{"id":4555,"date":"2023-12-18T09:43:15","date_gmt":"2023-12-18T08:43:15","guid":{"rendered":"https:\/\/blogs.dlapiper.com\/advocatus\/?p=4555"},"modified":"2023-12-18T09:48:51","modified_gmt":"2023-12-18T08:48:51","slug":"interview-with-andras-nemescsoi-head-of-litigation-and-regulatory","status":"publish","type":"post","link":"https:\/\/blogs.dlapiper.com\/advocatus\/2023\/12\/interview-with-andras-nemescsoi-head-of-litigation-and-regulatory\/","title":{"rendered":"Interview with Andr\u00e1s Nemescs\u00f3i | BBJ Top Legal Executives in Hungary"},"content":{"rendered":"\t\t
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In the latest edition of BBJ\u2019s Top 50 Legal Executives in Hungary Andr\u00e1s Nemescs\u00f3i,\u00a0Head of Litigation and Regulatory at DLA Piper Hungary shared his thoughts on the current and future challenges of the legal market.\u00a0<\/i><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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How has the legal profession changed since you qualified and what\u2019s been the biggest challenge for you?<\/strong><\/p>

When I started my career as a lawyer in 2004, we were working in a very different environment. Compared to the tools available now, there were limited technical resources in terms of legal research, document and database review, translations and, first of all, communication. Being part of a multinational organisation, all of these developments played a crucial role in making our professional life more effective, efficient and convenient. DLA Piper itself has changed and evolved dramatically over the last couple of decades: in 2004 it was almost a newcomer in the global legal arena, while today it\u2019s one of the (if not\u00a0the<\/em>) biggest law firm in the world. The firm has been the most transformative in the last decade, I believe.<\/p>

Having said that, the central element of our profession; understanding and properly addressing our clients\u2019 needs, hasn\u2019t changed and most probably won\u2019t change in the future.<\/p>

How do you expect digitization and AI to affect the legal profession?<\/span><\/p>

Digitalization and AI are already affecting in our life at DLA Piper. From the due diligence processes, through the internal cartel or anti-bribery investigations, to the automated document creations, we already use them everyday. DLA Piper has also launched its own AI products, like Aiscension. It scans and analyses millions of communications in a minute to identify suspicious patterns or behaviours that are out of the ordinary. It\u2019s great tool to increase business security and compliance.<\/p>

New technology can be used best where it exceeds human capacities. I certainly expect this tendency to accelerate. Nevertheless, these tools \u2013 no matter how fantastic they are \u2013 are to make our services more accurate and efficient, but can\u2019t replace the human element, at least not for a while. We face, however, a new IT revolution and no one really knows what the long-term consequences might be. The legal profession is also exposed to this change. The most important qualities in such a period are flexibility and ability to quickly adapt.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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Background<\/b>
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Andr\u00e1s Nemescs\u00f3i is the head of the Litigation and Regulatory group at DLA Piper Hungary. He has significant experience in both regulatory matters and M&A transactions. Andr\u00e1s is also a high-profile dispute resolution lawyer, especially in the field of investment (BIT-based) arbitration. His primary focus is on capital market and financial regulatory (stock exchange, clearing and settlement, banking and investment services). Before joining DLA Piper in 2004, he worked for the Hungarian financial regulator, where he held various leading positions.<\/p>\n

Andr\u00e1s is a member of the Advisory Board and the Issuers\u2019 Committee of the Budapest Stock Exchange and was Chairman of the Board of Directors of the Hungarian Investor Protection Fund between 2016 and 2022.<\/p>\n

Outside his professional career, he\u2019s interested in the winemaking and spirit distilling sectors. He takes part in several sports (including tennis and sailing) and he has four children.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Technology aside, what will be the next significant legal trend to shape the market here?<\/strong><\/p>

It was quite a while ago when the Big Four accounting firms launched their legal services provider spinoffs. But in the last few years, big law firms have also started entering the business advisory market. I expect this to continue. As one of the first to do this, DLA Piper\u2019s Budapest office established DLA Piper Business Advisory, providing a wide range of advisory services, including business planning, state aid advice and valuations. There are more and more engagements when our lawyers and our business advisors can work together, addressing challenges with a holistic approach and a real problem-oriented mindset. Our clients really like this. And our colleagues also benefit from this cooperation: our lawyers understand the underlying economics of a corporation or a transaction better, while our advisory colleagues get to know regulatory considerations. At the end of the day, our clients get higher quality services.<\/p>

