The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
A Bahamian draft bill is likely to lead to the intro-duction of investment foundations, the vehicles sometimes associated with fraudsters such as Robert Maxwell.
As reported on www.the lawyer.com/lawyernews, Liechtenstein, Maxwell's financial haven of choice, has borne the brunt of international concerns over these foundations. Many believe they are not audited properly and not transparent because they do not have to disclose the identities of beneficiaries. But the Bahamas, which wants to replace existing investment trusts with foundations, says its versions will meet international standards.
The existing investment trusts have been the source of difficulties for local bankers. Bankers have effectively been taking on the wider responsibilities of trustees, such as ensuring investments are in the interests of all beneficiaries of trusts and checking due diligence is done. The main advantage of foundations is that they limit liability if the investments fail.