A trust is an arrangement whereby a third party (trustee) is entrusted with assets given over by a person who establishes the trust (settlor or contributor) for the trustee to manage and distribute for the benefit of specified beneficiaries (or sometimes specified purposes). This article will help explain developments of that structure in the United Arab Emirates (UAE).
Intellectual Property (IP) rights post-Brexit are yet to be determined. In this article, learn more about how the United Kingdom (UK) and the European Union (EU) are handling these discussions.
Over the past couple of years Egypt has witnessed rapid legislative developments and a reformative wave in the spheres of cyberspace, information technology and regulation of internet activities. This new Data Protection law specifically focuses on safeguarding the personal data of individuals, which are being stored, processed or controlled electronically through online platforms.
General counsels are always under pressure to transform legal departments and through contracts, the legal function’s contribution to the bottom line is clearer and makes it easier to build the business case for a technology enabled and workflow optimised legal department.
Teamwork and lawyering don’t usually go hand in hand, but they really need to. This article explains how to progress from focusing on your individual achievements and integrating your processes with your team and boosting your skills as a leader.
In-house counsel should keep immigration compliance in the front of their mind. While not as widely discussed or emphasized, the fact that the legal consequences of non-compliance are serious for organisations and reputational impacts can be just as damaging.
In-house counsel working for businesses that hold consumer data should consider the impact of the new regime regarding Consumer Data Rights (CDR) on their business operations and how they should prepare for the new data privacy landscape.
For in-house counsel, executive presence is best described as creating a consistent long-lasting impression over time by the manner in which a lawyer expresses him or herself and engages others. This article will explain how to make your presence known at the executive level.
If you are reading this Top 10 article, then you are probably considering or are curious about living and working in the United Arab Emirates (UAE) and about international mobility. Learn more on how to secure a move of your own and enjoy a smooth transition into the UAE – the tips are relevant for international transitions in general, and can help you acclimatize to an in-house role in a numerous countries.
The new Data Protection Law, DIFC No. 5 of 2020 (the "DP Law"), became effective 1 July 2020 and replaces DIFC Law No.1 of 2007. Businesses caught by the legislation have a grace period of three months to bring their organisations into compliance with the new requirements.
The new DP Law has been aligned with data protection regimes elsewhere in the world such as the European GDPR and the California Consumer Privacy Act. Adoption of international data privacy concepts means we're hopeful that such reform will see other territories recognising the DIFC as providing sufficient regulatory protection to allow data transfers in and out of the DIFC with relative ease.