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  • 1. ScotlandA Premier LPO Location September 2013 May 2012 A Presentation by Scottish Development International
  • 2. Contents The Legal Sector in Scotland 3 Scotland’s Capabilities; Selected Company Profiles 8 Legal Salary Rates 18 Sector Overview 3 Supportive Environment 5 Qualified and Talented Workforce 12 Transport Infrastructure 19 6 Education in Scotland 13 How Scottish Development International 20 Supportive Environment Law Society of Scotland 6 Critical Mass 7 can assist your company. Scotland’s Academic Excellence 14 Multilingual Capability 16 Scotland’s Competitive Advantage 2 21
  • 3. The Legal Sector in Scotland Sector Overview Scotland has a distinctive tradition in the legal sector with This robust labour pool is also being added to on annual a long and proud history, built on traditional values of basis by the output from the School of Law at the integrity and fairness. University of Dundee who are the only Law School in the Key Facts • The legal sector contributes over £1 billion to the UK to offer both English and Scots law qualifying LL.B Scottish economy every year. A number of leading Scottish firms practice across the programmes and the unique dual qualifying LL.B which UK and internationally offering legal services by qualified is accredited by both the Law Society of Scotland and the • There are over 12,600 qualified lawyers in Scotland, Scottish and English legal professionals. The fact these SRA. (Source: Law Society of Scotland) compared to 3,000 in Wales and 3,500 in Northern firms are able to support this national and international Ireland. work from Scotland is testament to the quality of the There are also a number of areas of the law where • Over 3,300 law graduates each year. labour market and professional services environment in dual qualification is not necessary such as company, • In 2011, there were nearly 28,000 people employed Scotland. commercial, consumer, tax and employment law. The law in Legal Activities in Scotland, the majority of these in these areas is substantially the same across the UK and employed within the central belt including Glasgow, With over 1,200 law firms in Scotland employing over individuals can practice as RFLs in jurisdictions other than Edinburgh, Fife and Lanarkshire. 12,600 qualified lawyers the Scottish legal sector benefits those in which they qualified. • A further 212,000 people were employed in finance from a wide range of skill sets at varying levels of and business in 2011. experience. Indeed, Scotland’s schools of law produce • 7 of the top law schools in the UK are in Scotland. over 3,000 graduates on an annual basis. Those who do not go onto qualify as solicitors use their legal education • It is estimated that there are around 10,000 paralegals to pursue other employment creating a wealth of diverse skills for financial and professional services firms which employ well over 100,000 people in Scotland. (Source: The Guardian University Guide 2013) in Scotland (Scottish Paralegal Association). • Scotland offers a flexible and cost effective location for international legal services and, with the passing of the Arbitration Act and establishment Many Scottish solicitors are dual qualified and can advise of the Scottish Arbitration Centre, offers a globally on the law of more than one jurisdiction. Indeed, in competitive place for dispute resolution. recent years nearly 600 solicitors have taken either the Solicitors Regulation Authority (SRA) or the Law Society of Scotland (LSS) intra-UK transfer test. In addition, there are currently 662 Registered Foreign Lawyers (RFLs) in Scotland, the vast majority of whom will have qualified in England and Wales. 3
  • 4. Legal Process Outsourcing/Alternative Sourcing As with all business sectors in the current economic Many Scottish solicitors are dual-qualified and can Current Global Economic Climate climate profitability is under sustained pressure and there advise on the law of more than one UK jurisdiction. More General Counsel of companies in the USA, the UK and is now a focus on reducing costs and firms are looking to importantly, for many solicitors specialising in company Mainland Europe are under severe pressure from their introduce a new operating model. and commercial, consumer, tax and employment law, dual CEOs and CFOs to reduce their legal spend and their qualification is not necessary, as the law in these areas use of external law firms. They are being forced to look ‘Many firms are being pressured by their clients to is substantially the same across the UK and individuals at more cost effective ways of delivering legal services offer low-cost resource in areas such as legal research, can practice as Registered Foreign Lawyers (RFLs) in to their businesses. General Counsel are increasingly document review, contract drafting, and intellectual jurisdictions other than those in which they qualified. exploring alternatives to the conventional property. LPO is increasingly being viewed as a means of competitive advantage. The global LPO industry has shown impressive growth, but it is still in relatively early stages’ (Source: PWC) Alternative sourcing has been adopted primarily in the US and UK, led by major in-house legal departments of large corporations. In this rapidly developing market the UK, India, the Philippines and South Africa have emerged as locations for legal support/services operations. Whilst these traditional outsourcing locations offer an apparent solution, as the sector develops and companies wish to outsource more high level functions then the location choice becomes more complex. Scotland is ideally placed in terms of key skills and jurisdiction to fulfil the needs of a global legal operation. Although Scottish lawyers operate under separate jurisdiction, dual qualification is common and also quick to convert. law firm model of charging at hourly rates. Key Facts and Global Opportunities • The global legal services industry is currently valued at US$ 516.2 Billion and is estimated to grow to US$645 Billion by 2015. • The USA, the UK and Mainland Europe are the largest markets of the legal services industry. • The LPO industry is currently valued at US$800 Million and has been growing at an average of 26% per annum. Research estimates that the LPO Industry will grow inorganically in the next 3 years to US$ 3 Billion by 2015. • India remains by far the largest market for procurement of LPO services followed by South Africa and the Philippines. • In the past 5 years, there has been a major consolidation within the LPO industry and the majority of the market share is now controlled by 10 LPOs. 4 Scotland, with it’s mature BPO sector and experience in delivering innovative customer service solutions to global businesses is well positioned to host operations within the LPO/Alternative Sourcing space.
