Search results for ""Globe Law and Business Ltd""

In recent years the Middle East and North Africa (MENA) region has seen the emergence of new insurance regulations and the creation of independent insurance governing bodies and regulators. While the region has traditionally suffered from a saturation of insurance companies, due to low minimum capital requirements and lax regulation, recent developments have revolutionised the insurance market over the past decade. Moreover, socio-economic growth in the region and increasing awareness of insurance among the population have prompted foreign insurers to take an increasing interest in the market. This new book aims to provide foreign insurers and intermediaries looking to enter the market with practical, up-to-date guidance on setting up in the region. The countries featured in the book are Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Morocco, Oman, Qatar, Saudi Arabia, Syria, Tunisia and the United Arab Emirates. For each jurisdiction, the book provides an overview of the regulatory framework and background, the licensing requirements for insurers, reinsurers, intermediaries and takaful providers, and on-the-ground knowledge of local culture and practices that would give any business looking to enter the market a unique advantage over competitors. With a unique insight into the challenges of conducting insurance business in the region from both a business and a regulatory perspective, this book is essential for heads of insurers looking to expand their business. In-house and private practice lawyers practising in the region will also benefit from using this book as an invaluable tool which introduces the legal framework in each jurisdiction and the most significant regulatory requirements when advising on compliance in the region. Featuring concise and practical advice on various jurisdictions in one of the world’s largest growing markets, this book serves as an essential guide for insurance professionals with an interest in the region.

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The buy-out market, whereby pension liabilities are transferred to a third-party specialist, has changed dramatically in recent years. Many new market entrants have sought to provide opportunities to employers to reduce or eliminate their exposure to defined benefit pension scheme liabilities in a cost-effective fashion. Increases in anticipated longevity, combined with historically low interest rates and poor equity returns, have resulted in substantially increased costs for employers. Together with the credit crunch, the collapse of high-profile banking institutions and a deteriorating economy, they provide yet further reasons for employers and trustees to seek to protect defined benefit liabilities. Buy-outs (and their alternative, buy-ins) have represented an attractive opportunity for trustees and employers alike in seeking to eliminate such exposure. The number of new market entrants and the new ‘non-insured’ buy-out model have generated considerable competition and a significant reduction in buy-out and buy-in cost. Featuring contributions by leading experts in the field, including the Pension Corporation, Lucida, Hewitt Associates and Pitmans Trustees Limited, this timely title covers topics such as the attractions of the current buy-out market, the non-insured buy-out option, the Financial Services Authority regulated market and the elimination of pension scheme liabilities, as well as an overview of the buy-out market in selected countries. This book is aimed at a broad cross-section of the pension market and is intended to be of practical use to trustees, employers, advisers, administrators and other pension stakeholders in providing a comprehensive guide to how best to tackle the thorny issue of eliminating defined benefit scheme liabilities.

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Private trust companies play an increasingly important role in the wealth structures of many ultra-wealthy families, offering a high degree of control and flexibility in the administration of a family’s trusts and the management of trust assets. Featuring chapters written by leading practitioners from firms including Appleby, McDermott, Will & Emery and Squire Patton Boggs, this edition fully explores the legal, regulatory and practical dimensions of forming and operating a private trust company. The relevant law in prime jurisdictions including Bermuda, the Cayman Islands, Hong Kong, Jersey and key US states is thoroughly examined. In addition, content shines a light on organisational and operational issues such as designing a private trust company’s ownership structure, implementing proper internal controls, outsourcing services and working with professional advisers. Important matters like coordinating with the family office, communicating with family, protecting privacy and handling disputes involving private trust companies are also tackled. This second edition features: a new chapter covering Guernsey; regulatory developments in the Cayman Islands; tax law changes in Hong Kong; legislative developments in Wyoming and other US states; recent cases relevant to private trust companies; discovery disputes involving private trust companies; and developments concerning beneficial ownership disclosure requirements in the United States and Europe. This handbook is a comprehensive resource for lawyers, accountants, family office executives and others who advise families on private trust companies.

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In-house lawyers need and want to develop their professional and management skills. But unlike lawyers practising in law firms, there may not be dedicated resources designed to support them. It will often be a case of DIY. Managing and Developing Your Career as an In-house Lawyer by Ian White and Simon McCall is a companion to their report Your Role as General Counsel: How to Survive and Thrive in Your Role as GC. It seeks to provide practical ideas and tips on how a busy in-house lawyer can actively manage their own development. The aim is to help them perform more effectively in their current role and also prepare them for promotion or a move elsewhere. It covers: Taking responsibility for your own development; Being a businessperson as well as a lawyer; Doing an MBA – or recreating the MBA experience by learning from other people in the business; Moving into a leadership role; Honing key personal skills – delegating, giving feedback, listening, motivating; Becoming a coach or mentor to your team; Developing your career beyond the GC role – within or outside your organisation; and Taking on a non-executive director role. This Special Report is essential reading for any in-house lawyer wanting to continue learning and developing and enhance their career prospects. It is relevant for recently appointed in-house lawyers all the way up to more established GCs.

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Mergers and acquisitions of law firms of all sizes have become increasingly common as competition for talent and business intensifies and leading firms dominate the market in size and profitability. Lawyers and law firm leaders contemplating the future of their firms need to understand the changing dynamics of the market, and the ways in which mergers and other combinations may or may not help them fulfil their aspirations. Law Firm Mergers offers both law firm leaders and all partners a way to approach the issues, highlighting the best practices gleaned from successful combinations. Beginning with an overview of the forces driving consolidation, it discusses how to formulate and get buy-in for a strategy and how to view a merger as a potential vehicle to accelerate progress. It looks at the advantages and disadvantages of combining with other firms, and offers practical insights about the process – from the best ways to identify and evaluate potential merger candidates, to how to approach those firms, to navigating the negotiations, and common deal terms that can bridge differences over crucial factors such as compensation, capital, and governance. Beyond the financial and strategic challenges faced by firms evaluating a merger, this title also delves into the cultural and human issues that can make or break a merger, from the best way to handle sticking points in negotiations to the ways in which firm leaders can muster support internally and head off opposition from their own partners. Full of practical tips and laced with candid, first-hand insights from leaders who have successfully guided their firms through mergers, this Special Report will be the essential guide for a successful and prosperous law firm merger.

