What are the focus areas of Froriep?
Our vision is to be an innovative firm. In parallel to growing our core practice areas we believe that our clients will have an increased need for competent legal advice in the three following areas in the years to come:
We like to concentrate on the three Focus Areas in our development and want to be ready for it, to lead it wherever we can.
We believe that the growth of theses Focus Areas will benefit from having as many participants as possible, and for that reason everyone at Froriep may be involved in Focus Area that they feel passionate about. This way we are convinced we can best ensure that we continue to understand our clients’ businesses, industries and markets and provide high quality legal services to clients.
Artificial Intelligence and Digitalisation
Artificial Intelligence throw up legal challenges across disciplines.
Froriep’s Artificial Intelligence Focus Area allows us to build teams of lawyers from very different disciplines but all with a burning interest and practical experience in the fast-evolving areas of machine learning and deep learning.
Our team advises clients active in a wide range of fields on regulatory compliance, liability issues, intellectual property, data protection and security, ethical considerations, taxation, contractual and litigious matters as they apply to emerging and disruptive technologies.
Our experience specific to AI projects includes:
We have been advising small and large corporations, nonprofit organisations as well as governmental agencies on environmental law and sustainable issues for many years and we have a longstanding expertise in these topics that are becoming increasingly important for the civil society and all sectors of the economy. Based on our know-how and understanding of these issues, we have established an interdisciplinary team of dedicated specialists from different practice groups to unite our strengths and expertise in order to best advise our clients and support them in the specific areas of food, water, energy, sustainability and commodities.
We are passionate about our work and about helping our clients to incorporate the environmental protection and sustainability dimensions into their corporate governance and business operation in order to manage their business in a transparent and sustainable manner and in line with their stakeholders’ expectations (customers, employees, investors, NGO’s, governmental agencies). We help them anticipate and mitigate legal, regulatory and reputational risks and we assist them in the drafting of environmental policies and ESG’s reporting for small and medium enterprises. We have a large expertise with B-Corp and other related certifications and advise our clients throughout the certification process. We have a passion for innovation and advise our trailblazer clients in the development of new value-driven business opportunities, as we do in the medical cannabis and in the luxury goods sectors.
Governance and Trust in and between the Virtual and the Physical World
The world is changing rapidly. Main drivers are technological innovation and the desire of mankind to assume collective responsibility.
Through the introduction of new technologies such as the distributed ledger technology, it becomes possible to create decentralized, autonomous ecosystems, where the stakeholders obtain ownership in virtual goods and property, and to build governance structures that are led by the collective intelligence.
Governance and trust are key for healthy interactions between stakeholders within ecosystems. This applies regardless of whether the interactions take place in the virtual or physical world or even in an interplay of between both.
The aim of this focus area is build solid legal structures that provide strong governance and trust for actions in the virtual and physical world or in between.
FRORIEP NexGen Incubator
Legal services have been provided in the same way for a very long time. The legal industry has not been subject to major disruption so far, so legal service providers have not been forced to change. As a result, the provision of legal services can appear old-fashioned and archaic. This situation has inspired a group of next generation professionals to establish the FRORIEP NexGen Incubator with the mission to deliver creative and innovative legal solutions to address unmet needs. The vision is to delight people while helping them to realise their goals. The FRORIEP NexGen Incubator is not just a lab where things are tested, but rather an active venture that strives to deliver on-point solutions in an innovative way.