Family Office First
For Family Offices, unforeseen threats such as fraud, disputes between family members or litigation with third parties can severely jeopardise family stability, value and reputation.
Just as families are complex, continually evolving entities, so too are the issues they face. In many cases, it will be a transitional event - such as a sudden death, a generational shift or the sale of a family business - that initiates conflict. Other commonly encountered problems stem from investments that have misfired, divorces, trust disputes and fraud.
When everything is running smoothly, it's easy to rely on the fact that ‘everyone knows how things work around here', but when operations come under pressure, risks can multiply quickly. These risks become more acute in the case of multi-generational families and those with international asset holdings.
We understand that the problem you face may, in fact, be a symptom of a larger and more significant issue in the family. We will work with you to understand and resolve the underlying issues as well as the immediate conflict.
How can Family Office First help?
We have quietly, efficiently and sensitively helped families with conflicts for many generations. Our group, Family Office First, distills that experience, providing you with solutions to help prevent the damage that can flow from litigation, intra-family disputes and criminal activity. We understand family conflict better than anyone else in the litigation market.
Conflict is ever present. It is normal. So as a family you need to be prepared to experience it. This means turning to people who are technically skilled and are sensitive to your need to carry on functioning as a family after the issue is resolved.
Family conflicts are inherently different from commercial ones and we do not treat them in the same way. When you are connected by blood you can't always just walk away following a dispute, meaning you often don't want a ‘knockout solution'. You are likely to want us to win, but to do so sensitively.
The idea of remaining connected following a dispute is extraordinarily difficult. Other litigators default to type and their aggression can resonate down the generations. When we say that we take a different approach, we mean it. It is in our DNA to show sensitivity and tact. We will not try to win at all costs (unless you tell us to). This sometimes means our engagement is very short.
Who do we work with?
We work with families all around the world, we are based all around the world. We always take time to fully understand the cultural context in which your family operates before offering any advice.
For more information on Family Office First and how we can help, please download the welcome pack here.