Blog
Putting Together a Succession Planning Strategy
Having a succession plan in place helps a business to continue to run interrupted and smoothly should key employees retire, pass away or move to other opportunities. It’s also an important way to account for potential emergencies and could necessitate the...
Using ADR to Efficiently Settle Disputes
Alternative dispute resolution (ADR) methods encompass approaches such as mediation, negotiation and arbitration, which serve as means for parties or individuals to resolve disputes without going to court. Many people choose ADR as it’s typically more cost-effective,...
Effective Estate Planning for Blended Families
Estate planning in general can be a complicated process, and even more so when it comes to blended families. Blended families are formed when two people enter a relationship, bringing with them children from a previous relationship. However, there are several key...
How Inheritance Can Cause Family Conflict – And Ways to Avoid It
While an inheritance can be a very special gift, it can also be the cause of serious family conflict, resulting in rifts between family members and destroying an individual’s peace of mind or financial security. Issues such as, for example, misplaced beliefs and...
How Alternative Dispute Resolution Can Effectively Resolve Problems
Alternative dispute resolution (ADR) refers to various means of resolving a dispute without needing to go to court. ADR schemes can include mediation and may be used to solve a dispute with a neighbour, family members, an ex-partner or a seller, trader or company....
Family Business: The Importance of Planning for the Future
For many family businesses, the goal of handing the enterprise over to the next generation in the future – ideally healthy and in a good position from which to grow – is an important one. In such challenging times, this endeavour may seem harder than ever before, but...
The Definition of the Family Asset Pool
After the breakdown of a long-term relationship or marriage, dividing assets can be time-consuming and stressful. Quarrelling with an ex-partner over which party is entitled to each asset only serves to exacerbate the stress and drag out the process. For those in this...
What Is a Trusted Adviser and What Are the Benefits of Having One?
A trusted adviser is a company or individual that works collaboratively with clients as a strategic partner. A trusted adviser harnesses their extensive knowledge and experience to provide advice and guidance tailored to their client’s needs and objectives on a...
The Increasing Incidences of ‘Succession Syndrome’ Among Wealthy Families
The hit HBO show Succession may be a fictional drama, but many of the issues it explores are firmly rooted in fact. Paracelsus Recovery, which has centres in London and Zurich, offering therapy, counselling and medical help to wealthy clients, has said that almost 40%...
Aggressive Litigators: Are They More Effective?
Lawyers often believe that their clients want a litigator who is aggressive, and many describe themselves as such on their professional profiles. But is taking an aggressive approach actually more effective in terms of getting results? What is an Aggressive Litigator?...