From Legacy to Succession: 5 things for Family Offices to consider

The Middle East is home to an estimated 528 family offices, which collectively manage an estimated US$500 billion in assets under management (which are expected to surpass US$1 trillion by 2030). As a number of traditional family businesses are looking to transition from first to second or second to third generation, succession planning is a major challenge and consideration for these family offices. Having the right framework, governance and succession planning in place is vital to ensuring the... By: White & Case LLP