NOVI Attorneys is a cooperation between independent law firms.
Each of Mikkel Baaring Lerche and Morten Lau Smith is covered by individual professional indemnity insurance policies with HDI Gerling.
Each of Mikkel Baaring Lerche and Morten Lau Smith has a client account with Danske Bank. Neither Mikkel Baaring Lerche nor Morten Lau Smith has any liability for client funds deposited in the event that the bank becomes distressed. In such event funds deposited on client accounts are subject to the Danish act on deposit guarantees and are thus subject to a general limitation of EUR 100,000 (app. DKK 750,000) covering all accounts held by the client with the bank in question, including funds in client accounts and in the client’s own accounts.
We are subject to the Danish Bar and Law Society’s supervisory and disciplinary system and to the lawyers’ rules of professional conduct (see section 126 of the Danish Administration of Justice Act).
We are authorised by the Danish Ministry of Justice and are members of the Danish Bar and Law Society, and the legal address is Toldbodgade 89, 1253 Copenhagen.