  • 5. Supportive Environment Law Society of Scotland The Law Society of Scotland regulates and represents all practising solicitors in Scotland and has an important duty towards the public interest and to lead and support a successful and respected Scottish legal profession. Its key support services are education, continuing professional development (CPD), professional practice advice service, law reform and regulation liaison. The Education Policy Team focuses on the education and training of solicitors in Scotland. The team organises postqualification CPD events for the profession, providing a range of resources and tailored programmes for solicitors, other legal providers and business people. Practising solicitors benefit from the expert advice and guidance of the Professional Practice Department. This team provides training, delivers briefings and supports key career milestones such as becoming an accredited specialist or a solicitor advocate. The team also provides business information for firms such as converting to a limited liability partnership. The Society also offers help, training and support to the profession on client complaints handling, including advice on how to avoid complaints. The Society has a governing Council, which sits as the principal decision making body of the organisation. It is made up of solicitor members, the vast majority of whom are elected by solicitors in constituencies covering each part of Scotland. www.lawscot.org.uk 5 Scottish Paralegal Association The Scottish Paralegal Association (SPA) was formed in 1993 to promote the interests of paralegals in Scotland. It is a voluntary not for profit association with an elected committee bound by a constitution. The SPA is the only association recognised by the Law Society of Scotland as the body representing the interests and promoting the development of Paralegals in Scotland. The SPA holds amongst its membership paralegals who operate in a wide variety of roles within the legal profession assisting solicitors in many different areas of law. The SPA acts in the best interests of the members by promoting and representing their collective opinions and views. The grading system operated by the SPA was developed through consultation with the Law Society of Scotland, all of which, when combined with a requirement for continued professional development (CPD), provides confidence in members of the SPA and their ability to deliver legal services in a competent and professional manner. The SPA also provides a “Situations Vacant” service through its website and in addition to advertising by recruitment agencies accepts adverts from law firms. Details of a variety of update courses, faculty seminars and CPD events are included on the site together with education providers of legal courses to suit all needs. www.scottish-paralegal.org.uk Established Business Process Outsourcing Scotland is an internationally recognised Business Processing Outsourcing (BPO) location with an impressive track record and distinguished pedigree. Some of the largest BPOs in Europe are based in Scotland. Scotland was one of the first UK locations to host a contact Centre and has a proven track record with the first market entry in 1989 by Direct Line. Currently Scotland is home to over 400 contact centres covering a range of industries employing over 90,000 people. (Source, Taylor & Anderson Report 2011)   Much of our growth and success can be directly attributed to a flexible, stable and motivated workforce with highly developed skills making this a very mature sector. Scotland is home to many global and pan European BPOs due to the wealth of multilingual skills on offer with 26 different languages spoken in centres across Scotland. Some of the global and pan European BPOs based in Scotland include Webhelp TSC, Response, IBM, Stellar, Logica, First Data, Capgemini, Vertex and Sykes Enterprises.
  • 6. Critical Mass Scotland is home to a diverse group of legal firms specialising in a cross section of areas of law. The map below contains a selection of some of the larger law firms in Scotland. ABERDEEN Pinsent Masons* Brodies Maclay Murray & Spens Burness Paull & Williamsons Ledingham Chalmers Raeburn Christie Clark & Wallace Balfour & Manson Aberdein, Considine & Co James & George Collie Peterkins Simpson & Marwick Dundas & Wilson Aberdeen Dundee Perth DUNDEE Simpson & Marwick Login2Law Thornton Investment Services Thornton Law Digby Brown Blackadders Miller Hendry Shield & Kyd Campbell Boath St. Andrews GLASGOW Pinsent Masons* Brodies Maclay Murray & Spens Anderson Strathern Shepherd & Wedderburn Dundas & Wilson Harper Macleod Gately (Scotland) MacRoberts DWF Biggart Baillie McClure Naismith Burness Paull & Williamsons Tods Murray Brechin Tindal Oatts Morton Fraser Ledingham Chalmers Wright, Johnston & MacKenzie Morisons TLT NewGalexy** Ashurst** (Source: The Law Society of Scotland Database, February 2013) 6 Stirling M90 Dunfermline Larbert M80 Greenock M8 Erskine Falkirk Renfrew Paisley Cumbernauld M8 East Kilbride Kilmarnock Hamilton M74 Irvine Prestwick Ayr * Merged with McGrigors, May 2012 ** This represents the latest LPO investment into Scotland Kirkcaldy M9 Linlithgow Livingston M73 Glasgow Glenrothes Edinburgh EDINBURGH Pinsent Masons* Brodies Maclay Murray & Spens Anderson Strathern Shepherd & Wedderburn MacRoberts Burness Paull & Williamsons Tods Murray Morton Fraser Simpson & Marwick Ledingham Chalmers Lindsays Turcan Connell Wright, Johnston & Mackenzie Dickson Minto Archibald, Campbell & Harley ACH Shoosmiths TLT DWF Biggart Baillie Eversheds Thorntons Law Morisons
  • 7. Scotland’s Capabilities; Selected Company Profiles The following examples are some of the larger legal firms in Scotland. Anderson Strathern Anderson Strathern was founded in 1992, following the merger of two long established Edinburgh firms, J & F Anderson and Strathern & Blair. Both firms were very well regarded, having been in practice for over 200 years, but faced new times and changing client needs. In the early nineties, clients were looking to have all their legal needs met by one firm (in other words ‘full service’) and the coming together of these long established firms meant that jointly they could expand and develop their legal offering. With increased resources and a wider range of disciplines to offer, Anderson Strathern were able to strengthen existing relationships and forge new and lasting ones, many of which still remain today. Anderson Strathern is one of Scotland’s top law firms. In November 2011 it was accredited with IIP Gold Status. This award not only places Anderson Strathern within the ranks of the1% UK companies that have achieved Investors in People Gold Status, it puts the firm clearly at the top of the Scottish legal profession as the only Gold accredited law firm in Scotland. www.andersonstrathern.co.uk 7 Brodies Brodies LLP is a leading corporate and commercial law practice delivering the highest level of legal services to a diverse range of public and private sector clients. Brodies is Scottish headquartered with offices in Aberdeen, Edinburgh, Glasgow and Brussels. It has over 500 employees structured around core departments of corporate and commercial, property, litigation, banking and financial services, employment, public sector, tax and private client, are multiple specialist teams that deliver winning advice, tailored to client needs – from projects and procurement to energy and waste; from restructuring and insolvency to technology and IT; from insurance and personal injury to property and planning. Key sectors and expertise include Aviation, Defence & Engineering, Corporate/M&A, Education, EU Law & Competition, Financial Services, Food & Drink, International Trade Law, Inward Investment, Marine & Shipping, Oil & Gas, Outsourcing, Parliamentary & Regulatory, Pharmaceutical & Life Sciences, Renewable Energy and Transport. www.brodies.com Burness Paull & Williamsons Burness Paull & Williamson is a premier Scottish law firm with offices in Aberdeen, Glasgow and Edinburgh with over 58 partners, 183 lawyers and over 150 support staff.   The firm has a strong international presence with impressive crudentials in energy, funds, private equity and dispute resolution.  Burness Paull & Williamson received Employment Firm of the Year UK in the ACQ Law Awards 2010, Regional Law Firm of the Year UK in the ACQ Country Awards 2009 and National/Regional Law Firm of the Year 2008 Award by The Lawyer - the only Scottish firm to achieve this.  www.burness.co.uk
