CERTIFIED for information Security Management

Trust is earned. Security is proven.At Herzog, protecting the information our clients entrust to us is a responsibility we take seriously—and a commitment we can now demonstrate with independent certification. Herzog has received ISO/IEC 27001:2022 certification from the Standards Institution of Israel, confirming that our Information Security Management System meets a leading international standard. For […]
From Scientific Discovery to Life-Saving Vaccines: The Role of Patents in Medical Innovation

The development of the hepatitis B vaccine demonstrates the vital connection between scientific research, medical innovation and intellectual property protection. From a Nobel Prize-winning discovery to a vaccine that transformed global public health, the journey involved years of research, substantial investment and strategic patent protection. In an article published by CDS-Luthi, Dr. Ilan Cohn, Partner […]
Odysight.ai lists on Nasdaq with $24M Public Offering!

Kudos to our client OdysightAI, a pioneer in AI-powered Predictive Maintenance (PdM) and Condition-Based Monitoring (CBM) markets with its visualization and AI platform, for completing its uplisting to the Nasdaq Capital Market from OTCQB, by raising $24 million! The offering was underwritten by The Benchmark Company, LLC, with Phoenix Underwriting and Apex Issuances serving as […]
Meitav’s Global Share Offering Raises NIS 500M

We are proud to have represented Meitav Investment House Ltd, one of Israel’s leading investment institutions, in its successful global offering of shares to both international and Israeli institutional investors. The total amount raised in the offering was approximately NIS 500 million (US$153 million), with strong demand generated through an intensive bookbuilding process – a clear […]
Herzog advises on Bank Discount’s €500M International Covered Bonds Offering

Herzog is proud to have served as counsel to Barclays Bank in connection with Israel Discount Bank’s inaugural €500 million Covered Bonds offering to international investors. The transaction was led by Partners Irit Roth (Banking & Finance), Ron Ben-Menachem (Capital Markets), Roy Nachimzon (Banking & Finance) and Mohammad Mawasi (Capital Markets), together with Associates Nathan […]
Bank Leumi’s pioneering €750 Million International Covered Bonds Offering

Proud to have served as counsel to Bank Leumi in its inaugural €750 million Covered Bonds offering to international investors—the first-ever offering of Covered Bonds by an Israeli issuer. This landmark transaction ranks among the most complex and innovative deals we have worked on. The transaction was led by Partners Irit Roth (Banking and Finance) […]
Issuer Counsel to Bank Leumi in a $1B International Bonds Offering

We are proud to have advised Bank Leumi on its $1 billion international bonds offering. The transaction combined expertise from our capital markets, banking and tax teams, and was led by Ron Ben-Menachem, Irit Roth and Mohammad Mawasi, together with Dr. Ehab Farah, and associates Hillel Billauer and Eden Ressler. Read more >> HERE
DoiT Again!

DoiT continues its successful acquisition streak. We represented our client, DoiT International, a global leader in cloud management, in its acquisition of Attribute, an Israeli startup building cutting-edge technology that helps companies understand, control, and optimize the massive costs that come with running AI. As AI reshapes industries, organizations are spending rapidly growing sums on […]
If You Will It, It Is No Dream – Advancing Alternatives to Criminal Enforcement Against Corporations Without Legislative Reform

In their article, Dr. Zvi Gabbay and Hadar Israeli examine the challenges of corporate criminal enforcement and the limitations of traditional criminal proceedings against corporations. Drawing on enforcement practices developed in the United States, the authors explore alternatives to corporate criminal prosecution, including Deferred Prosecution Agreements (DPAs) and Non-Prosecution Agreements (NPAs). They argue that similar […]
Encouraging Corporations to Investigate Potential Misconduct on Their Own – A Comparative View of Israel and the U.S.

The U.S. approach stands in sharp contrast. For much of the past two decades, civil and criminal regulatory agencies in the U.S. have viewed corporate internal investigations as a routine and valuable part of the process by which they identify, investigate, and resolve allegations of corporate malfeasance. Is Israel taking note of the U.S. approach? […]
Israel Securities Authority – What Constitutes Securities Fraud?

