Codes of Practice for laworld members

1. Publicity and ethics

1.1 Members shall avoid adverse publicity, both for LAWorld, other member firms and their own law firms.

1.2 Members shall impose the obligations from article 1.1 upon those they employ or hire.

1.3 Members shall only seek publicity when this is in accordance with the wishes, the interest of their clients and in conformity with the rules of their national law society.

1.4 Members shall abide with the laws and codes of their national law society.

1.5 Members shall endeavour to represent and refer only clients of good standing.

2. Business referral procedures

2.1 On receipt of a business referral, acknowledgement will be given within three working days.

2.2 Referral work must always be the subject of an engagement letter to be issued by the member firm to whom the work is referred. The following items must be included in the engagement letter or in a covering letter sent with the engagement letter:

(a) a description of the work to be undertaken.

(b) nature of independent contractual relationship and responsibilities.

(d) a statement indicating the professional indemnity insurance which is required in the jurisdiction, and the amount which is actually held by the firm.

(e) the name of the partner responsible for carrying out the work together with details of staff assigned.

(f) the hourly charge-out rates applicable. Copies of engagement letters must be made available to referring firms upon request.

2.3 A partner must always be responsible for satisfactory completion of the work referred by another member.

2.4 No member shall conduct business in the name of LAWorld but only in the name of their own independent firm.

2.5 Members shall not refer work where they foresee that the client will not be able to settle the fees. Settlement of the fees, however, is the responsibility of the member to whom the work is referred. Members to whom work is referred will generally ask for an advance payment and the referring law firm will inform the client accordingly.

2.6 Members shall not accept referrals for which they do not have the necessary expertise. In that case they will recommend another law firm that has the required expertise.

2.7 After having received all the necessary information, members will give their first opinion as to the referred case, to the client within 10 working days.

2.8 The referring and the referred law firm will agree the manner, form and extent to which information is communicated either directly or indirectly with the client.

LAWorld News

Olshan recognized as a Top Tier "Best Law Firm" across the USA and in New York for Securities and Capital Markets and Real Estate Law by "U.S. News-Best Lawyers"

Olshan Frome Wolosky LLP, LAWorld law firm member for New York, has been chosen as “Tier 1” in National Rankings for Securities and Capital Markets, "Tier 2" in National Rankings for Real Estate Law, and "Tier 1" in the New York City Metropolitan area for both Securities and Capital Markets and Real Estate Law by U.S. News-Best Lawyers® "Best Law Firms" 2016.

Steve Wolosky, chair of Olshan’s Activist & Equity Investment practice and co-chair of the Corporate/Securities Law practice noted that, "This is an outstanding confirmation by our clients and peers of our status in the market as a premiere law firm in the area of Securities and Capital Markets, driven significantly by our representation of activist investors and other clients in an increasingly complex market." Mr. Wolosky continued, "We’ve worked on a number of significant, high profile deals again this year as clients are increasingly driven to Olshan in a flight to the level of quality, value and responsiveness that Olshan uniquely offers them."

"We’re delighted to be consistently acknowledged as a top tier firm in Real Estate in both the National Rankings and in the New York Metropolitan market, endorsing our strong foothold across the board in an accelerated and competitive real estate market," said Thomas D. Kearns a partner in Olshan’s Real Estate Law practice.  "Olshan continues to outpace our competitors in the representation of quality, high-profile clients in sophisticated real estate deal making, and our reputation for creative and tenacious representation continues to drive clients to our robust practice."

This is the latest in a series of honors and recognitions that Olshan has recently received, including the selection of thirty-nine attorneys for Super Lawyers® 2015 New York Metro, selection of five partners for inclusion in The Best Lawyers in America© 2016, and acknowledgement by Business Insider and The Wall Street Journal, in conjunction with FactSet SharkRepellent, of Olshan’s position as the leading Activist practice nationwide.

The U.S. News – Best Lawyers® "Best Law Firms" rankings are based on a rigorous evaluation process that includes the collection of client and lawyer evaluations, peer review from leading attorneys in their field, and review of additional information provided by law firms as part of the formal submission process. Firms included in the 2016 "Best Law Firms" list are recognized for professional excellence with persistently impressive ratings from clients and peers.  Achieving a ranking signals a unique combination of quality law practice and breadth of legal experience.

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Upcoming Events

LAWorld Annual Conference (Cape Town) from 5pm on Tuesday the 5th of April, 2016 to 2pm on Friday the 8th of April, 2016

Europe/Middle East Regional Meeting and Lawyers Next Generation (Bratislava) from 5pm on Friday the 5th of February, 2016 to 5pm on Saturday the 6th of February, 2016

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