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Richard Schmidt

Founding & Managing Partner, SMARTLEGAL Schmidt & Partners

Board Member, Hungarian Arbitration Association

Board Member, International Law Firms (ILF) Network


Gender: Male

Nationality: Hungary

Type of practitioner:

Counsel, Arbitrator

Jurisdiction(s) in which admitted to practice (if applicable):


Fields of legal expertise:

Civil law, Common law, European law

Practice areas:

Distribution, Franchising, Joint Ventures, Cooperation, Oil & Gas, Finance and Banking, Real Estate, Construction, Engineering, Information and Communication Technologies, Sales, Purchases, Insurance, Corporate Law / M&A, Intellectual Property, Transport

Contact details


Margit Krt. 56. 4/4.
Budapest, Budapest 1027




Richard Schmidt <>



  • Hungarian: Native
  • English: Fluent
  • French: Fluent
  • German: Basic

Relevant arbitration experience:

Counsel - 25 cases in under ICC, HKIAC, UNCITRAL, HCCI rules
Co-Arbitrator - 6 cases under HCCI rules
Chairman - 1 case under HCCI rules

Education & certifications:

LL.M in International and European Business law
Université Catholique de Louvain (Belgium)

Lawyer specialised in EU Law
Pázmány Péter Catholic University (Budapest, Hungary)

Law Degree
Pázmány Péter Catholic University (Budapest, Hungary)


Selected Publications:
Confidentiality vs. Transparency in International Arbitration – A Budapest Conference Recap (Kluwer Arbitration Blog 2023/07/06)
60 ans de la Convention de New York en Hongrie – Une approche formaliste, mais favorable à l’arbitrage (Revue International du droit Comparé 2023/3)
ICCA Yearbook Commercial Arbitration 2022 - Vol. XLVII. – Partt V – Hungarian Chapter (ICCA Publications 2023)
Remote Arbitral Hearings in Hungary – A Quest for the Right to Physical Hearing under Hungarian Law (HCCI Arbitration Court Yearbook 2021-2022)
More Than a Facelift? – New Hungarian Arbitration Rules Take Off in 2023 (Kluwer Arbitration Blog 2023/01/05)
60 Years of the New York Convention in Hungary – A formalistic yet pro-arbitration approach (Hungarian Yearbook of International and European Law 2022)
Does a Right to a Physical Hearing Exist in International Arbitration? – National Report for Hungary (ICCA Projects 2021)
Setting Aside Arbitral Awards in the Last 25 Years in Hungary – A Pro-Arbitration Approach with Minor Derailments. (HCCI Arbitration Court Yearbook 2019-2020)
Hungary: Steps Towards Differentiating Between Domestic and International Procedural Public Policy (Kluwer Arbitration Blog 2021/09/03)
Jurisprudential Bulletin 2021 VARIATIONS ON A THEME – Asymmetrical forum selection in international practice (Jurisprudential Bulletin 2021/1)
ICCA’s Guide to the Interpretation of the 1958 New York Convention (co-translator of the Hungarian version of the book)
Is liquidation procedure is the sword of Damocles? - The Hungarian construction trusteeship in front of the arbitral tribunal of ICC (Business and Law Review 2019/12)
Hungary: Setting Aside Arbitral Awards in the Last 25 Years – A Pro-Arbitration Approach with Minor Derailments (Kluwer Arbitration Blog 2020/01/26)
Hungary: The New York Convention In Court Practice In Two Decades - Formalistic Yet Pro-arbitration Approach? (Kluwer Arbitration Blog 2019/09/11)
ICCA Yearbook Commercial Arbitration 2019 - Vol. XLIV. – Partt V – Hungarian Chapter (ICCA Publications 2020)
Unhadnled data processing? Basic data protection issues in arbitration proceedings after GDPR (European Law Review 2019/8)
Leaving the betrodden way? ... - Some Remarks about the retrial in Hungarian arbitration with international outlook(Procedural law review 2018/12)

Additional information: