Pál Jalsovszky

Pál Jalsovszky is a renowned tax lawyer in Budapest, a leading M&A lawyer in Budapest, and a respected commercial law expert in Hungary, serving as managing partner of Jalsovszky. He specializes in tax law, mergers & acquisitions, and commercial law, advising on domestic and international tax planning, complex corporate structuring, and cross-border transactions. Additionally, his firm offers a full suite of services in banking & finance, capital markets, employment, IP/IT & data, real estate, dispute resolution, and white-collar crime, with Pál playing a pivotal role across multiple areas. Pál has been elected as Hungarian tax advisor of the year several times, he is in the Hall of Fame of Hungarian tax lawyers by Legal500 and is considered as an Eminent Practitioner by Chambers and Partners.

As a tax lawyer in Budapest, he leads advisory and litigation strategies covering holding company formations, employee share schemes, R&D credits, generational transitions, real estate, and cryptocurrency transactions. His role as an M&A lawyer in Budapest places him at the center of high-value cross-border acquisitions, corporate restructurings, and transactional negotiations. His recognized acumen as a commercial law expert in Hungary ensures integrated legal solutions across these disciplines.

Pál brings over 25 years of legal experience. Before his legal carreer he worked as finance advisor and finance manager in the insurance sector.

Pál began his legal carrier at the Budapest office of Magic Circle international law firms, helping build their tax and corporate practices. In 2003, he earned an LL.M. in International Taxation from Leiden University. Shortly after, he founded Jalsovszky in Budapest and has since led its transformation into one of Hungary’s largest independent firms

As managing partner, Pál has shaped the firm’s strategic direction, service integration, and culture—from nurturing junior talent to advancing legal entrepreneurship. Under his leadership, the firm introduced pioneering initiatives like Jalsovszky Academy, a practicum for legal students, and invested in know-how tools such as Legito for contract automation 

Pál has taken the lead in a variety of prominent cases:

• Cross‑border and domestic M&A transactions involving major multinationals, private equity and venture capital investors in finance, real estate, manufacturing, and technology. His capacity as an M&A lawyer in Budapest is recognized in cross-jurisdictional and Hungarian domestic asset and share deals.
• Corporate restructurings for leading Hungarian corporates as well as family owned businesses, integrating regulatory, tax, and corporate governance issues. He is reputed for efficiently combining his corporate and tax knowledge and providing complex solutions to clients.
• Tax litigation and advisory, where Pál serves as primary counsel for tax structurings, regular tax advisory matters as well as tax disputes, maintaining a strong market presence as a tax lawyer in Budapest.
• Steering high-profile legal and regulatory advisory in capital market and financial regulatory matters, acting before the Hungarian National Bank and other authorities .

Although client names remain confidential, his direction of these matters highlights his technical depth and strategic insight.

• Law degree, Eötvös Loránd University, Budapest (1997)
• LL.M. in International Taxation, Leiden University (2003) .
• Tax advisor qualification (Perfekt, 1998).
• M.A. in Economics, University of Economics (Corvinus), Budapest (1994).
• Licensed attorney, member of the Budapest Bar Association (1999).
• Languages: fluent in English and French

These qualifications reflect his strong foundation and international outlook as both a tax lawyer in Budapest and a commercial law expert in Hungary.

Pál is deeply engaged in mentorship, leadership, and professional discourse:

• Publications and thought leadership
• He regularly contributes articles analyzing Hungarian and international tax, corporate, and regulatory topics.
• As part of the firm’s Tax Advice team—voted “Tax Group of the Year” by Wolters Kluwer—his insights have influenced the Hungarian legal community.
• Speaking engagements and conferences
• He frequently addresses legal audiences at conferences including ILN European Regional and in-house events, bridging legal theory and business practice.
• Topics include tax law changes, cross-border M&A, digital transformation, and strategic management.
• Professional and policy involvement
• Board member of Law & Numbers, advocating data-backed legal analysis.
• Active in legal networks such as ILN and participates in shaping policy through professional associations .
• Firm leadership and culture
• Under his leadership, the firm values a human-centric culture, employee fulfillment, and innovation—via initiatives like Jalsovszky Academy and legaltech adoption.
• His mentorship supports emerging talent, including senior associates and juniors throughout the firm.
• Awards and recognition
• Under his leadership, Jalsovszky ranks highly in Chambers and Legal 500 for tax, M&A, and real estate.
• The Tax Advisory group, under Pál’s guidance, has won Wolters Kluwer’s “Tax Group of the Year” award.
• Pál is considered as an Eminent Practitioner by Chamber and Partners and belongs to the Hall of Fame of Hungarian tax lawyers.
• Personal pursuits
• Outside work, Pál enjoys travel, sports, bridge, and literature—a balance that enhances his leadership and strategic thinking.