Green Lane recognized in FT 2016 Innovative Lawyer Awards
Green Lane, a cooperation of independent European law firms specialized in customs and international trade law which Kneppelhout co-founded, has been honored in The Financial Times’s prestigious European Innovative Lawyer Awards for being a first-of-its-kind one-stop-shop solution for trade law services. In the October 5th, 2016-report, Green Lane is mentioned in the “Innovation in New Models” category as a new and flexible business model to meet the changing demands of clients.
Last year, Green Lane was created as a network of European customs and trade law firms that aligned to assist clients in navigating the complex web of customs and international trade laws regulated centrally by the EU, but implemented by authorities of the 28 EU member states.
"Piecing together a team of outside counsel who are deeply knowledgeable about trade laws across the EU is a daunting task for global companies", said Yves Melin, Partner at McGuireWoods, one of the Green Lane founding firms. "Green Lane provides seamless service to help clients prevent unforeseen costs and overcome regulatory hurdles that can delay shipment of products to customers".
Named after the "nothing to declare" line at customs facilities, Green Lane provides legal services in four key areas:
- excise duties & regulations
- trade remedies (anti-dumping and countervailing duties, and safeguards)
- export controls and sanctions
The network also helps clients establish in-house compliance programs and policies.
The Lawyer also recently recognized Green Lane among the most innovative legal products for 2016.
The Financial Times and its research partner, RSG Consulting, received more than 600 submissions from nearly 140 law firms and legal service providers and 115 in-house legal teams. The 2016 FT Innovative Lawyers awards and rankings are based on research and feedback from 605 interviews with clients, lawyers and experts.