International Network of Accountants and Lawyers - need of the transnational economy

In today’s competitive Global economy, businessesindependent firms spread over 45 countries with office
whether Large, medium size or Small are faced with aat 123 locations. The area of expertise of the member
substantial amount of challenges when working withlaw firms include company law, finance law, IP-law,
clients that transcend national boundaries. Each countrycompetition law, employment law, litigation, mergers and
has its own unique legal system and trading practice.acquisitions and tax law etc.
Lacks of uniform standards across the GlobalIGAL members are recruited after undergoing an
business spectrum require that coordinated discussionsextensive process involving scrutiny and professional
between the interested parties. This requires thechecks including peer feedback and recommendations.
presence of an international accountant and legalMembers submit a detailed application form and an
network.on-site visit are conducted by an IGAL director or
The members of IGAL (Intercontinental Grouping oflong-standing regional member. The selections process
Accountants and Lawyers) are qualified experts whoensures that all member firms are capable of a high
can provide consultation to the clients and overcomestandard of work. The members have a basic
the barriers of country specific professional practices.requirement that the firm representatives are able to
They provide valuable advice and the cutting edgespeak and correspond in English (being the global
knowledge required for the preparation and successfullanguage). This is in addition to the local language.
implementation of international business transactions.IGAL members are required to attend regular
IGAL embodies the spirit of cooperation andmeetings to build on the professional and personal
teamwork between the International group of lawyers.rapport. IGAL organizes an International Annual
The members of this esteemed network ofConference which is held in various locations
accountants and lawyers are well versed with thethroughout the world. In addition to this mid-term
laws and practices of the countries where the clientsmeetings are organized and various activities are held.
have business interests. The members enjoy deepIGAL has a nominal annual fee that is used to spread
personal and professional relations and deliver the bestthe growth of the professional accounting and legal
professional advice. IGAL is a network of 99network.