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The Production Sharing Agreement (PSA) is the most widely used host government contract in the oil and gas industry, and is becoming the leading choice for most countries in their relationship with International Oil Companies (IOCs). However, there are many jurisdictional variations, and being aware of and understanding these is crucial for oil and gas practitioners working in this space. This title is the first comparative treatment of this topic and provides a comprehensive, in-depth overview of Production Sharing Agreements in key oil and gas jurisdictions around the world. It offers a rich, critical analysis and evaluation, and features contributions from an international group of leading experts and academics who address the legal, economic and political aspects of PSAs. It also provides guidance on key recent developments by looking at jurisdictions' overall regulatory framework and their relationship with the PSA. This edition covers jurisdictions worldwide, including: *Brazil; *Indonesia; *Kazakhstan; *Nigeria; and *Russia Production Sharing Agreements: A Global Legal Handbook will be of interest to practitioners, academics and anyone who is involved in these contracts. It provides readers with a clear understanding of PSAs in different jurisdictions, and a variety of practical recommendations and takeaways.

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Family philanthropy around the world is a dynamic and important part of the overall social change landscape. However, with more and more individuals and families involved in this space and the ever increasing variety of approaches and choices, it is a vast and sometimes confusing subject and it can be difficult for families and their advisers who have an interest in philanthropy to know where to begin. This Special Report aims to demystify the topic and presents in a clear and easy-to-understand format the philanthropy choices available to families. Edited by Barbara R Hauser, it brings together a variety of international experts including from Rockefeller Philanthropy Advisors, Farrer & Co and the National Philanthropic Trust, who cover, amongst other key topics: How families can make decisions about their philanthropy activities; Donor advised funds; Ways in which families can support cultural organisations, such as museums; and Leaving a legacy for the next generations. There is also consideration of philanthropy in different jurisdictions, and the growing impact of wealthy women with inspiring examples from around the world. Whether read in one sitting or used as a resource to dip into when specific topics are of interest, this unique collection is designed to inspire families thinking of philanthropy, and will be essential reading on this important topic.

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Following a relatively slow start to embrace the direct application of concepts that have revolutionised the tech and manufacturing sectors, law firms are increasingly placing ‘Agile’ – described as “the best kept management secret on the planet” – on their business development agenda. In response to Covid-19, many firms have proven their capacity for agile decision making and have accelerated their development of a more agile working model. But this requires more than digitisation and remote working. This Special Report is the essential guide for every law firm leader who wants to move beyond the reactive to the strategic adoption of proven agile principles. Being able to adapt smartly to client needs, competitor threats and employee expectations are at the core of this report, which is built around a self-assessment tool and practical framework for implementing Agile. This Special Report covers: •What is Agile and how has it been used across industries? Explores the most important uses of agile thinking and models, from those that have transformed the worlds of technology, consumer products and complex projects, to the hybrid agile working model that many law firms seek to adopt post-Covid-19; •Why Agile? Looks at where adopting agile principles in your firm will make a difference and how these ideas connect with client value, digital transformation, innovation and collaboration; •Where can we utilise Agile in law firms? Examines the different parts of a law firm and explains which agile models and tools can be used where, using legal sector case studies; •How Agile are you? Outlines a practical diagnostic for assessing your level of agility in each area of the firm; and •What next? Covers planning and implementing an agile programme, from mindset and language change to organisational design and client engagement. The report also provides examples of Agile programme outlines for law firms large and small which can be adapted depending on individual needs. In short, this report includes everything law firm leaders need to get started on their own agile journey.

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Regulation, compliance and ethics are the three common features of all well-run law firms. Without an understanding of regulatory expectations, compliance duties and ethical behaviours, a firm runs the risk of censure, adverse publicity, and client dissatisfaction. In November 2019, The SRA replaced the SRA Handbook with a new regulatory toolkit called the SRA Standards and Regulations. Solicitors and everyone working in authorised law firms are now expected to achieve the behaviours in the S & R. The second edition of Regulation, Compliance and Ethics in Law Firms has been updated to include the following: • An overview of the changes introduced by the S & R; • Commentary on the SRA Principles and the challenges of ensuring the right response in an individual's professional and private life; • An explanation of the two Codes of Conduct and the correct compliance response in law firms; • Updated disciplinary decisions; and • Case studies from leading practitioners and compliance experts. It is essential that law firm owners and managers acknowledge and have strategies to accommodate risk management, regulatory and legal compliance and ethical values in their business. They must also have a common understanding as to how this will be achieved. This guide is intended to provide lawyers with the language, arguments and practical solutions which are needed to make this happen.

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With the United Kingdom’s exit from the European Union now confirmed, this new Special Report provides a practical explanation of data protection laws as they will exist in a post-EU environment. GDPR will continue, and will be known as UK GDPR, reinforced by additional legislation specific to UK circumstances. Data Protection: The New UK GDPR Landscape takes the reader through the key principles of data protection law and explores the scope of UK legislation and how to assure compliance with the law. Also featured are important recent developments including the Morrisons data breach case and the ECJ judgment on data transfers under the US/UK Privacy Shield. Chapters will cover: a brief history of UK data protection law understanding terminology and how it is used the key data protection principles what it means to be a data controller or data processor transparency – how to draft privacy policies what is special about ‘special category data’? children’s data – duties reflecting the position of children international data transfers – the new UK approach information governance – what the law expects managing subject access rights artificial intelligence and data protection – the tension between innovation and privacy the likely future pathway for data protection in the UK Each topic is illustrated with case studies and references to relevant case law. This Special Report will be of interest to in-house counsel and individuals responsible for personal data management and governance, including data protection officers and anyone with responsibility for data systems and infrastructure at a senior level.

