell Kennedy Aitken Lawyers – confirmed as the representative for New South Wales – TVC Law Firm in Denmark and Al Jabal Consultancy WLL in Bahrain who have joined Ally Law this year.

Boase Cohen & Collins is Hong Kong’s sole representative in Ally Law, which utilises close co-operation between members to help clients overcome their international legal and business challenges. The organisation comprises some 70 firms in almost 50 jurisdictions.

Hungary PHOTO

Budapest-based KCG Partners is the latest addition to Ally Law’s expanding roster of law firms.