We are delighted to share the next episode of Practice Across the Pond, where we discuss the regulatory and ethical approaches taken to various matters from both a UK (England and Wales) and US (New York) perspective.
In this episode, CM Murray LLP Partners Corinne Staves and Zulon Begum and Devika Kewalramani, Partner and General Counsel at FisherBroyles, are joined by Steve Lueker, Partner at Moses & Singer, to discuss the key challenges and issues for professional services firms in relation to transatlantic structures.
In particular, Corinne, Zulon, Devika and Steve discuss:
- An overview of common structures in professional services and key considerations to take into account, including regulation, tax, and liability
- The complexities of achieving full integration and strategic insights on alternative approaches that can be taken
- Regulatory considerations in the US, focusing on the extent to which non-lawyers can have a stake or influence a law firm
- Key factors from a US perspective, addressing what works for both domestic firms and those with an international footprint
- Challenges in US/UK transatlantic mergers, including issues such as profit sharing, cultural differences, tax implications and the distinctions between cash and accrual accounting
- Knock-on regulatory issues, such as conflicts of interest
- Essential considerations for firms planning a transatlantic combination
Watch the full episode above, or listen to the full podcast here.
Watch previous episodes below:
- How is Partner Conduct Regulated and Managed in the UK and US?
- Introduction to the Regulatory Landscape and Conflict Management
If you would like to discuss transatlantic structures in more detail, or if you have any questions arising from this recording, please contact Corinne Staves, Zulon Begum, Devika Kewalramani or Steve Lueker.
CM Murray LLP is a leading specialist partnership, employment and regulatory law firm based in London and is ranked Band 1 and Tier 1 for Partnership Law by Chambers and Partners UK and Legal 500 UK, and is recognised as “one of the legal world’s strongest offerings in this area.”
Founded in 2002 by James Fisher and Kevin Broyles, FisherBroyles is the world’s first and largest distributed, full-service law firm, and the only distributed law firm to be ranked by The Am Law 200 as one of the 200 largest law firms by gross revenue.
