Two leading Israeli law firms have merged. Shibolet & Co and Raved Magriso Benkel & Co join forces to form a top five law firm. Shibolet & Co is one of the largest law firms in Israel for cross-border transactions and specialises in high tech & venture capital, capital markets, mergers & acquisitions, litigation, energy and infrastructure and project finance. The firm was set up in 1973. Founded in 1990, Raved, Magriso, Benkel & Co is a leading firm for commercial law, litigation, real-estate and hi-tech.
Commenting on the merger, Lior Aviram and Yoram Raved, members of the management committee of the merged firm, said in a statement: 'Both law firms share values of excellence, innovation, fairness and diversity; which will allow us to continue to provide the merged firm’s clients the most professional service available, and lead the change the legal profession will inevitably experience in the coming years, redefining our ability to support our local and global clients’ business needs.'