On 19 September 2024, amendments to the Latvian Law on the Prevention of Money Laundering and the Financing of Terrorism and Proliferation (AML Law) were adopted. Here is a look at the main changes introduced by the amendments. Exemptions for services provided to group companies The amendments clarify that outsourced accountants will not be considered […]
In today’s business landscape, companies often struggle with finding the right balance between protecting their interests and ensuring compliance with the increasingly complicated legal requirements. While competition law encourages companies to safeguard their trade secrets and investments in employees through restrictions in employment agreements, employment law tends to protect the employees’ freedom of speech and […]
As the legal industry embraces technological transformation, law firms increasingly turn to artificial intelligence (AI) to streamline operations and enhance client services. While incorporating AI tools is becoming a strategic move for many law firms, Sorainen has embarked on an ambitious journey to develop its own. Meet AiVar: Sorainen’s very own AI tool Whether automating […]
We advised Rail Baltic Estonia on preparing the base documents for a significant tender related to an alliance procurement consultancy contract. Alliance procurement is a project delivery model that has successfully been adopted in Finland. In this model, the client, designer and builder share responsibilities and risks, work as a unified team, and always make […]