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This Special Report offers a research-based view into the importance of soft skills for modern lawyers and how law firms develop essential soft skills – whether to comply with SRA rules, to lead productive teams, to provide the best service to clients or to grow their practice. Through interviews with lawyers, leaders and human resource professionals at large and small firms, the report provides an overview of the essential soft skills required by modern lawyers, competency frameworks and insights into how best to develop them and guidance on some of the essential soft skills required. Interpersonal, emotional intelligence, communication, learning, adaptability, problem-solving, negotiation, team management, leadership and business development are amongst the soft skills explored for high-performing lawyers. This report is the guide to developing the skills needed to get ahead and stay ahead in your legal career.

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Negotiating technology-related contracts can be a long and energy-consuming business. For the uninitiated or uninformed, the significance of the points under discussion may be unclear, and it can often seem that contract negotiators are pedantic, obstructive or just plain unhelpful in terms of “getting the deal done”. In this context, it is essential to have a clear understanding of just what each part of the contract is designed to deal with, what both the customer and service provider are seeking to protect, and what potential compromise solutions may be available. As a result, one can avoid unnecessary debate and move faster to reasonable positions that are acceptable to both parties. This practical, how-to book seeks to explain the perspectives of both sides of the negotiating table on a clause-by-clause basis, clearly setting out the key points they will want to protect – and why – while also offering suggestions as to what they may be willing to concede or compromise upon. It is written with the benefit of DLA Piper’s unparalleled view of the global market for technology sourcing and outsourcing projects, and from acting both for customers and service providers in this space. An invaluable negotiating guide, this edition will be of particular interest to anyone involved in technology-related contracts.

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In an increasingly globalised and complex economy, arbitration is becoming the dispute resolution mechanism of choice for international M&A transactions. Spanning share purchase agreements, asset purchase agreements, shareholder agreements and joint venture arrangements, this is a huge area of commercial activity, giving rise to an expanding number of disputes. In the second and expanded edition of this title, leading experts in the field of international arbitration provide legal and practical guidance on the key types of dispute likely to arise from M&A transactions (eg, warranty claims, shareholder disputes, claims relating to completion accounts), and offer procedural and tactical tips for arbitration arising from them. The content also covers the fundamental questions of arbitrability, confidentiality, freedom to choose the governing law (and questions of mandatory law) and enforceability in a number of key jurisdictions. Together, the contributors provide a one-stop guide to the legal, tactical and practical aspects of arbitration in today's M&A market. The second edition contains not only valuable updates to the first edition, but includes new chapters covering a number of additional jurisdictions (including Peru and Poland). It also introduces a number of additional chapters on third party funding and warranty and indemnity insurance, as well as key concepts of valuation in the arbitration context, the quantification of damages for breach of representations and warranties. Whether you are a lawyer in private practice or are involved in M&A in the broadest sense, this commercially focused title will provide you with holistic, practical insight into the arbitration of M&A transactions.

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The idea that every family business needs a trusted adviser is a popular one. This adviser is often portrayed as an individual who has a close personal relationship with the family and who coordinates the advice that they receive from a range of specialists. However, this model of a single adviser is not always the most effective when trying to build sustainable trust relationships alongside the generational changes that inevitably occur in family businesses. In an era where every adviser is a specialist, it is necessary to explore an alternative to the individual trusted adviser. This special report describes how family businesses can benefit from a high-performing, inter-disciplinary advisory team for trusted advice, with members sourced from different organisations, and who have demonstrably effective processes for looking after an entire family and their business interests. Members of such a team are committed to helping the family achieve success in terms of both family and business life and, like a true team, this success is dependent on all team members. High performance advisory teams are used in many areas of commerce, sport, science and the arts and this report demonstrates how the same can be true for advisers who serve family businesses, regardless of their specialism.

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The Association of International Petroleum Negotiators (AIPN) model form joint operating agreement (JOA) was first issued in 1990 and has undergone a number of subsequent revisions. It is the most widely-used (although not always the most liked) joint operating agreement in international conventional oil and gas projects today. This book offers a pragmatic, detailed clause-by-clause review of the most recent (2012) version of the conventional petroleum AIPN JOA. Each clause is analysed in depth by reference to: (1) a statement of what the clause says; (2) a summary of the intended meaning of the clause; and (3) observations on how the clause tends to be modified in practice and might be improved. The book also analyses the major appendices of the AIPN JOA, including the accounting procedure and the lifting procedures. This book is written by experienced practitioners who together have many years of knowledge and understanding in redrafting, negotiating and applying the AIPN JOA. It will be invaluable to legal representatives, financiers, commercial managers, operational personnel and government parties who are dealing with the AIPN JOA, whether for the first time or from a position of relative familiarity.

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One of the biggest challenges in today’s law firms is recruiting partners, experienced associates, and senior business professionals into the firm—and then finding ways to integrate them, retain them, and help make them sustainably productive. Yet, many firms are misallocating their efforts and resources. This Special Report offers a new, research-based approach for law firms to improve their lateral hiring process and results by engaging new hires in smart collaboration. Laterals who collaborate with their new colleagues are significantly more likely to stay with the firm longer, to hit or exceed their targets, and to thrive professionally. Firms need a well-constructed plan, a relentless focus on execution, and clear accountability processes if they expect to help laterals achieve two-way collaboration quickly and efficiently. This Special Report offers the tools, processes, and best practices for successful implementation. Aimed at readers who aspire to take a more strategic approach to improve lateral hiring, this report will be useful for law firm leaders, hiring partners, professional executives such as chief operating officers and chief talent officers. Lawyers or business executives considering a career move across firms, or business professionals seeking to move into the legal sector, will find practical ways to boost their likelihood of success.