  • 8. Pinsent Masons/McGrigors On 1 May 2012, McGrigors merged with Pinsent Masons to form a company of over 2,500 staff in 15 international locations. The combined firm, which will operate worldwide under the name and brand of Pinsent Masons, will employ over 2500 people in total including over 1500 lawyers. The firm will have market-leading UK coverage, with a significant presence in each of the UK’s three legal jurisdictions. Its international profile, which already encompasses four offices in Asia Pacific, will include two offices in the Gulf (Dubai and Qatar). Two more offices in France and Germany opened in 2012. Sectors covered by this firm include: Advanced Manufacturing & Technology Services, Financial Services, Core Industries & Markets, Energy & Natural Resources, Infrastructure, Retail, Sport, Hotels, Real Estate, Public Sector, Housing, Life Sciences, Universities & Higher Education. Services offered include a wide range of commercial legal advice and support nationally and internationally and include: Banking & Restructuring, Construction Advisory & Disputes, Employment, Insurance & Reinsurance, Litigation & International Arbitration, Projects, Regulatory, TMT & Sourcing, Commercial, Corporate, EU & Competition Intellectual Property, Pensions, Property and Tax. Dundas & Wilson Dundas & Wilson is a commercial law firm highly rated by clients as well as by Chambers and Legal 500 directories. Across the UK it has almost 400 lawyers, providing legal expertise across a range of areas. Areas of expertise including Commercial & Advisory Services, Construction & Engineering, Adjudication, Corporate, Charities, Debt, Restructuring & Recovery, Acquisition Finance, Dispute Resolution, Employment, Energy & Utilities, Environment, Business Management, EU & Competition, Financial Services Regulatory, Funds, IP, IT, Life Assurance, Outsourcing, Pensions, Planning, Projects, Property Finance, Public Law, Public Procurement, Real Estate, Retail Banking, Tax and Transport. www.dundas-wilson.com Shepherd & Wedderburn Shepherd & Wedderburn is a leading UK law firm, with 61 partners and some 350 staff with offices in Edinburgh, Glasgow, London and Aberdeen.  It provides corporate, commercial, public sector and private clients throughout the UK and abroad with a full range of legal services. Client base includes not only large organisations, but also small and medium-sized enterprises, based both in the UK and increasingly further afield. www.pinsentmasons.com 8 Sectors include: Banking, Charities, Commercial Dispute Resolution, Competition and Regulation, Construction and Special Projects, Corporate Finance, Corporate Tax, Debt Recovery, Employee Share Incentives, Employment, Funds and Financial Services, Intellectual Property, Pensions, Personal Injury, Planning and Environment, PPP, Private Business Services, Professional Regulation, Property, Public Law, Regulation and Markets, Restructuring and Insolvency and Technology, Media and Telecoms. www.shepwedd.co.uk DWF Biggart Baillie DWF Biggart Baillie is a UK law firm with offices throughout the UK.  In July 2012, the Scottish firm, Biggart Baillie merged with DWF and continues to expand; it currently has over 160 partners and earlier this year acquired Manchester based Cobbetts, with the intention of safeguarding the vast majority of jobs.   DWF and Biggart Baillie have established reputations for excellence in their respective specialist sectors, many of which – such as real estate, retail and energy and infrastructure - are aligned.     Following a successful 2011, DWF has ranked first place for the quality of its legal and commercial advice and ranked second amongst national firms in the highly acclaimed Client Satisfaction Report (2011) by Legal Week.  The report incorporates feedback from over 1,000 clients based across 15 sectors. www.dwf.co.uk
  • 9. Scotland’s Capabilities; Selected Company Profiles The following companies have recently located legal support functions in Scotland. Ashurst LLP Ashurst LLP announced in June 2013 plans to locate a new legal and business support services office in Glasgow. This is a first for the country, with Ashurst becoming the first international law firm to launch this kind of office in Scotland. NewGalexy NewGalexy is a global LPO firm with bases in Glasgow, London, Chicago and Mumbai. The firm is at the forefront of the movement towards a global service delivery model with two world class and fully serviced LPO delivery centres. The project is expected to bring around 150 high-quality jobs in the first year, with the potential for more as the business grows. The onshore European LPO delivery centre is based out of Glasgow and was Scotland’s first legal process outsourcing (LPO) centre. The new centre was announced in October 2012, creating 21 jobs including qualified lawyers. The Glasgow centre will initially focus on managed legal support services to law firms, legal risk management and the delivery of legal services to a range of business sectors. NewGalexy expect to expand their Glasgow workforce to more than 50 lawyers in the next few years. The planned office will open later this year, with legal work initially focused on some document review processes in the finance and dispute resolution practices. Over time the plan is to extend the legal service across all practices, with the overall objective of creating a centre of excellence to deliver a high quality, consistent and cost efficient service to the broader Ashurst network. In deciding to open an office in Glasgow, the firm undertook an analysis of several global options. Key attractions of Scotland included the quality of the talent pool, number of available graduates, infrastructure, accessibility, strength of the legal industry and the regional support offered by us. There is no plan to practice Scots law, nor will the office compete with Scottish law firms. “The shape of the legal services market is changing and clients want their law firms to take responsibility for efficient sourcing of services without compromising on quality. “We believe our new venture in Scotland will be of great benefit to the firm and its clients.” James Collis, Managing Partner, Ashurst www.ashurst.com 9 “I am delighted that of the various European locations we explored, Scotland has come out on top. Support from Scottish Development International was a key component in our decision to build our new onshore LPO business in Glasgow. “Increasingly, European legislation will drive businesses to consider alternatives to offshoring legal work – and we are greatly encouraged by the enthusiastic support existing and potential new customers have given us as we launch this new, onshore facility. “There is clear market demand for this development – and Scotland has an excellent pool of legal talent which could make it a leading base for LPO services.” Robert Glennie, NewGalexy’s co-founder and executive chairman www.newgalexy.com
