Cyprus, the small country located in the Mediterranean has become one of the most important countries for finance businesses. This has seen the country’s economy surpass that of the European average. In 2019, the country’s economy grew by almost 4%. This was higher than the projected EU growth of just 1.8%. There are several reasons for this but one of the biggest one is that the country is a tax haven. As this economic growth continue, we have seen the number of lawyers move up. In this article, we will look at the best ways of getting a good corporate lawyer in Cyprus.
Cyprus Bar Association
The most important thing you need to do when finding a lawyer in any country is to ensure that the person or firm is genuine. This means that you need to check whether the lawyer is registered with the country’s bar association. The Cyprus Bar Association has been around for decades. Part of its role is to register all lawyers and ensuring that unscrupulous people are not acting as lawyers. You need to check the association’s website to ensure that they are registered.
Solo Lawyer or Firm
When finding a corporate lawyer in Cyprus, it is important that you consider the type of person that you want. On this, you can decide to use a solo lawyer or a law firm. A solo lawyer is recommended for small lawsuits that don’t have a lot of financial details. For example, if your company has been sued by a former employee, you can use a good solo lawyer. This is because there is not a lot of work to be done. On the other hand, if you are doing a big thing such as a merger and acquisition, you should consider using a good law firm like Pavlaw. This is because a lot is at stake and you can lose a lot of money if things don’t go as planned.
The internet has been a good place for people to share their experiences. This makes the internet a very important place for you to learn more about the lawyer you are using. As such, we recommend that you conduct a good review of your lawyer. This will help you learn from the experience of the past clients. For example, it is possible to see whether the lawyer or law firm you are using is good at winning cases. Therefore, take your time to read online reviews and visit their social media pages.
Being a member of the Cyprus Bar Association is a good thing. However, it does not mean that all members are good people. We have heard stories of lawyers who have defrauded their customers. To prevent such a situation, we recommend that you sign documents with your lawyer. Ensure that you have an agreement about the scope of the contract in writing. This will help to reduce conflicts with the attorney.
In short, it is important that you be very careful when hiring a corporate lawyer in Cyprus. Taking time to do due diligence will help you make good decisions. It will also help you to get a lawyer that can address your cases well.