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The global increase in cross-border transactions has led to a rising trend in international disputes. International arbitration has become the preferred dispute resolution method, as companies and individuals increasingly favour a neutral international tribunal over foreign domestic courts. This new edition provides a practical guide to international arbitration. Written by leading experts Stuart Dutson from Simmons & Simmons, Andy Moody from Baker McKenzie and Neil Newing from Signature Litigation, this title explains the stages of the arbitration process in a straightforward manner and from a practitioner's perspective. The authors provide guidance on drafting the arbitration agreement, commencing arbitration, selecting the arbitral tribunal, drafting pleadings and evidence, managing oral hearings, liaising with the tribunal throughout the arbitral process and enforcing the final award. Numerous tips, examples and precedents are included to help the new practitioner or interested student understand each stage of the arbitration proceedings. The second edition provides an update to take into account the rule changes that have been adopted by arbitral institutions in the six years since the first edition was published, and to include up-to-date guidance on topical issues such as: third party funding in international arbitration; the increase in the number of multi-party arbitrations; procedural trends including the adoption of expedited timetables and guidance around the use of tribunal secretaries; and issues of ethics applicable to counsel and tribunals in cross-border disputes.

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Much has happened in the three years since the publication of the last edition of this book. In the last 2-3 years, private equity houses have raised huge amounts of money to invest which has had an effect on the dynamics of the market. In addition, there is a broadening of potential buyers with a number of other organisations adopting private equity style strategies. This practical fourth edition introduces the world of private equity, explains its rise and recent dynamics, and explores the key ingredients of private equity transactions and the technical issues associated with them. Featuring fully updated chapters by leading private equity practitioners, the book includes high-level analysis of private equity fund structures, equity and debt finance, acquisition documentation, due diligence, tax structuring, pensions issues and public-to-privates. New to the fourth edition are key chapters on China and on Brexit. The book is must-have handbook for legal and other practitioners in the private equity world, corporate law academics and their students.

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The resilience of family businesses has been evident from their success over centuries and across continents. It remains common for practitioners to advise families whose principal source of wealth is or has been a successful family enterprise, and to provide guidance on the specific and complex relationships and issues that arise in this context. This new edition, edited by the Society of Trust and Estate Practitioners (STEP), features chapters by leading practitioners in the field, including the Family Firm Institute, Schroders, Boodle Hatfield and SandAire, Kleinwort Hambros, Dixon Wilson and Rathbones. The book considers what makes business families and family businesses unique, and examines the issues that advisers are often called upon to consider and address when assisting them. It helps practitioners to deepen their understanding of how families operate, and to develop the skills and knowledge necessary to advise on such complex areas as conflicts between working and non-working family members, ownership structure, succession, wealth management, governance and meeting a family’s philanthropic objectives. The guide provides a comprehensive handbook for all practitioners who advise business families, including lawyers, accountants, financial advisers and wider family business advisers.

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This text, first published by STEP in 2007 and now in its third edition, reviews the difficulties that arise on the transfer of trusteeships, particularly in respect of the negotiation of indemnities, and sets out a suggested approach. It contains: * a core section dealing with trusts governed by English law; * jurisdictional chapters, which explain the differences under local law for trusts governed by the laws of The Bahamas, Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, Hong Kong, the Isle of Man, Jersey, New Zealand and Singapore; * precedent deeds of change of trustee for each of those jurisdictions; * a detailed drafting commentary; * a U.S. commentary which outlines general principles involved in the transfer of trusteeships of U.S. trusts and general tendencies among states, with a particular focus on the trusteeship laws of the State of New York; and * a table of references listing the statutes and cases, for ease of reference. The text is an essential reference work for any legal practitioners, trust company professionals and others involved in advising on the transfer of trusteeships.

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This special report is a practical, experience-based guide to personal development at every stage of a lawyer’s career. The author draws on over 30 years as an international commercial lawyer and senior partner in a Magic Circle firm to offer a roadmap for moving from a “What’s expected of me?” mindset to self-leadership and leadership of others. The report’s main theme is that retaking autonomy and control can transform engagement and fulfilment in a legal career. Topics covered include career planning, confidence, fulfilment, wellbeing and work-life balance, building an internal support network and “trusted adviser” client relationships, communication and feedback, project management, commerciality and understanding value from the client’s perspective. It also contains a section on pre-retirement planning. The special report is above all practical and contains a wealth of tools and templates developed by the author for career planning, self appraisal and project management.

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The European distressed debt market has grown exponentially during the last few years, experiencing very significant development. Many investors have entered that market with the intention of profiting from the opportunities that this market is offering them. However, navigating the waters of the European distressed debt market has not always been easy, because this market is far from homogeneous and legal fragmentation is the norm. This co-publication with TMA Europe provides an overview of the European distressed debt market, covering debt trading, non-performing loans, direct lending, restructuring and workouts. It analyses these topics and others from a pan-European point of view, and is intended as a practical guide for anyone seeking a better understanding of the commercial and legal complexities involved in a highly fragmented market where different jurisdictions, legislative frameworks and market practices apply. Ignacio Buil Aldana, a partner in the finance and restructuring team at the London office of Spanish law firm Cuatrecasas, Gonçalves Pereira, has acted as consulting editor for the publication, which also features contributions from other leading experts in the field. Whether you are a lawyer in private practice or in industry, a financial advisor or an investor, this title aims to give you comprehensive insight into all the significant aspects of the European distressed debt market.

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As certain oil and gas provinces near the end of their production lives, companies, governments and other stakeholders are turning their attention to decommissioning. The price of disposing of oil and gas installations is enormous. Yet the costs of getting it wrong can be even greater. Part A of this fully updated second edition looks at decommissioning and the oil and gas life cycle. Part B contains chapters on decommissioning and international law. Part C focuses on decommissioning in the North Sea and contains chapters on government policy, environment law, offshore contracting, health and safety, financial and technical issues, further examined using a case study from a completed North Sea decommissioning project. Part D provides an international comparative analysis, with new chapters on Denmark, Namibia, Netherlands and New Zealand. As well as decommissioning professionals, this title will be of interest to oil and gas executives, lawyers, environmental consultants, tax advisers, accountants, insurers, investment bankers, academics and other professionals connected to the oil and gas industry.

