What is “Digital Contract Management”?

Offshore bankingDigital contract management refers to software that is used to write, store and monitor contract-related documents. With the aim of making contracts easier to manage ,it is the natural development of contract writing in our increasingly digitised age. Yet, it was only when Covid-19 disrupted businesses worldwide that digital contract management garnered more mainstream attention. Many organisations adopted digital platforms to remain productive during work-from-home periods. Arguably, however, digital contract software offers extensive benefits other than pandemic survival. They make work-flows and processes more efficient. Some law firms even have their own digital contract platform – Linklaters and its proprietary platform “CreateiQ” is one such example. relates to financial services provided by banks to individuals or companies that do not reside in that location. The Ancient Romans first encouraged it by creating a tax-free port in Delos for merchants. In 1713, Switzerland became a major offshore banking destination by enacting laws on banking privacy. This status was enhanced by the 1815 Congress of Vienna, where Switzerland declared its political neutrality, and its low tax rates in the 1900s during and after the two World Wars.

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What you need to know about… PwC Legal

PricewaterhouseCoopers (PwC) is one of the top four accounting firms in the world, commonly referred to as the “Big Four”. It was created as a result of a merger between Price Waterhouse and Coopers and Lybrand in 1998. In the 1990s, PwC managed its legal obligations through a network of nearly 20 international law firms to reference its work. In 2000, post the expensive rebranding of PwC, all the affiliated firms came to be collectively known as Landwell. Subsequently, in 2006, it morphed into PwC Legal, the current legal arm of the firm.

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What is “Offshore banking”?

Offshore banking relates to financial services provided by banks to individuals or companies that do not reside in that location. The Ancient Romans first encouraged it by creating a tax-free port in Delos for merchants. In 1713, Switzerland became a major offshore banking destination by enacting laws on banking privacy. This status was enhanced by the 1815 Congress of Vienna, where Switzerland declared its political neutrality, and its low tax rates in the 1900s during and after the two World Wars.

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