Given that Hungary has a very tight labour market in almost all fields, are you concerned about finding enough suitably qualified junior lawyers?<\/strong><\/p>

I see some negative tendencies but I\u2019m not really concerned. Talent always finds a way, and good firms can attract talent in any market.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\n\t\t\t\t\t\t\tAndr\u00e1s Nemescs\u00f3i heads the Litigation and Regulatory group at DLA Piper Hungary. He has significant experience in both regulatory and administrative matters and is a high-profile lawyer focusing on dispute resolution. He is experienced in investment (BIT based) international arbitration. His primary focus is on financial regulatory issues (stock exchange, clearing and settlement, banking and investment services) and EU subsidies.\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\tSend e-mail\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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How can we help? Get in touch.<\/b><\/h2>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Follow us on LinkedIn<\/b><\/h2>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Read our latest articles<\/b><\/h4>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\tRugalmass\u00e1g \u00e9s \u00fajrapozicion\u00e1l\u00e1s: merre tart a magyar ingatlanpiac 2026-ban?\t\t\t<\/a>\n\t\t<\/h4>\n\t\t\t\t
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Megjelent a DLA Piper Hungary Hazai Ingatlanpiaci K\u00f6rk\u00e9p 2026, amelyben szak\u00e9rt\u0151ink \u00f6sszefoglalt\u00e1k az elm\u00falt \u00e9v meghat\u00e1roz\u00f3 ingatlanpiaci trendjeit \u00e9s a piac j\u00f6v\u0151beni kil\u00e1t\u00e1sait. Az idei kiad\u00e1s fontos m\u00e9rf\u00f6ldk\u00f6vet jelent: els\u0151 alkalommal eg\u00e9sz\u00edtett\u00fck ki elemz\u00e9s\u00fcnket \u00fcgyfeleink \u00e9s a piac vezet\u0151 szerepl\u0151inek els\u0151 k\u00e9zb\u0151l sz\u00e1rmaz\u00f3 tapasztalataival \u00e9s v\u00e1rakoz\u00e1saival, amelyeket saj\u00e1t jogi elemz\u00e9s\u00fcnkkel \u00f6tv\u00f6zt\u00fcnk. Ennek k\u00f6sz\u00f6nhet\u0151en riportunk \u00e1tfog\u00f3bb \u00e9s teljesebb k\u00e9pet ny\u00fajt a magyarorsz\u00e1gi ingatlanpiac aktu\u00e1lis helyzet\u00e9r\u0151l.<\/p>\n\t\t<\/div>\n\t\t\n\t\t\n\t\t\tTov\u00e1bb >>\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\tInterview with D\u00e1vid K\u0151hegyi published on B\u00f8rsen\t\t\t<\/a>\n\t\t<\/h4>\n\t\t\t\t
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Read the latest interview with D\u00e1vid K\u0151hegyi published on\u00a0B\u00f8rsen, one of Denmark\u2019s leading and most influential business and financial newspapers. Please note that the text<\/p>\n\t\t<\/div>\n\t\t\n\t\t\n\t\t\tTov\u00e1bb >>\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t\t\n\t\t\tK\u0151hegyi D\u00e1vid\t\t<\/span>\n\t\t\t\t\n\t\t\t2026-03-13\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\t\u00c1trendez\u0151d\u0151 er\u0151viszonyok a z\u00f6ld energia \u00e1tmenetben: merre tart az M&A\u2011piac \u00e9s a r\u00e9gi\u00f3 befektet\u00e9si t\u00e9rk\u00e9pe?\t\t\t<\/a>\n\t\t<\/h4>\n\t\t\t\t
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A DLA Piper 2026-os energia \u00e1tmeneti M&A jelent\u00e9se (Energy Transition M&A Report 2026*) szerint a glob\u00e1lis tranzakci\u00f3s dinamika egyszerre mutatott visszaes\u00e9st \u00e9s er\u0151s\u00f6d\u00e9st.<\/p>\n\t\t<\/div>\n\t\t\n\t\t\n\t\t\tTov\u00e1bb >>\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t

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In the latest edition of BBJ\u2019s Top 50 Legal Executives in Hungary Andr\u00e1s Nemescs\u00f3i, Head of Litigation and Regulatory at DLA Piper Hungary shared his thoughts on the current and future challenges of the legal market. <\/p>\n","protected":false},"author":1,"featured_media":4123,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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