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Joint operating agreements (JOA) are well-accepted standard agreements in the oil and gas industry. The basic aim of a JOA is to regulate the relationship between the parties to the joint venture: the operator and the non-operators. The former is responsible for performing the operations on the behalf of the consortium, while the latter share in the costs of the joint venture. The main goal of the consortium is to provide joint operations to share the risks and costs of such an enterprise. Exclusive operations, by contrast, provide for independent operations rather than joint operations. If these independent operations are successful, the ultimate consequence is the creation of a sub-consortium with different rules and parties; that is why this provision is so complex. There are no standard JOA models presenting clear and safe guidance on how to structure and implement independent operations. For example, it is unclear how the parties decide whether and how these will affect the joint operations; what the consequences are if the operator for the joint operations refuses to be the operator for the exclusive operations; what happens should the government reject such a proposal (if the government is involved); what this provision should look like if a national oil company is a partner; and which provisions of the main JOA should apply to the exclusive operations. This title examines the most complex provision of the JOA, explaining everything that individuals working in the petroleum industry should know about exclusive operations and their consequences. It begins by explaining what exclusive operations are, the rationale (including pros and cons) behind them, and the parties to which they will be of interest. It goes on to conduct the most extensive practical analysis available on the market, with over 10 JOAs analysed from all regions of the world, together with historical models that are no longer available for consultation. It then compares how joint development zones and unit operating agreements deal with exclusive operations, as they share the same concept as a JOA, but with parties from different blocs or jurisdictions. It finally provides clear guidance on international best practices and their main flaws, along with suggestions for existing and future JOAs. In short, it offers a complete analysis of the most complex clause of the JOA, from its concept to its final implications. International oil companies, independents, national oil companies, consultants, legal advisers and consultants will be interested to learn how they could perfect their JOAs and understand the risks and issues that they might face in the future.

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Patent Transactions in the Life Sciences is designed to provide guidance on the structure and detail of those agreements in the life sciences sector that are based on its most import assets - patents and know-how. As a companion to Intellectual Property in the Life Sciences, it is intended to cover the practical what, where, why and when of patent transactions in this sector, under the leading legal regimes. The book explains the rights that underpin life sciences transactions and describes the architecture, features and purpose of those transactions. It covers issues from the basics of a licence and assignment to complex agreements. The book also explores the types of deal that commonly feature in the industry at the corporate level and how patents fit in. Associated issues of licence disputes, competition rules, securitisation, insolvency and taxation are also examined. This new guide will be a valuable resource for lawyers, in-house counsel and other professionals advising on transactions in the life sciences industry, particularly where they have global reach.

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This unique book explains, on a country-by-country basis, the different dispute resolution methods which can be used in construction, infrastructure and public-private partnership (PPP) projects. It has been developed to assist construction lawyers and professionals in identifying the dispute resolution mechanisms which they can and cannot use in a selection of key jurisdictions, thus helping them to save time and money when making decisions. Each country chapter is written by a specialist contributor and explains, from a theoretical and practical point of view, what readers can expect in each country in construction (civil and industrial works), infrastructure (oil, gas, electricity), and PPP projects. This practical handbook will appeal to professionals such as litigators, arbitrators, mediators, dispute boards, judges, in-house counsel, executives in engineering and construction projects and academics.

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Governance today is more than just writing a good partnership agreement. Our multidisciplinary team of contributors demonstrate how governance has become a unifying and integrating system for a wide range of critical strategic and business issues. The inquiry starts with an overview of modern governance structures in law firms, and how the concept of governance has expanded to include features such as professional managers and partner remuneration systems. To be effective, a law firm's governance system must facilitate, not complicate, the solution of important internal challenges, such as change management, managing partner performance and succession planning. How can good governance help law firm owners to make better decisions? How can governance incorporate management information and concepts of risk management into the decision-making process? The fourth in this popular series on the business of law, published in association with the International Bar Association, the book concludes with an examination of emerging trends that will shape law firm governance in the future. It provides visionary, but entirely realistic, insights into how law firm governance will need to continue to adapt to new regulatory regimes for the legal profession, stress testing concepts and new alternative business structures.

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Islamic finance has seen unprecedented growth in recent years and the pace of this growth is accelerating. This is evidenced not only by the size of the Islamic finance market, but also by the increasing range of sophisticated products and services. The markets for Shariah-compliant funds and takaful (Islamic insurance) are sectors in their own right. Today, Islamic finance attracts sovereigns, financial institutions, multinationals, corporates and customers across the retail spectrum who are looking to tap Islamic liquidity from sukuk (Islamic bonds), corporate, retail, acquisition, development and project financings. This second edition features fully updated, insightful chapters by leading practitioners in Islamic financing and analyses market trends, key developments and structures for sukuk, syndications, funds, takaful, project financing and Islamic liquidity management. New to the second edition are chapters on the regulation of Islamic finance and an overview of the sukuk market. This unique title is essential reading whether you are already engaged in Islamic financing transactions or interested in understanding the Islamic finance market and the structures underpinning the world's fastest-growing finance sector.

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Real estate regulations vary widely across different jurisdictions. Each country has its own particularities, which are of utmost importance in practice. Concepts such as the obligation to execute the agreement before a public notary, compulsory registration of the deed and the formal provisions to be included therein may determine the validity or voidance of the transfer of property. A lawyer who is unfamiliar with the real estate regulations of the country involved may think that a title is valid if the formalities required in his or her home jurisdiction have been complied with, but in most cases this is insufficient and is the origin of subsequent problems and conflicts. This new work aims to outline the mechanics for real estate transactions in a selection of key jurisdictions, as well as the fiscal treatment of the same. It will therefore provide an essential tool for those acquiring real estate in a wide range of countries.

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The microfinance sector has survived the risks posed by the global economic crisis and the controversy of the industry’s mission. Amid changing perceptions of microfinance as a panacea to eradicating global poverty, many positives remain in the quest to achieve a sustainable microfinance sector, which combines its social objectives with the demands of the commercial world in which it operates. Today, however, the sector is at a crossroads, with many questions over the future direction it will take. This timely book seeks to answer those questions by drawing on the views of different market participants, which will help to shape the road ahead. Specific chapters provide a broad spectrum of opinion on challenges and key issues, including the future of the microfinance sector and consideration of the sector from an investor’s perspective, while also dealing with more specific areas, including regulation of the sector, the role of innovations such as mobile banking, governance and sustainability, and the role of capital markets for financing – each of which will be critical for the growth of a sustainable microfinance sector. The book also provides a thoughtful analysis of the crisis in Indian microfinance and the lessons to be learned. Edited by Ranajoy Basu, a senior structured finance and capital markets lawyer who also spearheads the global social impact finance group at Reed Smith, this unique publication provides practical, commercial and candid guidance from an array of thought leaders in the microfinance sector. It will serve as a useful guide to the vital issues and will assist the reader in grasping the challenges and trends that will underpin the growth of this evolving and growing sector.

