Minister of Finance Yuval Steinitz signed a directive on Wednesday enabling foreign lawyers to work in Israel, and enabling collaboration between Israeli and foreign law firms.
The Ministry of Finance says the measure will enable international law firms to do more business with Israelis and Israeli businesses. Attorneys will be subject to a set of ethicaland entry regulations, and will be required to be insured by a deposit or insurance policy.
The new mandate was issued as a result of an Israel Bar Association Law Amendment, which states that the Bar Association my register foreign attorneys and firms operating in Israel if they are licensed by foreign bar associations.
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