Membership Criteria
One of the reasons that MSI has grown to become one
of the largest and most respected international associations of
independent professional firms is its meticulous selection and due
diligence process.
An international professional services network or association is
only as strong as the weakest link in its chain.
MSI's pre-membership due diligence process aims to ensure that
there are no weaknesses across the group and that standards are
universally high.
Our due diligence process consists of:
Existing
member recommendations
Peer review
reports
A detailed
application form
In-depth
interviews with the firm's partners
An on-site
inspection visit.
Although MSI has long-term plans to appoint a law and accounting
firm in every key commercial centre, membership is carefully
controlled to ensure association growth is sustainable. Candidate
firms are carefully screened to ensure they meet criteria related
to size, breadth of services and local reputation, and that they
also share MSI's core values.
Candidate firms are required to meet the following specific
criteria:
- Full service capability
- Mid sized in their local jurisdiction based on number of
partners and fee income
- Independently owned and managed
- A broadly based commercial practice
- The ability to work in English
- An English language website detailing the firm's services
- Strong domestic focus combined with significant expertise in
cross border business
- An entrepreneurial approach
- A diverse and growing client base
- Competitive charge out rates
- Focus on serving a specific geographic area where MSI does not
currently have a representative member to prevent competitive
conflicts
- An appropriate level of liability insurance for their
jurisdiction
- Conveniently located offices for international business.
The following checks also ensure that candidate firms can meet
the expected service standards as outlined in MSI's Code of
Conduct.
Firms must demonstrate commitment to:
- The highest standards of integrity, ethics, transparency, and
professionalism
- High quality advice and excellent work product
- Providing responsive, flexible and better value services
- Ensuring substantial partner involvement and oversight in
client matters
- The continuing professional education of staff
- Participation by senior and managing partners in association
initiatives aimed at fostering the development and reinforcement of
personal relationships.
Periodic reviews ensure that member firms continue to meet these
exacting membership requirements, thereby ensuring only high
quality firms are able tobecome, and just as importantly, remain
MSI members.
MSI's commitment to appointing only one member firm in each city,
state or country ensures loyalty and commitment from its members
and a sense of pride in their status.
Apply now
To find out more about how your firm can benefit from potential MSI
affiliation, please complete our initial membership enquiry form or contact
James
Mendelssohn, MSI's Chief Executive.