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Franchising has become a global phenomenon. Many brands have grown beyond their national markets and proved that this business expansion model can work around the world. Meanwhile, in comparison to growth on a national scale, it is clear that cross-border franchising involves additional divergent business models and requires solutions to different issues in order to succeed. This major title, published in partnership with the International Bar Association, is a concise, practical guide for all those involved in planning and operating an international franchise programme, from in-house counsel to managing directors to those in private practice. The book is divided in two parts: the first part provides general information on preparing for international franchising and the second part applies know-how and industry experience to the most popular franchise industries such as hospitality, internet and technology, services and retail. The lack of a harmonised franchise regime or dispute resolution system across the major jurisdictions means that this is not a simple exercise from a legal perspective. In addition, many jurisdictions require specific pre-contractual disclosure and/or registration. In addition to classic legal questions, efficient tax planning is required to secure success. In parallel, the book reviews questions on data protection and intercultural communication during a franchise partnership as well as financing possibilities from various national perspectives. Uniquely, this title applies and reflects general practical and technical franchising know-how to specific franchised industries and highlights typical sector-by-sector questions and solutions in an international franchise context.

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This book examines the spectrum of risks posed to the development, financing, construction and operation of trans-boundary energy infrastructure and the tools that may be deployed to manage these risks. The book begins by examining trends in trans-boundary energy infrastructure and the nature of the risks – non-technical, technical and financing – which infrastructure development projects and existing operations must anticipate and manage. Individual categories of intergovernmental and host government risk will be viewed from the perspectives of leading international experts. These risks, and the tools applied to manage them, will also be viewed from the different viewpoints of the state and private sector counterparties, lenders, affected communities and other interested third parties, such as indigenous communities, individual landowners and the non-governmental organisations that typically represent their interests. Against a backdrop of global energy supply/demand dislocations, fragility in the global financial markets, increasing awareness of the impact of projects on individuals, communities and the environment (especially in the wake of the recent BP disaster in the Gulf of Mexico), and medium to longer-term concerns about security of supply and climate change, it is increasingly clear that the bandwidth of risks which infrastructure developers, operators and their advisers now need to be aware of is becoming much broader.

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Good governance has become a critical condition for law firms of all sizes to meet the new, fast-moving opportunities of fast-changing markets for legal services — much more than just having a good partnership agreement. Our multidisciplinary team of contributors demonstrate how governance has become a unifying and integrating system for a wide range of critical strategic and business issues. The inquiry starts with an overview of modern governance structures in law firms, and how the concept of governance has expanded to include features such as professional managers and partner remuneration systems. To be effective, a law firm's governance system must facilitate, not complicate, the solution of important internal challenges, such as change management, managing partner performance and succession planning. How can good governance help law firm owners to make better decisions? How can governance incorporate management information and concepts of risk management into the decision-making process? With new insights and substantially updated guidance derived from the recent developments and disruptions of the past ten years, this Second Edition, published in association with the International Bar Association, concludes with an examination of emerging trends that will shape law firm governance in the future. It provides visionary, but entirely realistic, insights into how law firm governance will need to continue to adapt to new regulatory regimes for the legal profession, stress testing concepts and new alternative business structures.

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There is a widespread and growing acceptance in legal services organisations worldwide that dealing with stress and burnout is not just the responsibility of the individual lawyer. The mitigation and prevention of excessive stress in the legal workplace are now being recognised as critical management responsibilities. This expectation has serious measurable implications and consequences for managing partners, general counsel and other leaders. This practical guide summons lawyers, leaders and managers to greater alertness about stress-producing factors in the workplace and to more effective applications of practical responses and methods in the special conditions and circumstances of the practice of law in today’s often intense and highly competitive environment. It is written expressly for professional colleagues who want to work together in common cause to bring greater awareness to wellness needs and to minimise excessive stress or distress in the legal workplace, positively impacting workplace culture, professional relationships, firm reputation, talent retention and profitability. Written by a world-recognised counselling psychologist, who has worked exclusively with the people and organisations in the legal services industry for more than twenty-five years, it focuses on actions, not theories and philosophy, that any leader and legal services organisation can begin to use immediately to make sustainable investments in the well-being of its people.

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This Special Report explores strategies for maximising inclusion and diversity in the legal profession both in-house and in private practice. The second edition has been fully updated to take into account the pandemic and the adverse impact this has had on diversity and inclusion, along with other developments. Each of the report's nine chapters has been written by an expert with direct experience and knowledge in their specialist field. New chapters featured in this edition include: Belief; Ageism; Mental health; and Intersectionality. This new edition will provide essential reading for all organisations committed to inclusion and diversity across the modern workplace.

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Petroleum royalty agreements are well understood and widely used in several jurisdictions worldwide, and are increasingly being used in many new jurisdictions as a tool for petroleum project development, financing and divestment. However, they are not always drafted with the necessary rigour, and deficiencies are commonplace. This Special Report provides an overview of the key issues relating to petroleum royalty agreements (with drafting examples), including: •key forms of royalty agreement (including gross overriding royalties, net profit interests, cash and in-kind royalties); •an explanation of the economic underpinning of royalty agreements; •the content and effect of key royalty agreement provisions; and •additional provisions which can be found in royalty agreements. It will be an invaluable guide to legal, commercial and financial professionals engaged in petroleum project financing, development and divestment.

