New law firm LCN Legal is launched, with the objective to complete projects for clients quickly and efficiently as possible, giving them the legal support they need when they need it, and the knowledge that they are in good hands. The firm's main focus areas are legal implementation of group reorganisations and corporate simplification projects, intercompany agreements for transfer pricing, and establishment of investment funds and investment joint ventures.
The firm operates on the basis of fixed fees or specific projects, not hourly rates. We believe this is better for everyone concerned. It gives our clients control and certainty over cost, and it also incentivizes us to work efficiently. This in turn is likely to reduce the time our clients need to spend on the project, as well as the time and cost incurred by other advisers which our clients may need to involve.