09.08.2017

News

The Estonian Bar Association handed over a Quality Management Certificate to NJORD Law Firm in Tallinn

The Quality Management Certificate is a display of excellence for high service standard, achieved by management in the firm and it is given to Law firms in Estonia by the Estonian Bar Association. It confirms that the firm's service standard is in accordance with the Bar Associations Act, internal rules and Code of Conduct.

The certificate confirms that NJORD follows the Bar Associations standard of service, the integral parts of which are:

  • Proper way of conducting everyday business;
  • Creating and maintaining a work environment, which favors quality legal services;
  • Innovative services and sustainable development, maintenance and formation of client relationships.

 Only eleven other law firms in Estonia have been awarded with this certificate.

Latest news

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Often businesses think that restructuring equals bankruptcy, but that is not even remotely true. Restructuring is not the same as bankruptcy! If the purpose of bankruptcy proceedings is to liquidate the business, then the goal of restructuring is preserving it.

NJORD Estonia gives advice: Submit your restructuring application on time

For a successful restructuring, it’s extremely important to submit the restructuring application on time. There is no point in starting the restructuring proceedings at the last minute if the business has already used up all the resources necessary for a successful restructuring proceeding. According to legal literature, the main cause for a failed restructuring is […]

NJORD Estonia explains: Restructuring – what is it?

The Reorganisation Act defines restructuring (legal term reorganisation) as follows: “The reorganisation of an enterprise means the application of a set of measures in order for an enterprise to overcome economic difficulties, to restore its liquidity, improve its profitability and ensure its sustainable management.” Not the worst definition, but still might be quite confusing.

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