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Exits are the lifeblood of private equity: for private equity investors, at the top of their list of priorities when making an investment is an understanding of when and how they will realise it in due course. The methods of exiting private equity investments have developed over the years, and particularly as a result of the hyper-competitive market for quality assets and disruption caused by global macro-economic events such as the novel coronavirus pandemic. To the usual trade sales and initial public offerings (IPOs) have been added secondary, tertiary (and more) buy-outs, refinancings, partial sales, private equity house spin-outs, liquidations and an increasing number of “fund-to-fund” transfers. In these uncertain times, private equity houses will continue to put a significant focus on what options might be available to them to realise their portfolio investments, being mindful of not just the economic risks, but also the legal, tax, regulatory and reputational issues at stake. Management teams are key to this process and their economic, commercial and personal priorities cannot be underestimated in what is a very complex environment of often conflicting aspirations. This practical guide features contributions by leading specialists (including from Latham & Watkins, Linklaters, Macfarlanes and Ropes & Gray) on a range of topics linked to the exit of private equity investments. Topics featured include preparing for exits, vendor diligence, management issues, auction sales, partial exits, private equity house spin-outs, IPOs, refinancing, winding-up, tax and perspectives from Luxembourg, the US and views on the emerging markets. The third edition also includes analysis on emerging and established trends impacting exit terms, including early management liquidity, the prevalence of insurance solutions and related party or fund-to-fund exits. Together, the contributors provide an invaluable guide to the legal, regulatory, tax and practical elements in play. Whether you are a lawyer in practice or in-house, this commercially focused title will provide you with an invaluable all-round overview of private equity exits.

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In September 2020 the UK signed its first major free trade deal as an independent country outside the EU, with Japan. This deal is viewed by the UK government as the first step in joining the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), a free trade agreement between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. Further, Joe Biden’s presidency is expected to result in the United States joining the partnership and, with the US and the UK, the CPTPP would be the largest free trade bloc by GDP in the world. Where there is close trade between countries regulated by a free trade agreement, there is also the need for rigorous intellectual property, in particular patent protection, especially in the pharmaceutical, biotech and telecoms sectors. Companies need to know: • that their technology will be protected; • the scope of that protection; and • how it can be enforced. In particular, this book will provide readers with a structured account of the relevant enforcement procedures and substantive patent law in each country, enabling a quick compare and contrast to be made between countries and the identification of relevant issues. In-depth country chapters featured include: US, Japan, South Korea, UK, Canada, Australia, Singapore and New Zealand. Patent Enforcement in the UK and Trans-Pacific Countries is an essential guide for private practitioners, in-house lawyers and other professionals with responsibility for intellectual property who are interested in the Trans-Pacific region.

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This Special Report contains candid interviews with managing and senior partners of law firms large and small, from Europe and the City to the high street and Africa. We do not hear enough about running law firms from those who do the job. Here they talk frankly, free from jargon and management-speak, about their careers and what their role is really like. The interviews will cover everything from their first jobs to becoming a partner and reveal their key pieces of advice for all current and aspiring senior partners. Most lawyers have to manage others at some point in their careers and anyone with management responsibilities in a law firm of any size will gain something from the hard-won experience of these leaders. The report features interviews with, among others, Edward Braham (Freshfields, Bruckhaus Deringer), Kathleen Russ (Travers Smith), James Palmer (Herbert Smith Freehills), Rafael Fontana (Cuatrecasas), and Olayemi Anyanechi (Sefton Fross), providing readers with a variety of perspectives on running a law firm. By lawyers, for lawyers, this report from senior members of the profession tells personal stories about their pathways to the law and gives their views on clients, management, the role of lawyers in society and the issues of the day. It will provide lasting and critical insights into the profession at this time of change and disruption.

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Historically, oil and gas upstream activities were largely open to foreign investment. However, nationalisation in recent decades has concentrated the vast majority of natural resources in the hands of national oil companies (NOCs). Therefore, independent oil companies (IOCs) are increasingly likely to deal with NOCs as a partner. The joint operating agreement (JOA) was intended as a private document that regulates relationships between private investors. Recent developments under several local laws require the participation of NOCs at some stage of the JOA. In addition, many NOCs are now operating internationally, such as Statoil, Gazprom and CNPC. JOAs will thus be affected, as public or semi-public entities are more likely to be party to a document which was originally constructed for private investors. This major work analyses the critical concerns and challenges that IOCs and NOCs face in this new type of consortium, and will ultimately suggest alternative solutions to find common ground between these parties. The book is divided into three chapters, which respectively deal with the supervision & conduct of operations, the financial and accounting issues relating to the consortium, and the other relevant provisions of the agreement. Each chapter will include analysis from the perspectives of four different types of company - large IOCs, large NOCs, young IOCs and young NOCs. This approach will provide a detailed picture of the JOA from the point of view of all players in the oil and gas industry, from small to large companies and private to public entities. This new edition, which is written by three relevant experts in the industry, updates the previous content and addresses new hot issues like compliance, conflict of interests, corporate and social responsibility and price volatility. It serves as an invaluable guide for IOCs, independents, NOCs, consultants, legal advisers and consultants who need to understand the implications of having an NOC as a party to a JOA.

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Description | View table of contents Look insideLook inside Author(s): Clare Jones , Sarah Goulbourne , Steve Couch Publication date: Aug 2021 Format: Softback Pages: 180 Price: GBP65.00 ISBN: 9781787424265 Lawyers of the 2020s operate in a ferociously competitive world and face unprecedented complexity, change and conflicting demands. As well as regulatory, legislative, economic and political uncertainty, other challenges include pricing pressures, technological advances, and market innovation. In this climate, professional development is ever more critical and the ambitious legal professional must develop their own competitive strategy to survive and thrive. In this book, authors Clare Jones, Steve Couch and Hannah Beko from leading challenger law firm gunnercooke, apply real-life, evidence-based coaching techniques and step-by-step practices exclusively to the legal sector. It also features a foreword written by Sarah Goulbourne. Through exploring ten core areas of professional development for lawyers, discover how to unleash yourself from your barriers and future-proof your legal career today. Content covers everything from self-discovery, through to thought-leadership and pitching as well as the skills and behaviours that underpin success. Readers are invited to create their own dynamic personal development programme and are challenged to hold themselves accountable for delivering it. This title will help senior level lawyers looking to build a lasting reputation, successful practice and sustainable, balanced career. It will provide clarity about your value and a deeper understanding of how to develop client relationships, as well as uncovering challenges to your progress and identifying priority next steps to make everything you do more effective.

