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An MBI, or management buy-in, is what happens when an external manager or management team buys a controlling stake in a business and takes over running it. It is one of the main routes into business ownership for experienced managers who want to run a company rather than build one from scratch. If you want…
A share purchase agreement is the document that legally completes the sale of a company. Most business owners will only sign one once or twice in their working life, and the terms in it decide what you are left with once the deal closes. Whether you are selling a business you built from scratch or…
If your business is taking on staff in the Dubai International Financial Centre, the employment visa is usually the first thing that comes up, and the first thing that gets confused with the DIFC employment contract itself. The two are connected but separate. This guide sets out how the DIFC employment visa process broadly works,…
DEWS stands for the DIFC Employee Workplace Savings plan. It is a mandatory, defined contribution workplace savings scheme that replaced the traditional end of service gratuity for employees working in the Dubai International Financial Centre. If you employ staff in the DIFC, or you are an employee trying to work out what DEWS actually means…
An Employment Agreement is one of the most important documents in any working relationship. It sets expectations, establishes legal rights and obligations, and provides clarity for both employers and employees from the outset. Unfortunately, many employment disputes arise because an Employment Agreement or Employment Contract is unclear, incomplete or fails to address important issues that…
Taking on staff in the Dubai International Financial Centre for the first time is unfamiliar territory for most UK businesses, and the contract is where that unfamiliarity tends to show. DIFC Employment Law No. 2 of 2019 sets out a specific list of terms a written contract must include, and treats several of them as…
Receiving a Settlement Agreement from your employer can come as a surprise. For some employees, it may be offered during a redundancy process. For others, it may arise following workplace disputes, performance concerns or as part of a mutually agreed departure. Whatever the circumstances, a Settlement Agreement is an important legal document and should never…
Over the years, I have advised businesses, senior executives and employees on a wide range of employment disputes, both in the UK and internationally. One thing I have learned is that employment disputes are rarely just about the law. They are often about people. They are about careers, reputations, financial security and future opportunities. They…
Receiving contact from the SRA about a potential investigation is unsettling for any solicitor or law firm. The process is unfamiliar, the stakes are significant, and the SRA’s communications can be difficult to interpret without prior experience of regulatory proceedings. This guide explains how the SRA investigation process works in practice, from the initial trigger…
The solicitors accounts rules sit at the heart of how SRA-regulated law firms handle client money. Get them right and the firm protects its clients, its reputation and its authorisation. Get them wrong and the consequences range from an accountant’s qualified report to a full SRA investigation. This guide sets out what the rules require,…
For many firms, an SRA audit is not simply an administrative review. It can expose weaknesses in compliance systems, AML procedures, file management, client due diligence, supervision, governance and risk controls that may already exist within the practice. The Solicitors Regulation Authority continues to publish warning notices, regulatory updates and enforcement outcomes which make one…
Choosing a business name is one of the most exciting parts of launching a company. It is also one of the easiest stages to get legally wrong. Before investing in logos, websites, packaging, marketing, social media handles and printed materials, founders should understand the basic rules around trademark registration UK protection. A recent UK Supreme…
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