  • 10. Scotland’s Capabilities; Selected Company Profiles In addition, the following Scottish legal firms have created alternative legal service delivery models providing a wide range of services. Dundas & Wilson Legal Services Unit (LSU) Edinburgh law firm Dundas & Wilson has set up a firm within the firm comprised exclusively of paralegals to carry out work for clients which would previously been undertaken by solicitors. The LSU presents clients with innovative solutions and better value from their legal advisors. Cost savings will be made to the client, as much of the work to be carried out by the Legal Services Unit (LSU) would focus on routine, procedural and repeat work. Led by Fiona Letham, a solicitor at the firm for 14 years, the Legal Services Unit (LSU) will otherwise be staffed by paralegals, undertaking tasks such as searches, filing, registrations, basic due diligence, and document review and collation. The team of 12 is based across Scotland, but provide support to the London office as well as the Scottish offices in Edinburgh, Glasgow and Aberdeen. The firm is already looking to hire more paralegals to expand the unit. www.dundas-wilson.com Login2Law Login2Law is a revolutionary new online legal service backed by Thorntons Law LLP, a highly respected full service law firm. Thorntons Law LLP is a customer focused, progressive law firm with a wealth of expertise and traditional values, developed from roots going back as far as 1857, and now consists of 30 partners and over 260 staff. 10 Login2Law covers a wide range of legal matters: both business and personal, reflecting Thorntons’ expertise across a breadth of legal services. Headquartered in Dundee, Login2law combines the latest online technology with the expertise of one of the UK’s top 500 law firms. Login2Law offers online access to extensive Law Guides free of charge, along with the option to purchase professionally prepared legal documents, which are tailored online to fit specific circumstance and needs. Coupled with access to legal specialists if needed, the service is the first of its kind in Scotland. Login2Law gives businesses and individuals access to a leading law firm with personal attention, coupled with lower, fixed fees and all the speed and convenience that the internet offers. www.login2law.co.uk Morisons Solicitors ‘Just Do Law’ Morisons LLP is a multi-service legal firm with offices in Edinburgh and Glasgow. The firm has launched a new business software service enabling sole practitioners to set up a law firm with little cost, no need for support staff but with all the resources needed to open the doors to a new business. Just Do Law provides lawyers with all the facilities needed to open a law firm including an electronic filing system; cash management system; a legal accountancy package; a virtual receptionist; design, hosting and maintenance of a website; and a Law Society approved compliance service, which includes money laundering, ensuring all processes meet necessary obligations. Just Do Law was developed by Morisons’ Technology Team who recognised the increase in the number of new firms starting up through redundancies and spin outs from larger firms and also the requirements of in-house lawyers engaged in terms of the new Legal Services Act. However, the integrated service can also be used by small law firms looking to streamline their existing business practices. The team brought together a number of leading partners, including eXpd8, the Onyx Group, The Cashroom Ltd, Legal Eye and CES Services Management Ltd to develop the solution. www.justdolaw.com Law at Work Law At Work was founded in 2001, has offices in Edinburgh and Glasgow, and provides the quality expected from a leading law firm at an all-inclusive, guaranteed price. LAW specialises in helping clients identify, manage, reduce, and eliminate risk to their businesses in all areas of employment law, HR, and health & safety. Handling more than 100 employment tribunals a year, they also offer an option to insure against the risk of tribunal activity. Law take pride in building close client relationships, making the service personal to each organisation supported. Their clients span public, private and voluntary sector organisations between 10 and 10,000 staff. Their highly qualified team of 27 includes specialist employment lawyers, health & safety experts and HR and training consultants. www.lawatwork.co.uk
  • 11. Scotland’s Capabilities; Selected Company Profiles Intelligent Office Intelligent Office has been providing BPO services to the legal sector for over 12 years and work with some of the leading firms and in-house counsel in the UK. Services can be provided either on site in the firm’s own offices or at the Intelligent Office shared services centre which is based in central Scotland. The range of services provided by Intelligent Office includes all administrative functions including document production, transcription, records management, print and mail management as well as front of house services. Intelligent Office help firms drive profitability and improve client service through professionalising their back office functions. They achieve this by combining industry best practice, a focus on continuous review of processes and leading edge people management the latter independently validated by IIP, who recently awarded Intelligent Office gold accreditation. Clients see a marked improvement in support staff morale, client and customer service and financial savings of up to 60%. Read more at www.intelligentofficeuk.com Vialex Vialex is an innovative legal services company providing day to day commercial advice and corporate transactional services combining the quality and standards of a leading law firm with the best features and pricing methodologies of other service delivery models. The business model is designed to provide best advice, and to ensure best value, to clients for their transactional and day to day needs. This is achieved by retaining senior legal advisers in all core practice areas of Banking and Finance, Commercial Contract and Regulatory, Corporate and Intellectual Property (and Employment which is delivered by Navigator, the dedicated employment law and human resource advisory business). Vialex’s legal counsel service provides a fixed price in-house counsel equivalent service to large and medium-sized corporates across the UK. Vialex either augments pre-existing in-house resource (whether on an interim or permanent basis), or is the preferred choice for many who either struggle to identify an in-house lawyer with the right range of skills and experience at an acceptable cost or who are looking for something slightly different to the more reactive, bill by the hour, traditional law firm model. Vialex’s transaction services division not only provides M&A services direct to corporate and institutional clients, but it also offers transaction support services to City firms in respect of areas such as due diligence and disclosure support, ancillary documentation drafting, post-completion matters (including Companies house filings and bibling) all to the very highest standards and at competitive rates. www.vialex.co.uk 11
