We are highly experienced in, among others, M&A, company law, banking and finance, dispute resolution, public procurement and other relations to the public sector, construction, real estate, employment, life sciences, and technology. Magnusson Denmark and its lawyers are on a regular basis recommended by independent benchmarking publications, such as Chambers Global and The Legal 500 EMEA.
Magnusson’s bank for client accounts is Spar Nord A/S.
In case of a bankruptcy, the depositors will be covered under the Deposit Guarantee Scheme for depositors and investors. The guarantee amount covers an eligible depositor’s funds up to an amount equivalent to 100,000 euros (about DKK 750,000). The maximum coverage applies to the total deposits with the bank, even if the money is in various accounts, including both client bank accounts and the client’s own accounts.
Special rules apply to deposits regarding real estate if the real estate has been used for or intended for mainly non-commercial purposes, amounts up to DKK 10 million are covered up to 12 months after the amount was deposited and whether the deposit is in a separate account. Details of the guarantee scheme can be found at the homepage for Finansiel Stabilitet www.fs.dk
All lawyers at Magnusson are admitted to practice law by the Danish Ministry of Justice and are registered with and members of the Danish Bar and Law Society.
All laywers at Magnusson are covered by professional liability insurance and has provided a guarantee in accordance with the rules of the Danish Bar and Law Society. Our liability insurance covers our advice provided within Europe. Magnusson has taken out supplementary liability insurance together with other law firms operating under the Magnusson brand.
Magnusson’s liability insurance and guarantee have been underwritten by:
CNA Insurance Company (Europe) S.A.
Hammerensgade 6, 1. sal
1267 København K
We limit our liability to the lower of (i) the sum provided by our professional indemnity insurance and (ii) the double of the sum of our legal fees on a particular matter.
Magnusson does not use clauses on applicable law and / or jurisdiction unless this is agreed with the client. Reference is however made to our standard terms and conditions (Magnusson Copenhagen – General Terms and Conditions, PDF) that provides for dispute resolution through arbitration in Copenhagen.
The lawyers at Magnusson are covered by the Law Society’s supervisory and disciplinary system and by the rules of good practice, cf. section 126 of the Administration of Justice Act. In addition, the compliance with the code of legal ethics applies. The rules that in particular apply to the practice of the law profession can be found on the Law Society’s website www.advokatsamfundet.dk.
Complaints about fees, services or behavior of a Magnusson lawyer may be filed with the Disciplinary Board (Advokatnævnet) of the Danish Bar and Law Society at Kronprinsessegade 28, 1306 Copenhagen K, Denmark. Telephone: +45 3396 9798 and e-mail: email@example.com. The website of Disciplinary Board (Advokatnævnet) is www.advokatnaevnet.dk.
Magnusson Copenhagen – General Terms and Conditions – version January 2020 (PDF)
Magnusson København – GDPR politik