Lakatos, Köves and Partners

Name

Lakatos, Köves and Partners

Legal name

Lakatos, Köves és Társai Ügyvédi Iroda

Website

https://lakatoskoves.hu

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Legal Services

NAICS

Offices of Lawyers (541110)

SIC

Services-Legal Services (8111)

akta.pro primary industry

Real Estate & Construction Law (BPAHAAAE)

akta.pro secondary industries

Family & Private Client (Trusts & Estates) Law (BPAHAAAK), Corporate Trust Services (Trustee, Agent & Escrow Roles) (FSAEAKAB)

Keywords

• Corporate legal advisory
• Mergers and acquisitions
• Banking and finance law
• Capital markets advisory
• Dispute resolution services

Headquarters

HQ city

Budapest

HQ country

Hungary

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Legal Advisory Services: The firm generates revenue through providing legal counsel and representation to corporate clients on transactions, disputes, regulatory compliance, and general corporate matters. Revenue is earned through professional services fees typically structured as hourly rates for advisory work and fixed fees or success fees for transactional mandates.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Lakatos, Köves and Partners is a full-service Hungarian law firm providing partner-led legal counsel to corporate clients across 22 practice areas, covering M&A, Banking & Finance, Capital Markets, Competition, Real Estate, Litigation & Dispute Resolution, Tax, Employment, Data Protection, and sector-specific matters for industries such as Automotive, Aviation, Energy, Healthcare, TMT, and Hospitality. Services are delivered to large domestic and multinational corporations, private equity firms, and financial institutions operating in Hungary and the CEE region.

Product overview

Lakatos, Köves and Partners (LKT) is a Budapest-based law firm offering comprehensive legal advisory services across 22 distinct practice areas. The firm operates as a unified legal services platform rather than a modular product architecture, providing counsel in core corporate and M&A matters alongside specialized practices spanning sectors (Automotive, Aviation, Energy, Healthcare, Hotel, Telecom/Media/Tech) and regulatory domains (Banking & Finance, Capital Markets, Competition, Data Protection/GDPR, Financial Regulatory, Tax Advisory). The firm complements its domestic expertise with international reach through memberships in Lex Mundi (world's largest independent law firm network), the Three Seas Legal Alliance, and SIPAC (Sino International Professional Advisory Council). The firm's 13 partners and counsel provide services in transactional law, litigation, and regulatory compliance primarily for corporate clients operating in Hungary and the CEE region.

Differentiator

Problem solved

Functional benefit

Products and services

• Banking & Finance Practice Legal advisory on banking transactions, financial regulatory matters, debt restructuring, and representation of financial institutions in Hungary.
• Capital Markets Practice Counsel on equity and debt capital markets transactions, IPOs, securities offerings, and listing requirements for issuers and underwriters.
• M&A Practice Mergers and acquisitions legal counsel including transaction structuring, due diligence, negotiation, and completion for domestic and cross-border deals.
• Litigation & Dispute Resolution Practice Commercial litigation, arbitration, dispute resolution, and court representation for complex business disputes and regulatory proceedings.
• Competition & Antitrust Practice Competition law advisory including merger control, abuse of dominance, cartel investigations, and competition compliance programs.
• Real Estate and Construction Practice Real estate transactional and advisory services including acquisitions, disposals, development projects, lease agreements, and construction contracts.
• Corporate / Compliance / Risk Management Practice Corporate governance counsel, compliance program development, risk assessment, and regulatory risk management for enterprise clients.
• Data Protection / GDPR Practice Privacy and data protection legal services ensuring GDPR compliance, data breach response, cross-border data transfers, and privacy policy development.
• Employment Law Practice Labor and employment legal counsel covering workplace policies, restructuring, redundancy programs, works council negotiations, and employment disputes.
• Energy Practice Legal advisory for the energy sector including renewable energy projects, regulatory compliance, energy transactions, and district heating matters.
• Financial Regulatory Practice Regulatory counsel for financial institutions covering licensing, ongoing compliance obligations, and regulatory developments in the Hungarian financial sector.
• Tax Advisory Practice Tax planning and advisory services including corporate tax, indirect taxes, tax structuring, and representation before tax authorities.
• Intellectual Property Practice IP protection and enforcement including trademark registration, patent matters, copyright protection, and technology transfer agreements.
• Telecom, Media & Technology Practice Legal services for telecommunications companies, media businesses, and technology firms covering regulatory compliance, transactions, and technology contracts.
• Automotive Practice Specialized legal counsel for the automotive industry covering regulatory compliance, transactions, and commercial matters specific to automotive manufacturers and suppliers.
• Aviation Practice Legal services for the aviation sector including aircraft financing, leasing, regulatory compliance, and transactional matters for airlines and aviation businesses.
• Hotel Practice Specialized legal services for the hospitality industry including hotel acquisitions, management agreements, and real estate matters for hotel developments.
• Senior Housing & Healthcare Practice Specialized legal counsel for elderly living facilities, senior housing developments, and healthcare investments including structuring and regulatory compliance.
• Projects & Infrastructure Practice Legal counsel for infrastructure projects including project financing, public-private partnerships, and construction-related matters.
• Consumer Protection Practice Legal services addressing consumer rights, unfair commercial practices, and regulatory compliance for businesses in consumer-facing industries.
• Private Clients and Wealth Planning Practice Estate planning, wealth structuring, and private client legal services for high-net-worth individuals and family offices.
• China Desk Specialized service for Chinese clients and businesses operating in Hungary, providing legal counsel with cultural and regulatory expertise for Sino-Hungarian transactions.