  • 12. Qualified and Talented Workforce Scottish Workforce Within Scotland’s central belt, the working population is approximately 2.7 million people, as illustrated. The quality of Scotland’s workforce is internationally recognised. The people of Scotland make up one of the Within 30 minute drive time of Glasgow c. 1.5 million Highlands & Islands Working Age Population 240,300 Grampian Working Age Population 263,100 Within 60 minute drive time of Glasgow c. 2 million Perth & Kinross Working Age Population 78,300 Forth Valley Working Age Population 147,200 Angus & Tayside Working Age Population 124,400 best trained, most reliable and cost-competitive labour Dundee forces in the world. With a world-renowned educational Perth system and its ratio of graduates per capita, Scotland surpasses most countries of comparable size in Europe. St. Andrews Dumfries & Galloway Working Age Population 70,900 Stirling M90 Dunfermline Glenrothes Fife Working Age Population 187,000 55 MINUTES Labour market regulations in the UK, including working hours, are the most flexible in Europe, and staffing costs are highly competitive. Scottish salary costs, including indirect social wage costs such as employer national insurance are among the lowest in Europe. With some of the UK’s largest Law firms based out of Scotland, the marketplace benefits from a wide Dunbartonshire Working Age Population 96,800 Inverclyde Working Age Population 39,300 M80 M9 Greenock M8 Cumbernauld Renfrewshire Working Age Population 132,000 Glasgow City Working Age Population 295,400 Livingston M73 Glasgow Paisley M8 in 2010/2011 has led to a reduction in the number of Scottish Borders Working Age Population 55,300 Prestwick Ayr Ayrshire Working Age Population 176,000 graduates entering the market remains steady. This has legal profession to pursue other avenues of employment and means that there is a wealth of available skills here especially with newly qualified candidates and those who have a year or two of experience post qualification presenting plenty of opportunity for companies wishing to enter the LPO sector in Scotland. 12 The Lothians Working Age Population 181,800 M74 Irvine graduates entering legal firms, whilst the amount of resulted in candidates who wish to pursue a career in the Edinburgh City Working Age Population 264,500 East Kilbride Kilmarnock range of skill sets at varying levels of experience. The cost reduction exercises carried out by the law firms Edinburgh Source: ONS Annual Population survey (Oct 2011 - Sept 2012) Lanarkshire Working Age Population 329,600 Within 30 minute drive time of Edinburgh c. 1.4 million Within 60 minute drive time of Edinburgh c. 2.3 million
  • 13. Education in Scotland Scotland is reputed internationally for its education system and high quality Law Graduates and Legal Training university graduates. In Scotland in 2011-2012 there were 281,630 students in higher In Scotland, thirteen of the 17 univerisites offer degree courses in Law which produce education institutions and further education colleges, one of the UK’s highest student over 3,000 law graduates each year. * In addition, Scottish colleges produce over 260 concentrations. qualifiers meaning over 3,300 law graduates enter the Scottish workplace each year. Over 9,000 students studied law in 2011-12 at Scottish higher education institutions and Within the legal sector, Scotland’s education system is respected world wide for its colleges. specialism’s in law. This, coupled with its expertise in shared service centres makes Law Graduates in Scotland 2011/12 Scotland the ideal location for a legal services support operation. Law by area Law by topic Others in law Law total Key Facts The University of Aberdeen 0 495 5 500 • There are 19 Higher Education Institutions in Scotland, including 17 universities University of Abertay Dundee 0 65 0 65 • Scotland also has 37 colleges of further and higher education The University of Dundee 110 115 245 470 • There were a total of 281, 630 students studying higher education courses in Scotland Edinburgh Napier University 0 70 5 75 in 2011-12 The University of Edinburgh 75 600 0 675 70 75 0 145 190 70 15 275 • In 2011-12, over 92,800 students successfully completed higher education courses • Scotland produces over 3,300 law graduates each year • 7 of the top law schools in the UK are in Scotland • In 2011-12 over 46,000 total overseas students studied at Scotland’s higher education • institutions (27,540 of students were domiciled outwith Europe, over 17,500 were The University of Glasgow domiciled within the EU and 1,855 within non EU Europe) • Scotland’s skills profile has been improving faster than the rest of the UK; 18% of working age population now has a degree equivalent qualification or above Students studying for higher education Law Engineering & Technology Maths 46,975 9,230 24,190 3,790 Business & Administration Studies 15 0 15 170 0 250 The University of Stirling 110 15 0 125 The University of Strathclyde 215 200 0 415 0 0 5 5 0 80 0 80 850 1970 275 3095 University of the Highlands and Scotland 19,175 Law 3,355 Engineering & Technology 8,830 Maths 1,095 Computer Science 12,600 Information Technology 4,900 Languages 13,595 Languages 3,200 13 0 80 The Robert Gordon University The University of the West of qualifications 2011-2012 Business & Administration Studies Heriot-Watt University Islands Graduates with higher education qualifications 2011-2012 Glasgow Caledonian University (Sources: Higher Education Statistics Agency (HESA) and Scottish Funding Council (SFC) ) Total Scotland (Source: Higher Education Statistics Agency Limited 2012)
  • 14. Scotland’s Academic Excellence There are a number of universities in Scotland which offer courses in law, some of which are highlighted on the next two pages. SDI has a track record of working with a range of universities and firms to ensure the curricula meet the specific needs of firms operations in Scotland. University of Strathclyde University of Glasgow University of Edinburgh Strathclyde Law School demonstrates The study of law in Glasgow has a long Edinburgh Law School is one of the leading law the very highest standards in both the and illustrious history. Distinguished alumni include schools in the UK. Edinburgh Law School has a quality of its teaching and research expertise. In the last eminent judges, politicians and scholars, as well as many long and distinguished reputation, but also continues to official evaluation of the expertise of all UK universities, others. It is another of Scotland’s leading law schools, with explore the cutting-edge of legal research. The law degree (the Research Assessment Exercise 2008), the majority of just over 1,000 students and over 40 academic staff. from Edinburgh Law School is highly respected, not just in the Law School’s research output was awarded the highest Scotland but worldwide. gradings - 4* ‘world-class’ or 3* ‘internationally The School of Law has received excellent ratings for its excellent’ – placing it seventh best in the UK (out of 67) research in the Research Assessment Exercise 2008 The UK’s 2008 Research Assessment Exercise rated the and top in Scotland. Strathclyde Law School’s academic (RAE) results. Research output has been rated as being law School 1st in Scotland in 2008. The Law School also staff are among the top experts in their fields, whose of international quality in terms of originality, significance has a strong international reputation for high quality research is recognised as being not just nationally but and rigour; 15% of output has been rated as four star. The research. Both undergraduate and taught postgraduate internationally excellent. This high builds on the top (5) teaching programme is very varied at both students are encouraged to attend research seminars rating the Law School was awarded for the quality of its undergraduate and postgraduate level, and has adopted a relating to the specific needs of a firms operations. academic expertise in the previous (2001) official Research number of innovative approaches to teaching. Assessment Exercise. Several Research Centres and Projects are located within The range of LL.B. degree programmes allows students to the Law School, including the Centre for Studies in In its last official evaluation, the Higher Education (SHEFC) study a very wide choice of law subjects, either alone or in Intellectual Property and Technology Law, the Europa Quality Assurance Agency rated Strathclyde Law School’s combination with courses from other disciplines. The Institute, and the Edinburgh Study of Youth Transitions and teaching, learning and assessment as ‘exemplary’ (the university has extensive exchange agreements with Crime. highest rating possible). foreign universities, which enable many students to complete part of their degree abroad. The university offers a variety of taught postgraduate degrees (some in conjunction with other schools within the College) in areas where it has particular strengths. The university also delivers a Diploma in Professional Legal Practice which is designed to prepare students for 14 professional practice.