The Israel Securities Authority has published an updated legal staff position paper on securities fraud. In it, the ISA seeks to detail indicators which the ISA believes point to suspicions of securities fraud that justify opening a criminal investigation. The law prohibits influence of stock prices by the use “fraudulent means”. However, the legislature has […]
Israel Securities Authority Publishes Sentencings Guidelines for Administrative Procedures

For the first time, the Israel Securities Authority has published Sentencing Guidelines for Administrative Procedures which contain the considerations guiding its determination of sanctions for individual violators and corporations in an administrative procedure. One goal of the new guidelines is to advance a standard and equal punishment system that creates far more certainty for alleged […]
Herzog Named Best Law Firm in Voluntary Carbon Markets for 2026

Herzog is proud to announce it has been named Best Law Firm in Voluntary Carbon Markets for 2026 by leading international publication Environmental Finance. This significant global recognition is the result of the unwavering teamwork and creativity of our Environment and Climate Change practice, which has been at the forefront of policy, regulation and transactional […]
Herzog authors Chambers Global Practice Guide: Enforcement of Judgments (Israel)

Our Litigation & Dispute Resolution Department authored the Israel chapter of the Chambers Global Practice Guide: Enforcement of Judgments 2025. The chapter was written by Litigation department head Joseph (Yossi) Ashkenazi, Senior Partner Haim Machluf, and Head of International Arbitration Roy Schöndorf—bringing practical, cross-border enforcement insight from the courtroom to the page. Because winning a […]
Israel: A Labour & Employment Overview

Israeli labour law continued to evolve throughout 2025, adapting to both emerging and ongoing challenges in the local market and the broader employment landscape. The year’s developments were marked by increased regulatory involvement in safeguarding employees’ rights, particularly in the area of workplace privacy, alongside a stronger legal and judicial emphasis on fair employment conditions […]
The Nokia case: ‘genuine collective purpose’ and the future of enterprise-based representation

On 10 June 2025, the National Labour Court issued a ruling in the matter of The New General Federation of Labour (Histadrut) – Nokia R&D and Marketing Employees’ Union (the Nokia case).[1] The National Labour Court’s decision in the Nokia case offers a particularly compelling lens through which to examine one of the most contested […]
Herzog Authors the Employment Law Chapter in US-Israel Legal Review 2026
Herzog’s Labour & Employment team contributed the Israel employment law chapter to the 2026 edition of The US-Israel Legal Review. The chapter provides a concise overview of current trends and developments in Israeli labour and employment law, with a focus on issues relevant to multinational employers operating in Israel. For U.S. and other international companies, […]
Herzog contributes Israel chapter to Chambers Tax Controversy 2026 Guide
Herzog’s Tax Department has authored the Israel chapter in the Chambers Global Practice Guide: Tax Controversy 2026. Written by Meir Linzen, Yuval Navot, Ofer Granot and Sophie Matatyaho, the chapter provides a practical overview of tax controversy in Israel, including tax audits, administrative proceedings, litigation before Israeli courts, appeals, enforcement trends, transfer pricing disputes, cross-border […]
Asi Messing, former General Counsel of the Ministry of Finance, is joining Herzog

We are very pleased to share that Adv. Asi Messing, former General Counsel of the Ministry of Finance, is joining Herzog as a partner and Head of the Public Economic Law practice. Asi will significantly strengthen of the firm’s activity in the field of Economic Public Law, combining his deep regulatory expertise with a broad strategic […]
Op-Ed by Dr. Ruth Dagan and Hanni Maoz

Op-Ed by Dr. Ruth Dagan and Hanni Maoz of our Environment and Climate Change Practice, published in the prestigious Environmental Finance. The Op-Ed examines how global carbon markets are entering a new phase, one where legal architecture is finally catching up with market development, and identifies the key legal building blocks needed to unlock corporate […]
ENVIRONMENT & CLIMATE CHANGE PRACTICE – About Us