Quantifiable outcome

• Advised on Vodafone Hungary sale valued at HUF 660bn (€1.7bn)
• +3 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• Lex MundicoreStrategic or Co-development Partner · 20 September 2024Lakatos, Köves & Partners became the exclusive Hungarian member of Lex Mundi, the world's largest network of independent law firms. This membership provides access to global legal expertise and enables the firm to serve clients' international needs through trusted relationships with member firms worldwide.
• The Sino International Professional Advisory Council (SIPAC)coreStrategic or Co-development Partner · 7 May 2024Lakatos, Köves and Partners joined SIPAC, a global network of outstanding professional services firms built to service every facet of the Chinese legal market. This membership enhances the firm's China Desk practice and enables comprehensive service for clients with interests in China and Chinese companies investing in Europe.
• Three Seas Legal AlliancecoreStrategic or Co-development Partner · 6 September 2023A group of leading law firms from each country in the Three Seas Initiative (covering Central, Eastern, and Southeast Europe) came together to provide legal support to the Initiative and client needs. LKT is a founding member representing Hungary in this alliance.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Bird & Bird (Hungary): International firm with a Budapest office known for technology, IP, and corporate work. Competes with LKT's TMT, IP, and corporate practices for Hungarian and regional mandates.
• Nagy & Trócsányi: Historic Hungarian full-service law firm and the most direct domestic competitor to LKT, competing in the same M&A, corporate, banking, and dispute resolution mandates. Recently merged into Schoenherr, intensifying competition. LKT hired away its former Managing Partner Péter Berethalmi in 2024.
• CMS (Cameron McKenna): Global law firm with a long-standing Budapest office providing full-service legal advisory in Hungary. Direct competitor for corporate, M&A, banking & finance, and real estate mandates.
• Wolf Theiss: Austrian/Central European full-service firm with a leading Budapest office and a strong regional M&A, banking, and real estate practice. Competes head-to-head with LKT on Hungarian and CEE cross-border transactions.
• Schoenherr (Hungary): Austrian-headquartered full-service firm with a top-ranked Budapest office active in CEE M&A, corporate, banking, and competition. Directly competes with LKT for the same Tier 1 Hungarian/CEE transactional mandates and is now amplified by integration of the former Nagy & Trócsányi.

Emerging players

• Kinstellar: CEE-focused full-service law firm with offices in Hungary and other CEE jurisdictions. An emerging regional player competing for similar mid- and large-cap M&A and corporate mandates in Hungary.

Broad incumbents

• Dentons (Hungary): Global full-service firm with significant Budapest presence and broad CEE coverage. Provides overlapping capabilities with LKT in M&A, banking, real estate, and dispute resolution, but operates at global scale across many other geographies.
• Linklaters (Hungary): Global Magic Circle firm with a Hungarian practice active in cross-border M&A, capital markets, and banking. Competes with LKT on premium Hungarian/CEE mandates, particularly alongside international clients.
• Clifford Chance (Budapest): Global Magic Circle firm from whose Budapest office LKT was founded in 2009. Continues to compete for the largest Hungarian and cross-border mandates, particularly in banking, capital markets, and large M&A; LKT works alongside it on certain mandates.
• Hogan Lovells (Hungary): Global firm with Budapest office providing broad corporate, banking, and regulatory advisory. Overlaps with LKT on large Hungarian transactional and regulatory mandates.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/lawfirmhungary
• LinkedInlinkedin.com/company/lakatos-k-ves-and-partners

Revenue estimate

Valuation estimate

Number of profiles

Profiles22 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lakatos, Köves and Partners