12 Dec 2017

It’s Here! Gecić Law Extends Global Footprint With TerraLex Elite Network

Following almost 12 months of meticulous research, grueling screening processes, and a series of elaborate meetings and interviews, Gecić Law is excited to announce it has become the exclusive Serbian partner of TerraLex, the world’s leading international legal network and member of The Elite (Band 1) in the Chambers & Partners leading law firm networks global-wide rankings.  We are incredibly grateful that TerraLex recognized our quality, reputation, international experience, and dedication to excellence in law practice.

This extensive network spans over 100 countries worldwide and provides full-service assistance to clients through its 17 practice groups.  As part of the TerraLex global network, Gecić Law is prepared to follow its clients across the globe – with preferred access to more than 150 rigorously vetted law firms and over 19,000 lawyers – all from a single point of reference here in Belgrade.

For more than 25 years, TerraLex member firms have provided clients with trusted, quality legal service that counts as a locally-focused, strategically-resourced, and expertly-vetted collaboration of problem solvers poised to resolve issues of all scopes.

Our Thoughts

I am very excited to accept the invitation to join the premier TerraLex network,” said Bogdan Gecić, partner at Gecić Law.  “Working with other prominent TerraLex firms, we can seamlessly handle our clients’ most challenging cross-border transactions and disputes, effectively leveraging our unrivaled local expertise against a global backdrop.  True to our promise to continue reinventing the role of legal practice, we have leapfrogged the region-only mentality by opting for a global model to support our clients virtually, anywhere, and everywhere their business ideas take them.

Adding to this, Ognjen Popović, Business Development Manager at Gecić Law, noted: “In terms of pure economics, this partnership enables us to follow our clients into 100+ markets that make up almost 95% of the global economy, with more than 5.5 billion customers.  This truly is a game changer for our clients given the Firm’s essentially newfound capacity to support them at the highest level, on a global scale.

Individually, each TerraLex member firm is a leader in its respective market with outstanding knowledge of and experience with local laws and business customs, as well as expertise to handle matters beyond borders.  Additionally, each firm offers a strong network of valuable connections to other professional service providers, business people, industry groups, and local government, helping international clients understand the unique nature of the local legal and business environment.

We look forward to joining other TerraLex members in providing global solutions to the most pressing challenges for businesses around the world, such as data protection and cybersecurity,” added Nikola Aksić, partner at Gecić Law.  “The European General Data Protection Regulation (GDPR), which goes into effect on May 25, 2018, will significantly raise the stakes for companies operating in the European Union and, from recent research, is one of the key business challenges keeping CEOs up at night,” continued Mr. Aksić.  “I’m excited that with other TerraLex member firms, we can now help international clients prepare for the GDPR, understand the broad implications of the rule, and develop and implement compliance programs that meet EU standards.

Global Resources & Knowledge Delivered Locally

Another important development for our clients and the regional market as a whole is the Knowledge Leadership that our Firm brings to the table in collaboration with TerraLex network, and its members.  We take knowledge leadership very seriously, ensuring that our clients can access the latest news, understand the most important developments and receive an expert analysis of local, regional and global trends at a single place – our News & Publications center.  This partnership will further increase our ability to serve our clients.

We are extremely pleased to share with our audience two stellar examples of what they can expect to see more of in the future.  The first, The General Counsel Excellence Report 2017, is a survey of general counsel that provides critical insights and “tracks the continuing evolution of the role of corporate general counsel to encompass important nontraditional areas of focus and responsibilities.” (link)   As the exclusive sponsor of the inaugural GC Powerlist Central & Eastern Europe (link), we are delighted that TerraLex also provides GCs with unique tools, such as the TerraLex Corporate Counsel Value Kit (link), that we are excited to share with leading legal professionals in Central and Eastern Europe.  On a different note, Cross-Border Copyright Guide 2017 draws together contributions from copyright experts in territories we have found are key to global businesses offering in-depth insights and pragmatic analysis of the subject matter. Both reports are exclusively available for download below:

 

If you have any questions about the network and how it can benefit you, feel free to reach out to our team at office@geciclaw.com.