Practice Across The Pond - Episode 3: Navigating Transatlantic Structures in Professional Services

CM Murray LLP - Employment, Partnership and Regulatory Law

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 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.