The Legal 500 - The Clients Guide to Law FirmsLegal 500 EMEA

Dyulgerova & Penkova Law Firm is included in the rankings of the 2013, 2014, 2015, 2016, 2017, 2018 and 2019 editions of the independent legal research directory Legal 500 EMEA ( (2013, 2014 and 2015 – for the practice areas of Corporate and M&A, Dispute Resolution and Real Estate and Construction, 2016, 2017 and 2018 – for the practice areas of Commercial, Corporate and M&A and Real Estate and Construction, 2019 – for the practice areas of Commercial, Corporate and M&A, Dispute Resolution and Real Estate and Construction).


‘Dyulgerova & Penkova Law Firm handles day-to-day corporate matters for clients, including drafting, amending and terminating contracts, writing internal rules, ensuring compliance in marketing and promotional campaigns, and safeguarding personal data. Practice head Victoria Penkova specialises in handling complex transactions and acquisitions. Diana Milkova is another key contact.’

‘Dyulgerova & Penkova Law Firm’s team is highly skilled and provides full scope, useful legal advice.’ ‘They are very flexible, adaptive to customers’ needs and have proved the high quality of their work and advice throughout the long relationship we have with them.’

‘Dyulgerova & Penkova Law Firm’s dispute resolution practice is experienced in both litigation and arbitration. The ‘extremely talented’ practice head Victoria Penkova represents clients in civil, arbitral and administrative cases, with particular expertise in FIDIC contracts in construction matters.’

‘The legal services provided are always to the highest standard.’

‘Dyulgerova & Penkova Law Firm has provided a supportive, structured process of settling our disputes.’ ‘I am more than pleased with the law team; they were part of an international team who managed to win a complex arbitration case before the International Chamber of Commerce so as our claims were found reasonable.’

Dyulgerova & Penkova Law Firm’s “high quality” team allows “easy access to senior partners”. Dyulgerova & Penkova Law Firm is “devoted to the needs of the client”.

Team head Victoria Penkova has “excellent industry knowledge”. With “in-depth knowledge” and “a reputation for excellence”. Lyubimka Dyulgerova “demonstrated impressive trial skills” and is “excellent at finding creative solutions”. Lyubimka Dyulgerova is praised for her “knowledge, trail skills and personal attitude to the clients and their needs”.

Dyulgerova & Penkova Law Firm has a “strong” team. Lyubimka Dyulgerova and Victoria Penkova “collaborate perfectly”. Dyulgerova & Penkova Law Firm is “a reliable partner” with “perfect knowledge of the relevant legislation”.

Noted for its “in-depth knowledge”, “high level of professionalism and accuracy” and “excellent response time”. Dyulgerova and Penkova’s team shows “an excellent industry knowledge” and “brilliant business acumen”. Dyulgerova & Penkova Law Firm fields an “outstanding team of reliable lawyers” who demonstrate “impressive professionalism, loyalty and attention to detail”.

Managing partner Victoria Penkova leads an ‘extremely responsive‘ and ‘commercially orientated‘ team that provides a ‘personal touch in their communication with customers‘. Diana Milkova is ‘amazingly quick to respond‘.

‘The firm understands the expectations of both our entities: the Bulgarian and the American. They are at our disposal at any time and are extremely responsive. They show great competency in the Bulgarian as well as international legal standards.’

‘Diana Milkova is always available and extremely flexible. She has adapted quickly to our needs, understands our business and has become a valuable partner in our day-to-day operations. Her advice has been of high quality and great benefit to our company.

Victoria Penkova has provided valuable input in our legal matters. She has shown us that we are a valued customer and has been there to address any questions we have.’

Practice head Victoria Penkova and Diana Milkova are ‘efficient, easy to work with and knowledgeable in the field of real estate and construction‘.

We have used Dyulgerova & Penkova’s services for more than 14 years and we have always had smooth business processes with no issues – no matter if it is related to real estate or construction or any other topic. Our rights have been protected because of their careful consideration.’

‘High accountability and perseverance. Great research and analytical skills. Strong project management and people skills. Good listening skills.’

‘Our company, being a real estate consultancy agency, has been working for the last ten years, through our clients, with almost all big law firms based in Bulgaria. But we can confirm that the small law firm of Dyulgerova & Penkova is easier to work with, because the team is more focused and pays personal attention to each client and case. Profound knowledge of the real estate sector, excellent judgment, integrity, and attention to details are their distinctive and valuable qualities. They demonstrate enthusiasm and motivation to work and to provide comprehensive solutions for any case.’

Chambers Europe 2018

Dyulgerova & Penkova Law Firm is included in the rankings of the 2012, 2013, 2014, 2015, 2016, 2017 and 2018 editions independent legal research directory Chambers Europe (, (2012 and 2013 – for the practice area of Real Estate, 2014 – for the practice areas of Corporate/Commercial, Employment and Real Estate, 2015 – for the practice areas of Corporate/Commercial, Employment, Real Estate and Restructuring/Insolvency, 2016 – for the practice areas of Corporate/Commercial, Employment and Real Estate, 2017 – for the practice areas of Corporate/Commercial, Employment and Real Estate) and 2018 – for the practice area of Real Estate).


“Dyulgerova & Penkova has always provided efficient, competent and high-standard service. They are always available and ready to discuss any urgent issues and help find the best solutions for our cases.” 

Clients are also satisfied with the lawyers’ ability to “look at issues from the business side”, adding that they are “detailed and very precise in their analysis and advice.”

Clients appreciate Lyubimka Dyulgerova for her “professional attitude and timely manner of handling all assignments.”

Clients observe that the lawyers are “detailed and very precise in their analysis and advice”, keep to strict deadlines and are able to assess the legal situation “from the business side.”

The “extremely responsive and very flexible” team regularly acts on behalf of foreign investors, and is particularly sought after for its expertise in commercial leasing. Managing partner Victoria Penkova is the first port of call.

Victoria Penkova has notable expertise regarding lease and rental agreements, assisting a number of clients in the retail sector. A client notes that she “has experience and covers all bases. She is a real estate specialist and makes you feel safe.”