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As a result of Brexit, and the subsequent move by companies and organisations from London to continental European capital cities (eg. Amsterdam, Frankfurt, Paris), as well as further globalisation and analysis of referral work, international law firms have made it a strategic priority to expand their capabilities and to enter new markets. They can do so by merging with or taking over a national independent law firm, via lateral hires and/or by the onboarding of teams. Each of these strategies requires a thorough approach and methodology. Strategies for Growth in Law Firms, coordinated by Gerard Tanja and Robert van Beemen of Venturis Consulting, explores some of the crucial elements relating to international growth strategies in the legal sector: law firm mergers, market entries, the onboarding of teams, and the development of international referral strategies. It includes coverage of: •Which strategies international firms pursue with a market entry; •How they identify and assess the (potential) candidate firms; •How they ensure they hire the right teams; and •What national independent boutiques (as popular candidates) take into consideration when merging with an international firm. It provides in-depth insights, practical tools and case studies regarding the methodologies, execution and implementation of growth strategies for law firms, as well as an overview of the developments in the various international legal markets (Europe, Asia, Latin-America) and of the different international growth strategies pursued by international law firms, the Big 4 and alternative legal service providers, including the implementation of these strategies (post-merger integration). This title will be of use to both international law firms and national boutique firms in the US, UK, EU and Asia. It provides valuable guidance for managing directors, business development directors, partners and managers responsible for the development of the international network of law firms, and general counsel will also find it beneficial.

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It is now easier than ever for ultra-high-net-worth individuals to relocate and select a country as their residence, and in light of a variety of circumstances, including political instability and the proliferation of special tax regimes across more countries designed to attract the wealthy, this is a continually increasing trend. However these individuals must consider a wide range of factors when deciding whether to relocate internationally, and so advisers need to take a holistic approach. This title, featuring contributions by leading private client advisers from 16 key jurisdictions worldwide, provides readers with expert guidance on the tax and legal aspects of inbound and outbound transfer of residence of ultra-high-net-worth individuals. Chapters cover the relevant law in their respective jurisdictions relating to: immigration; tax; succession; and family. It also considers the application of tax treaties to beneficial tax regimes, and the relocation of works of art, as well as other key topics. This book will be an invaluable tool for lawyers, tax advisers, bankers and all professionals who assist ultra-high-net-worth individuals.

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In an increasingly competitive landscape and with challenges from disrupters, the Big 4 and technology, business development has a pivotal role in a law firms’ strategic success and their ability to stand out from the crowd. The second edition of Business Development: A Practical Handbook for Lawyers, edited by Stephen Revell from Freshfields, revisits the theory, tools and skills needed to implement effective business development in law firms today. Content covers the practical elements – such as what the perfect pitch looks like – as well as the strategic elements, including the variety of structures and approaches to business development at law firms of all sizes. New chapters focus on technology and digital presence, as well as key client relationship management and the importance of emotional intelligence in successful business development and client retention. Listening to clients is also a key factor in business development, but how often do we really do so? In this edition, client interviews remain an important feature, and we also hear from 10 new General Counsels on what successful business development looks like to them. Business Development: A Practical Handbook for Lawyers is a one stop-shop on business development for law firms, marketing teams and lawyers in private practice. It will also be of interest to in-house lawyers, academics and other professional services providers.

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Innovation should be at the heart of the strategy of every law firm. It drives the competitive advantage that a law firms needs not just to set itself apart from its competition but also to survive. The purpose of strategy is to understand and cope with competition. Innovation and creativity are core to that strategy. Competitive advantage impacts your bottom line. It answers your clients' key questions of ‘Why should I do business with you?’ ‘What are you offering that no one else does?' Innovation is key to answering these questions. This book will show you how to reinvent yourself to create a culture that encourages and spawns innovation at every level, both on the micro and macro levels. It leads you through the creation of the infrastructure that is necessary to encourage creativity and that is unique to law firms as well as setting out the creative process to produce new thinking. It deals with leadership, handling change, communication, culture, teamwork and accountability that will lead to real and necessary innovation. The author, Darryl Cooke, is co-founder of gunnercooke, one of the UK's fastest-growing challenger law firms.

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Minerals and mining are key to the world economy. The mining and processing of minerals are major sources of income and employment in many countries and minerals are used to make many essential goods that people and economies require worldwide. This practical title outlines in a single volume the essential principles involved in the life of a mining project, from preliminary agreements, to the sale and purchase of minerals, and the decommissioning of mining assets. It is intended as a practical guide for anyone seeking a better understanding of key commercial and legal principles and documentation involved in finding and developing a mining project. co-edited by Canadian law firm Cassels Brock & Blackwell’s Darrell Podowski, a highly-ranked expert in mining law, and Jennifer Poirier, organiser of Canadian-based mining association, the Young Mining Professionals, this practical title features contributions from leading practitioners around the world. Whether you are a lawyer in private practice or in industry, a commercial negotiator or from a financial institution or mineral resource or mining-sector advisory practice, this title will provide a comprehensive insight into minerals and mining transactions.

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Now in its fourth edition, and containing over 500 pages of fully revised and updated material, Shipping Finance includes an analysis of ship mortgage terms and conditions, and mortgagee rights across the main maritime jurisdictions. In addition, Shipping Finance provides an extensive discussion of the procedure and documentation for registering ships on a country-by-country basis, with detailed advice from local experts. Chapters include: shipping finance from a banker's perspective; the financing of secondhand ships; the financing of new buildings; assignments of insurances and earnings, guarantees, indemnities, charges, debentures and other security relied upon by financiers; the sale and purchase of secondhand ships; the role of insurance in shipping; Islamic finance; Chinese leasing; and restructuring. Shipping Finance is an essential reference tool for anyone involved in shipping finance including bankers, lawyers and shipowners.

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