ENVIRONMENT & CLIMATE CHANGE PRACTICE Legal Leadership in Corporate Sustainability, Climate Finance and Carbon Markets Click Here
Withholding Tax Exemption Certificate

The Israeli tax system is based on a comprehensive withholding regime. This regime requires payors to withhold taxes from payments they make and remit the withheld taxes to the Israeli Tax Authority. The withholding rate depends on the type of payment, and it can range between 15%-50% of the gross payment (without any deductions). To […]
Dr. Ruth Dagan on Biodiversity as a Financial Risk and Opportunity – Webinar Highlights

Dr. Ruth Dagan spoke at a webinar organized by ECOncrete, titled “Scaling Marine Nature Markets: Practical Insights from Finance & Regulatory Experts”. Dr. Ruth Dagan focused on the growing recognition of nature and biodiversity loss as a material financial risk and, increasingly, a source of financial opportunity. She highlighted key international frameworks shaping the financial […]
Carbon emissions have become a commodity. And a commodity has a price, a market, and winners and losers

What was once a “green slide” in an ESG presentation is rapidly becoming a financial, regulatory, and commercial infrastructure that is reshaping the global emissions economy—and redefining the rules of the game for exporters, banks, investors, and technology companies. In the following opinion piece, Dr. Ruth Dagan (Partner and Head of the Environment and Climate […]
Herzog Litigation Partner Authors Israeli Chapter in International Force Majeure Legal Guide
Dr. Moran Yemini, a senior partner in Herzog’s Litigation Department, has authored the Israeli chapter in Force Majeure – An International Comparative Analysis (eds. Louis Garb, Julian Copeman and Richard Mendoza, 2026). The book presents a comparative analysis of force majeure across jurisdictions. Moran’s chapter examines the Israeli legal framework and case law governing contractual […]
Herzog contributed the Israel IEL Guide to Restructuring a Cross-Border Workforce 2026

Herzog has contributed the Israel chapter to the International Employment Lawyer Guide to Restructuring a Cross-Border Workforce. The chapter was authored by Partners Liat Shaked-Katz and Chagai Vered and Keren Assaf, reflecting the depth of experience of Herzog’s Employment & Labour Department in advising on complex workforce restructurings. It provides a practical overview of the […]
Meet our new Partners – 2026

We are pleased to announce the admission of 19 new partners for 2026. Looking ahead, we are confident that our new partners will continue to take on a central role in leading teams, strengthening client relationships, and delivering high-quality, practical legal advice to clients, while contributing to Herzog’s professional excellence and long-term growth. Uri […]
Herzog’s Private Clients, Trusts and Estates Department, ranked Band 1 by Chambers, authored the Israel overview for the latest HNW 2025 directory.

Herzog’s Private Clients, Trusts and Estates Department, ranked Band 1 by Chambers, authored the Israel overview for the latest HNW 2025 directory. Written by Head of Tax Meir Linzen, Senior Partner and lead Private Wealth lawyer Guy Katz, and rising star Partner Sophie Matatyaho, the chapter offers a short, topical, and practical introduction to the […]
Herzog authors Chambers Global Practice Guide: Enforcement of Judgments (Israel)

Our Litigation & Dispute Resolution Department authored the Israel chapter of the Chambers Global Practice Guide: Enforcement of Judgments 2025. The chapter was written by Litigation department head Joseph (Yossi) Ashkenazi, Senior Partner Haim Machluf, and Head of International Arbitration Roy Schöndorf—bringing practical, cross-border enforcement insight from the courtroom to the page. Because winning a […]
Herzog Authors Israel Chapter in Chambers Global Practice Guide 2025: Collective Redress & Class Actions

Herzog has contributed the Israel chapter to the 2025 edition of the Chambers and Partners Global Practice Guide, Collective Redress & Class Actions. Authored by Joseph Ashkenazi, Head of Herzog’s Litigation Department, together with Shai Kagan, Isaac Shragay and Moran Yemini, the chapter offers a focused overview of Israel’s class action regime, including the legal […]


