articles | 28 December 2023 | Elias Neocleous & Co LLC

A 2023 timeline of innovative growth and outstanding professional successes – part 1

As 2023 draws to a close, we reflect on the year gone by and assess how our firm has consistently upheld its core values: delivering top-tier, strategic legal solutions to global clients, advancing technological innovation, and engaging in community outreach. This timeline is a glimpse of our efforts to embody these values over the last 12 months.

Leading independent ratings

Elias Neocleous & Co LLC (ENC) is comprised of the highest quality legal industry experts who play an integral role in shaping our market reputation by solving complex legal challenges faced by global clients, businesses, and sectors. We seek to recruit and retain the brightest legal minds to drive continuous growth and ensure retentive client relationships. As a result of our multidisciplinary expertise, ENC has been awarded prestigious accolades across different practice areas and has seen individual talent within the firm receive outstanding recognition for their expertise and legal acumen.

This is how we performed in 2023:


2023 Legal 500 – Elias Neocleous & Co LLC maintains position ahead of the pack

All nine ENC departments were rated as Tier 1 by the Legal 500 rankings for Cyprus, the only law firm in the country to achieve this. We are also pleased to note that 21 lawyers have been mentioned by name in Legal 500 EMEA commentary for their standout contribution to their respective practices.

Honoured with Business Innovation Award for Advancing Industry Standards

ENC was the recipient of the prestigious IN Business Award 2022 in the category Business Innovation for its groundbreaking contributions to advancing industry standards with its revolutionary ALSP platform neolaw.ai. Notably, ENC was the only law firm to be included in this category, in a field composed of cutting-edge Fintech, biotech, and gaming companies from across the country.

ENC receives accolade at the 2023 EMEA Women in Business Law Awards

ENC was the recipient of a Jurisdictional Award at the 2023 Women in Business Law Awards for Europe, the Middle East and Africa (EMEA). The awards celebrate the efforts and achievements of law and professional services firms across the EMEA region in helping women to advance in the legal profession, in terms of their gender policies, advocacy, and support of women in the practice of law.

Band 1 ranking in Chambers High Net Worth Guide 2023

Both ENC’s Private Client department and Head of Department Elias Neocleous, were listed in the ‘Band 1’ category of the Chambers High Net Worth Guide 2023. The guide is a world-renowned, leading independent publication which annually ranks the best-in-class lawyers and law firms working in the private wealth sector worldwide.

Recognised as a leading global law firm by India Business Law Journal

For the 5th consecutive year, the India Business Law Journal (IBLJ) recognized ENC as a leading foreign law firm for India-related work, the only firm in Cyprus to receive this distinguished accolade. IBLJ is a market-leading publication dedicated to delivering expert analysis on the legal and regulatory challenges facing businesses in India and abroad.

ENC tops prestigious Cyprus law firms list

ENC once again secured the coveted top spot in Gold Business Magazine’s prestigious annual list of the ’90 Leading law firms in Cyprus’.  This recognition served as a resounding endorsement of the firm’s contributions to the Cyprus legal sector and reinforces its standing as a leader in this domain.

Triple triumph for Elias Neocleous & Co LLC in ITR World Tax Rankings 2024

Our firm achieved a Tier 1 Ranking in 3 key categories, Tax, Tax Controversy and Transfer Pricingby ITR World Tax Rankings 2024, one of the world’s most comprehensive guides to leading tax firms. ENC was the only firm among Cyprus’ law

Tier 1 IFLR1000 ranking for Europe with 4 lawyers also garnering recognition

ENC achieved a Tier 1 ranking in Cyprus in the field of financial and corporate law, with 4 of the firm’s lawyers also receiving distinguished recognition from IFLR1000 for their expertise and contributions to the profession.

ENC announced “Tax Firm of the Year” at the 2023 ITR EMEA Tax Awards!

For the 2nd consecutive year in a row, ENC was announced Tax Firm of the Year at the ITR EMEA Tax Awards. This award is a sought-after accolade among tax teams and practitioners across the globe and is evidence of the world-class expertise and legal acumen demonstrated by our firm’s exceptional Tax Planning and Advanced Business Restructuring Team.

2 ENC lawyers elected to prominent positions within the legal community

Nicolas Tsardellis, a distinguished Partner at our firm, has been elected as the Vice President of the Cyprus Bar Association, and will also actively participate in the Advocate’s Pension Fund and the Legal Council, further contributing to the growth and development of the legal community in Cyprus. Additionally, Iasonas Telemachou, a dedicated and accomplished advocate at our firm, was elected as President of the Paphos Bar Association.

Elias Neocleous & Co LLC retains elite position among Global Restructuring Review's Top 100!

Ending 2023 on a high note, for the 5th consecutive time, Elias Neocleous & Co LLC has been included in the prestigious GRR100 list released by Global Restructuring Review (GRR) in its 2023 guide to some of the world’s largest and most influential law firms for cross-border restructuring and insolvency matters. Notably, ENC is the only law firm in Cyprus selected for inclusion in the list. 

Ultimately, the most important judges of our quality as a legal firm are you, our clients and we would like to thank you for your continued faith in us throughout the year.

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