The MI Proposal

Morison International

Global Association of leading professional services firms (accounting, auditing, tax and business consulting)

“Association of the Year” 2012 “Rising Star Association” 2012 90 Individual Member Firms 65 Countries and 239 Offices 779 Partners and 8,503 Professional Staff

Morison International

Total Revenues 2011 US $711.8m

Some In-house legal capability

Member Firms

England MacIntyre HudsonScotland Henderson LoggieFrance AplitecGermany 8 Firms !Holland Hoek en BlokSpain Morison ACPMSwitzerland 4 Firms

Member Firms

Slovenia None Portugal None Belgium Van Havermaet Groenveghe Northern Ireland None Italy 2 Firms Hong Kong Morison Heng Bulgaria None Cyprus Morison Patsalides

MI InterAct Limited

What is Proposal?

What is the Process?

Structure

English Company Limited by Guarantee

Articles of Association (By-Laws)

Terms and Conditions

Main PointsBy- Laws

MembersDirectorsOne Member One VoteMuch More FormalityMembers Can Expel on 75% Vote12 Months’ Notice to Leave

Main PointsTerms and Conditions

Each State has Only One MemberNo Other Membership of Accounting

Associations (except at joining)May be Member of Other Law Firm

Associations“Prompt and Efficient”Try To refer Work to MembersFees Payable in Sterling

Main PointsAlliance Agreement

Two MI Representatives on Our Board

One Representative on MI Board

Try to Refer Work to MI and Vice Versa

But MI Members Can Join Other Law Firm Associations

Why Do It?

Attracting New MembersPossibilities of Cross-Border ReferralsPossibilities for Domestic ReferralsNatural Development ProcessLose the Purely European Focus

Why Not?

Impact on Other Relationships

Cost and Time Commitment

What We Now Ask of You…

Comment Honestly, Frankly and FullyVote to Wind-Up EEIGIndicate if you Wish to Join MI InterAct

LimitedCome to the MI Meeting Tomorrow Make Early Contact with your Country

Accounting Firm

Its Lunchtime….

Thank You !