  • 15. Scotland’s Academic Excellence It combines teaching and research excellence with Each year undergraduate numbers are increased by law offering the professional Diploma qualification, required practical rigour and preparation in projects such as students from the Universities of Grenoble, Lyon, to practice law in Scotland. In 2010, the Edinburgh Centre the award winning Student Law Clinic Clermont-Ferrand, Brussels, Freiburg, Marburg, It has strong international links and a large cohort Regensburg, Aarhus, Helsinki, Maastricht, Strasbourg, established to provide a centre dedicated to the delivery of international students linked to centres such as Reims, Leuven, Seville and Bilbao. In addition to the Law of first-class professional legal education and training for the Centre for Energy, Petroleum , Mineral Law and School’s 800 undergraduates, some 100 students enrol for the emerging lawyer. The main role of Edinburgh CPLS Policy one of the taught LLM programmes, and about 60 for the It draws on local expertise from organisations such as research LLM and the PhD. For over 30 years the Edinburgh Law School has been for Professional Legal Studies (Edinburgh CPLS) was is to deliver this postgraduate professional training and • • • it is accredited by The Law Society of Scotland to deliver the Alliance Trust plc to provide students with Professional Education and Training Stage 1 (PEAT 1) and practical experience and support A further 140 well-qualified students are admitted to the It is part of a University which has the highest Diploma In Professional Legal Practice (DPLP), ensuring a concentration of ‘professional’ disciplines of any truly international atmosphere. also, Trainee CPD required in Professional Education and Training Stage 2 (PEAT 2). • university in Scotland and which is ranked 1st in the UK for the quality of Student Experience. There are about 40 full-time equivalent members of the academic staff who, in addition to carrying out legal University of Dundee The School of Law at the University of Dundee There are strong links between the law School and the research, teach a wide range of law courses, from is one of the top law schools in the United legal professions across the United Kingdom. Leading traditional studies such as Criminal Law and Property Law Kingdom, ranking 1st in Scotland and in the top 10 in the centres of professional activity such as the Centre for to newer ones such as Environmental Law, Intellectual United Kingdom in the Guardian’s 2013 University Guide. Freedom of Information contribute to these links and Property and Alternative Dispute Resolution. The Law The Law School has a number of distinctive Dundee alumni are to be found at the top of each strand of School has a long tradition of legal research and writing characteristics; the legal profession in all UK jurisdictions. and, within its staff, has a substantial number of scholars with international reputations. • It is the only Law School in the UK to offer both English and Scots law qualifying LL.B programmes The Law School has a strong tradition in the field of and the unique dual qualifying LL.B which is The University of Aberdeen has a long research and scholarship. In the most recent Research accredited by both the Law Society of Scotland and tradition of teaching law: it was over five hundred years Assessment Exercise (RAE) published in December 2008, the Solicitors’ Regulatory Authority. • Aberdeen University Law School ago that Bishop William Elphinstone first established a the School had a total of 80% of its submissions It is one of only two Law Schools in the United faculty of law at King’s College. recognised internationally as being of excellence or of Kingdom to have all of its research rated as ‘international’ in the 2008 Research Assessment to be of national standing. In the previous two RAEs the Exercise 15 significance and originality, with the remaining 20% judged School’s research was awarded the highest numerical rating possible of 5.
  • 16. Multilingual Capability Scottish Development International commissioned research on language capability on Scotland through Oxford Intelligence. The key findings are detailed below: Scotland’s Strengths • A pool of 109,000 fluent language speakers. xx 18,000 who speak 2+ languages fluently. • A highly skilled resource – the best in the UK. xx 74% of fluent speakers in Scotland educated to degree level or above. xx Compared with 57% across the UK as a whole. • Available and willing to work with a company that needs language skills. xx Only 19% currently use their languages in their job. xx 65,000 fluent language speakers would be interested in a job where they can use their languages. Number of fluent linguists in selected languages Western European Languages In Summary No.Fluent Speakers French 32,000 German 22,000 Spanish 10,000 Italian 10,000 Dutch 5,000 Greek 2,000 Portuguese 1,000 Eastern European Languages No.Fluent Speakers Polish 9,000 Russian 6,000 Czech/Slovak 2,000 Hungarian 1,000 Asian Languages No.Fluent Speakers Urdu 5,000 Punjabi 4,000 Mandarin 3,000 Cantonese 3,000 Malay 3,000 Bengali 2,000 Japanese 1,000 Gujarat 16 8,000 Hindi 1,000 • Scotland has a significant talent pool of 109,000 fluent language speakers. xx 81% of fluent speakers – 88,000 people – are not currently using their languages at work. xx Yet 60% of all competent linguists would be very interested in a job where they could use these languages. xx Fluent linguists in Scotland tend to be both younger and better educated than those in the rest of the UK as a whole. Hence, inward investors and exporting companies have access to a highly skilled talent pool. • Scotland offers ample resources in the four key Western European business languages – French, German, Italian and Spanish. xx Eastern European and Asian languages are also significantly represented and of growing relevance as these regions develop. Should you require any further information on the above research, we will be happy to help. (Source: Oxford Intelligence)
  • 17. Foreign Nationals There are some 190,000 Foreign Nationals in Scotland, many of them students, and many attracted by the high quality of life, particularly in the culturally exciting and thriving cities of Glasgow and Edinburgh. Language Graduates Scotland produces over 3,200 language graduates each year. This is comprised of a combination of language only qualifications and courses where a language is combined with other subjects. Combining full and part-time study, approximately 13,500 individuals in Scotland are studying for degree level or above qualifications in languages in any given year. Foreign Graduates In 2011-12 qualifications obtained by international students accounted for over 21% (20,325) of all qualifiers. 17 Foreign Students Top Ten Overseas Countries In 2011-12 there were 46,970 overseas domiciled students studying higher education courses in Scotland. 1. China 8,075 These students were domiciled outwith the UK before 2. United States 3,650 participating in Scottish higher education. This number 3. India 2,970 has increased by 1,320 from 2010-11 when there were 4. Republic of Ireland 2,655 45,620. The majority  came from outwith Europe, with 5. Germany 2,325 China (8,075 students), USA (3,650) and India (2,970) being 6. Nigeria 2,105 the most common domicile of overseas students. Of those 7. France (includes Corsica) 1,515 8. Greece 1,295 9. Poland 1,205 10. Malaysia 1,165 students domiciled within Europe (and outwith the UK) before coming to study higher education in Scotland, the most common countries of domicile were the Republic of Ireland (2,655 students), Germany (2,325 students) and France (1,515 students). (Sources: Higher Education Statistics Agency (HESA) and Scottish Funding Council (SFC), 2013.
