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Investment management, succession planning, philanthropy: the diverse functions of the family office

Wealth is increasing exponentially among some of the world’s richest families, to the extent that, for many of these families, it makes commercial sense to have their own bespoke family office which looks after key operations and functions of the family. These services might include investment management, property management, day to day accounting and payroll […]

The limits of audit: public perceptions and legal realities

By Oliver Passmore, Alex Horsbrugh-Porter Patisserie Valerie Patisserie Valerie entered into administration at the start of this year following the discovery of fraud within the company. It is thought that inflated profit margins and sale figures and thousands of false entries in the company’s ledgers caused the company’s accounts to be overstated by approximately £94m. […]

Spotlight on Uzbekistan: Kinstellar’s regular look at the Uzbek market

By Joel Benjamin, Muborak Kambarova New Law on Tourism On 18 July 2019, the President of Uzbekistan signed a new Law on Tourism. The previous law dates from 1999 and has 22 articles. The new Law contains 45 articles. According to the Law, the State Committee for Tourism Development is an authorized state body in […]

Serbian Banks Embracing Digital Technologies

By Katarina Guduric, Kristina Pavlovic The rapid development of digital technology has brought FinTech to Serbia, and what is certain from the beginning is that it will substantially reshape the interaction between service providers and users. Customer demands for efficiency are about to bring various technological innovations into the industry, which will create new opportunities and accelerate further […]

The new Law on Personal Data Protection – Key Innovations and What you Need to Know

By Milica Filipovic, Sanja Spasenovic Karanović & Partners held a presentation about the new Law on Personal Data Protection on September 18 at our office premises. Senior Associates* Sanja Spasenović and Milica Filipović, lawyers with vast knowledge and experience in data protection matters in Serbia, talked about the key innovations the Law brings. This new piece of legislation stepped into force on 21 […]

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In brief: Lord Irvine on lookout for sentencing help

The Lord Chancellor, Lord Irvine, is seeking members for the Sentencing Advisory Panel, which is to be established by the Crime and Disorder Act. The panel will help the Court of Appeal in framing sentencing guidelines. Applications must be submitted by 5 January.

Bar queries Govt's Treasury Counsel hiring procedure

THE BAR Council has asked the Attorney General, John Morris QC, for details of exactly how he goes about appointing Treasury Counsel. The request is part of a joint investigation by the council’s sex discrimination and equal opportunities committees into government appointments procedures for legal advisers. Last November the current system came under attack when […]

Legal aid firms face taxing times

Legal aid firms look set for a turbulent sailing this year. Firms are still dazed by the speed of Lord Irvine’s proposed reforms on legal aid and are anxiously awaiting the outcome of the current consultations. Meanwhile proposed changes to the way professional partnerships are taxed have further nasty surprises in store for the profession. […]

African lawyers finally win a voice at IBA

African lawyers are set to get full representation in the International Bar Association (IBA) after years of trying raise their profile. The 980 African members of the international organisation have set up a working group to finalise a formal network. They are likely to follow the model of the IBA’s Latin American steering group. At […]

Case management unit halves Scottish firm's costs

SCOTTISH firm The Morton Fraser Partnership claims it is managing to more than halve its costs by using case management technology to pool its high volume ‘commodity’ work into a single department. The case management unit is staffed by seven paralegals who use the Axxia Case Manager system under the supervision of one solicitor. The […]

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