The Future of Law Newsletter

Introduction

Dear Colleagues and Friends,

Welcome to the first edition of our LinkedIn Newsletter!

Through this newsletter, we hope to improve our communication as a firm in 2023 and beyond. The newsletter will provide an opportunity for us to share updates on the legal services we provide to clients, developments in Kazakhstan and the Central Asian region, and articles and blog posts from our global network of lawyers. We hope that this newsletter will help bring us closer to our business and legal communities in the year ahead.?

Wishing everyone a happy and successful 2023.

General News, Updates, and Opportunities:

Support for small and medium businesses from President Tokayev

In a recent speech, President Tokayev highlighted the importance of developing small and medium-sized businesses and the need to remove unnecessary barriers. The President also addressed some of the complaints of local enterprises regarding the export of raw materials by large businesses.

To read more, click here.

ChatGPT - a massive leap forward overnight?

ChatGPT is a freely available AI that can read and write in almost every language, understand and write code! What does this mean for our careers? Is this the future, or is it just a gimmick?

To read more, click here.

Team News and Updates:

Welcome to Seven Pillars Law!

We are pleased to welcome Makhsat Bereketov to the Seven Pillars Law team as Regional Head of Central Asia. Makhsat brings a wealth of experience, including 13 years in the Ministry of Justice, working with the Supreme Court of Kazakhstan and the Ministry of Defence. He is a valuable addition to our team, and we look forward to his contributions as he helps to maintain our reputation as a respected law firm in the AIFC. Makhsat is excited to join our team and is eager to learn how he can support the company.

Makhsat on joining Seven Pillars: “the firm has a welcoming company culture and its predisposition towards technology as well as doing business worldwide. 7Pillars Ltd. is one of the respectful law firms in the AIFC, and as the Regional Head, I plan to keep this bar high and take it to an even higher level by applying all my experience and skills. I am happy to share more about my role here, and I want to learn how I can best support the company!”

Working with the Seven Pillars Team

Seven Pillars is a company that offers a range of business services, including company formation, to clients in the Central Asian region and beyond. The company is currently in the final stages of the licensing process with two clients and exploring opportunities for a third client, which may include the potential for acquiring an existing licensed entity within the Astana International Financial Centre (AIFC). Seven Pillars is headquartered in the AIFC but has offices around the world and can provide assistance to clients in various sectors. The company's services include helping clients with international expansion, investment rounds for start-ups with international investors, and the registration of intellectual property rights.

What are we getting up to?

Our team recently had the opportunity to visit the House of Lords twice in the past month. Co-founder Mark Beer and Matthew Farmer attended a lunch hosted by the Lunch Circle, while the British-Kazakh Society Law Group, which is chaired by Mark, held its end-of-year Christmas drinks party at the House of Lords. These events provided excellent opportunities for our team members to meet and discuss exciting developments in the region of Central Asia with interesting individuals from around the world.