  • 18. Legal Salary Rates The following salary rates demonstrate salaries in the legal profession across the UK. These are indicative and we will be happy to provide a comprehensive analysis of your needs following our discussions. Indicative Legal Salaries London South West Scotland Min (£) Max (£) Min (£) Max (£) Min (£) Max (£) 1 year’s PQE 68,000 72,000 34,000 44,000 28,000 38,000 2 year’s PQE 74,000 80,000 36,000 51,000 30,000 40,000 3 year’s PQE 84,500 90,000 37,000 58,000 33,000 43,000 4 year’s PQE 90,000 98,000 41,000 63,000 36,000 47,000 5 year’s PQE 95,000 110,000 44,000 70,000 40,000 55,000 * These salaries are based on private practice salaries, Hudson Legal Salary Guide 2013. In addition the salaries for a range of legal support services roles are listed below. • • • • • 18 Trainee Solicitors £15000 -19000 per annum Paralegal - £17000 – 22000 per annum Legal Secretary - £18000 – 25000 per annum Trainee Legal Secretary - £15000 -17000 per annum Research/Administration - £16000 -20000 per annum
  • 19. Shared Service Salary Rates The following tables provides an indication of typical salary IT ROLES rates within a shared service centre operation. If required, Service Desk Analyst £18 - £23k Assistant £17,500 -£20,000 we would be pleased to provide more specific rates, Service Desk Application Support £22 - £28k Officer / Advisor £24,000 - £28,000 should job descriptions be available. Service Desk Application Development £23 - £30k Business Partner £35,000 - £50,000 Service Desk Infrastructure Management £28 - £35k Manager £45,000 - £70,000 Typical Shared Service Centre Salary Rates JOB TITLE Core Java Developer SALARY BOUNDARY £15 - £16.5k (entry/junior level Ledger Professional/Specialist £16 - £19k Credit Control £18 - £22k General Ledger £18 - £23k Fixed Assets £23 - £28k Payroll Specialists (Process only) £16 - £18k Payroll Specialists £18 - £23k Data Input Assistant £12 - £14k Payroll Assistant £14 - £16k Payroll Team Leader £20 - £25k Payroll Process/Department Manager £25 - £45k Ledger Team Leader £25 - £35k (depending on remit and team size) Reporting Analyst £25 - £40k Business Support Analyst £30 - £45k Management Accountant £30 - £45k Reporting Team Leader £35 - £50k Reporting Accountant £35 - £50k Financial Reporting Manager £45 - £60k Director Level £80 - £100k Accounts Payable & Receiveable £18 - £20k Credit Control £18 - £22k Management Accounts £30 - £40k 19 £30-£35k Head of Dept £60,000 + £80,000 + Test Lead £37 - £45k Director J2EE Developer Technical Lead FINANCE ROLES Clerical Level HR ROLES £35 - £45k PROCUREMENT ROLES Net Developer £28 - £35k Buying Analysts Wintel Support Engineer £25 - £30k SECRETARIAL ROLES Windows System Engineer £35 - £44k Secretary Unix Apps C++ Developer £28 - £37k MARKETING ROLES Embedded C Developer £35 - £40k Events Administration Test Automation-QTP Test Engineer £32  -£40k LEGAL SERVICES Network Support Engineer £28 - £35k Paralegal support to litigation Portals and Commerce Developer £32 - £40k Project Manager £40 - £45k Application Packaging Engineer £32 - £37k COBOL-DB2-CICS Developer £25 - £32k Service Desk Analyst £18 - £23k Network Support Engineer £22 - £30k Telecom Support Engineer £22 - £30k ORACLE Developer £30 - £38k SQL Database Administrator £35 - £45k (Source: Search Consultancy January 2013) (Source: Search Consultancy April 2013) £27 - £32k £14 - £22k £17 - £24k £15,000 - £30,000
  • 20. Taxation 2013 Company Taxation In the UK all businesses – both large and small – benefit Since July 2009, the majority of UK-based companies benefit from an exemption from corporation tax for any foreign from very attractive rates of corporation tax on their dividends that they receive. profits. In addition, the UK has the most extensive network of double taxation treaties in the world, aimed to stop If you set up a branch of an overseas company in the UK, the trading profits of the branch’s activities in the UK will be income being taxed twice when it crosses a border. The liable to tax. The rate applied will usually be 26 per cent, but may be reduced in some circumstances. UK also has no exchange controls to prevent profits from being paid overseas and provides generous tax credits to The following table shows that the UK’s main corporate tax rate is competitive, not only in Europe, but also worldwide. companies undertaking research and development. TAX LIABILITY 2013/2014 Tax Misery & Reform Index France 34.4 34 53.5 If your company is resident in the UK it will have to pay Belgium corporation tax on its worldwide profits, adjusted for tax Sweden 26.3 Netherlands 25.5 purposes. Your company will qualify as UK resident if it is incorporated in the UK or if its central management and control are in the UK. Any foreign income on which your company pays tax abroad is still liable to tax in the UK. However, the overseas tax paid can generally be credited against your UK tax bill. Italy 31.4 Rate 30 43 26.5 Japan 20% Marginal relief lower limit 300,000 United Kingdom Marginal relief upper limit 1,500,000 Canada (Ontario) Main rate 23% Source – HM Revenue & Customs 2013 50 28.6 39 28 40 32 Ireland Singapore 17 20 Source: Forbes Magazine 14.5 20 50 11 7.4 10.8 44 12.4 12.8 46.4 12.5 7.7 6 6.7 Emloyee Social Security VAT/Sales Employer Social Security Wealth Tax 8.4 7.6 0.7 16.1 13.8 Corporate Income Personal Income 5 19 7.7 17.1 0.7 16 12.9 12 45.5 0 20 12 42.6 25 20 20 11 13.7 47.5 27.1 Luxembourg Small profits rate 23.8 46.2 Switzerland (Zurich) 6.4 1.8 21 19 10 30.2 42 30 7 31.2 35 41 USA (New York) Profit (£) 18.8 42.3 Portugal 13.1 31.4 52 19.6 15 34.8 61 Spain Germany (Berlin) UK CORPORATION TAX RATES 2013 45 52.1 15 15 13 21.5 7 100 150 200
  • 21. Taxation 2013 VALUE-ADDED TAX (VAT) Personal Taxation TAX RATES - Taxable bands above the basic personal VAT is a charge you will need to make to your customers if: • you supply goods or services in the UK or the Isle of Man, and • your taxable turnover is above the registration threshold, which is currently £77,000. TAX LIABILITY allowance 2013/2014 Once you register for VAT you will be able to claim back any VAT charged to you on business-related goods or services. The VAT you pay your suppliers is known as input tax, while the VAT you charge your customers is known as output tax. TAXABLE TURNOVER Goods and services that are VAT-rated are called taxable supplies. The total value of your taxable supplies is your taxable turnover. You will need to register for VAT if: • at the end of any month your taxable turnover has exceeded £77,000 in the previous 12 months or less, or • at any time you expect the value of your taxable supplies to exceed £77,000 in the next 30 days alone. If you become a resident in the UK you will normally qualify as a resident if you: • spend 183 days or more in the UK in any tax year (the tax year runs from 6 April to 5 April), • intend to stay here at least two years, or • visit the UK for an average of more than 90 days per tax year over a period of four years. Residence applies from the beginning of the fifth year. If you are a resident but not domiciled (broadly defined as permanently resident) in the UK you will only have to pay tax on your overseas income if you bring it in to the UK. The exception is income arising in the Irish Republic, which is taxable regardless of whether you bring it into the UK. If you are not a resident in the UK you will only have to pay UK tax on UK income. VAT RATES TAX ALLOWANCES AND RELIEFS There are three rates of VAT: • 20 per cent – on most goods and services, • 5 per cent – on fuel and power used in the home and by charities, and • Zero per cent – on a range of items, including most food, books, newspapers and young children’s clothing. All UK residents are entitled to the “basic personal 21 Personal Tax Rate have to pay UK tax on all your worldwide income. You will allowance”. This is an amount of income on which you do not have to pay any tax. For the 2013-14 tax year it is £9,440. You may also be able to claim other allowances and reliefs, depending on your circumstances. Amount earned over the basic allowance Basic Rate 20% £0 to £32,010 Higher Rate 40% £32,011 to £150,000 Additional rate 45% over £150,000 Source: HM Revenue & Customs, 2013 For further information on personal tax rates in the UK please see: www.hmrc.gov.uk/rates/it.htm
  • 22. Commercial Property Costs Costs are in £ per sq ft per annum. Location Edinburgh Glasgow Dundee Inverness £25.00 - £28.50 £22.00 - £27.00 £12.00 - £16.00 £12.50 - £14.00 £17.00 - £22.00 £15.00 - £18.50 £10.00 - £12.00 £12.50 - £15.50 £4.50 - £7.00 £4.00 - £5.00 £3.00 - £4.50 £3.60 - £7.20 City Centre (grade A office accommodation) Business Park (grade A office accommodation) Out of Town (good quality industrial buildings) (Source: Ryden - Scottish Property Review and SPN, 2013) All of the above figures are indicative only and are based on headline rents quoted by the marketing agents. Prices will vary depending on, amongst other things, the size of space taken, the terms and conditions of the lease and the covenant of the tenant. 22
  • 23. Transport Infrastructure Transport Infrastructure Road • Scotland offers a modern and comprehensive road network with considerably less traffic densities than other parts of Connectivity - Scotland to London Airports From the UK Flights per Weekday Sat Sun • The main motorway in Scotland, the M8, connects Glasgow and Edinburgh and by passes the city centres ensuring Glasgow 29 14 21 Edinburgh 49 23 35 Aberdeen 16 8 11 less traffic congestion at peak times • Over 400 bus services operate daily throughout Scotland Dundee 3 1 1 Rail Inverness 4 6 5 • Scotland benefits from a fast and frequent InterCity service from all parts of the country TOTAL 101 52 73 • A service between Edinburgh and Glasgow operates every 15 minutes with a journey time of approx 50 minutes • Commuter trains are very frequent in and around major cities allowing easy commuting to work. Most rail routes operate every 15 minutes to the main cities Source: OAG Flight Guide, May 2013 • Glasgow has its own underground train system, providing fast and efficient transport around the city As well as major airlines such as British Airways, low cost Air • Scotland has 6 airports: Glasgow International; Glasgow Prestwick and Edinburgh, which service international destinations, while Dundee, Inverness and Aberdeen, service UK locations. Aberdeen also has services to European destinations • Thirty-five carriers provide flights to 30 destinations throughout the UK, Europe, North America and global destinations • Glasgow International Airport is 8 miles from the city centre • Edinburgh International Airport is 7 miles from the city centre 23 operators such as Easy Jet, bmibaby, Germanwings and Ryanair operate from Scotland. These airlines offer direct flights to other parts of the UK, Europe and worldwide locations.
  • 24. How Scottish Development International can assist your firm This page highlights the potential support available to new and existing inward investors in Scotland. Our executives either in country or at our HQ in Scotland will be delighted to work with you in determining your location needs. Recruitment Support 1. Links to Recruitment Agencies - SDI can provide introduction to relevant recruitment agencies in the Scottish market who have the required expertise and knowledge to support your recruitment process and advise on availability of staff and salary levels. Financial Support 1. Regional Selective Assistance - Regional Selective Assistance (RSA) is a national grant scheme, aimed at encouraging investment and job creation in the areas of Scotland designated for regional aid under European Community (EC) law (the Assisted Areas). Grants are awarded on a contribution of capital expenditure for the project and/or, the number of new jobs created by the project. 2. TalentScotland- TalentScotland is an SDI talent attraction project designed to help employers in Scotland. Services are free and include job advertising, company promotion and access to graduates as well as visa, immigration and relocation advice. Firms can contact TalentScotland to help with company promotion in Scotland with a profile page, feature article and news stories on the TalentScotland website. SDI can advise you on eligibility for RSA assistance and provide an indicative offer on the amount of grant assistance potentially available. Property Support SDI can identify and advise on property options and costs that would be suitable for your requirements. 2. Training Grants - Scotland also offers incentives to inward investors to help fund training and retraining of employees. Assistance is negotiated on a case by case basis and is dependent on the type and nature of the training required. Profile Support SDI can work with you to raise the profile of your firm in Scotland, providing advice on PR and potential media opportunities. In addition, we can introduce you to appropriate Scottish Industry bodies such as The Law Society of Scotland, Scottish Paralegal Association etc that will enable you to integrate fully with the Scottish legal community. 24 Visits to Scotland SDI would be delighted to organise a visit to Scotland for you to assess the potential in more detail. We can work with you to create an itinerary which could include property visits, advice on financial assistance and meetings with key partners such as recruitment agencies and Universities. In addition, visits to firms that have already established operations in Scotland could be arranged. Continued Support Once your firm is established in Scotland, Scottish Development International continues to offer close support. A senior executive will be available to assist you in the settling in process and we will ensure that your company continues to prosper and grow in Scotland, receiving ongoing assistance and advice. More information can be found at: http://www.sdi.co.uk and http://www.scottishdevelopmentinternational.com
  • 25. Scotland’s Competitive Advantage Return on Investment without a reduction in Quality • Critical mass and expertise • Low risk option • Well respected legal sector • Ideal platform to serve a global client base • High quality staff at lower cost which means lower staff turnover and lower operating costs • High quality property at lower cost • One of the lowest tax rates in the European Union • Excellent telecoms infrastructure • Excellent quality of life 25
  • 26. For further information please contact; Cherise Mascarenhas Business Development Manager Scottish Development International British Deputy High Commission Naman Chambers, C-32, G Block Bandra Kurla Complex, Bandra (E) Mumbai 400 051 India T: (+91) 22 66502168 M: (+91) 9769989658 E: cherise.mascarenhas@scotent.co.uk www.sdi.co.uk