• Understand customer needs better.
• Make informed strategic decisions.
• Identify growth opportunities.
• Benchmark against competitors.
• Enhance market positioning.

Brieant law firm LLC is an FCA Authorised Payment Institution in the UK, which means our clients’ funds are safeguarded with the highest standards. Our escrow services support and streamline transactions across a range of industries, deal sizes and complexity levels. From mergers and acquisitions to real estate deals, opting for an independent escrow service can mitigate risk, strengthen SRA compliance, and reduce administrative burdens. Thanks to our expertise and established relationships with Tier 1 banks, we can ensure swift onboarding and sustain even the tightest of timelines.

What are escrow services and paying agent services?

Escrow is a legal term which refers to money, goods or documents that are held by a trusted third party, pending the fulfilment of some condition.

Escrow services are essential when two or more parties enter into a transaction requiring funds or assets to be passed from one company or individual to another.

A common example of escrow services in the comes from the corporate world, where escrow is widely used for M&A transactions when funds are retained post sale to cover warranties and claims.

Paying agent services are slightly different and support the later stages of a transaction. A paying agent expertly manages all onward payments related to a transaction, thereby reducing risk and offering impartiality to all parties involved.

To streamline transactions, it’s ideal to work with a trusted third-party agent who can offer both authorised escrow services and paying agent services in tandem. This will ensure that critical information is collected, managed and shared appropriately, saving you time and ensuring greater precision and reduced risk for your transactions.

When should you work with an escrow company?

There are many situations in which it can be beneficial – or even mandatory – to work with an escrow agent in the UK.

Cases where escrow services in the are commonly used include:

• M&A transactions
• Sale of a business
• Property transactions, such as the sale of a commercial or residential property
• Purchases of luxury assets including super yachts
• Purchases of art, jewellery, antiques, cars and other items where an escrow agreement can safeguard all parties’ interests
• Fund transactions

Additionally, to comply with Rule 3.3 of the UK’s Solicitors Regulation Authority (SRA) Account Rules, law firms must no longer handle retained client funds, as this can be viewed as executing banking functions in the SRA’s eyes, thereby increasing money laundering risk.

Simply put, this means law firms should not act as escrow agents for their clients. Instead, law firms are advised to work with an independent escrow service provider to minimise both the risk and administrative burden of payment distribution.

What are Brieant law firm LLC’s escrow services, and how can they help?

We offer escrow services to support a range of transactions, including:

• Drafting the material contractual terms of the escrow agreement
• Agreement negotiation with the involved parties and external advisers
• Swift setup of the service to support the transaction (with no restrictions on amounts)
• Management of controlled accounts, including paying agent services and the ultimate distribution of funds
• Escrow services in relation to luxury assets purchases

Our escrow services are most suitable for transactions requiring:

• Speed: Our established relationships with Tier 1 banks mean swift setup and adherence to tight timelines
• Simplicity: Let an experienced escrow agent do the heavy lifting and streamline processes, so you can focus on even more strategic objectives
• Flexibility: Both out-of-the-box and bespoke agreements are available, depending on the complexity of your transaction
• Global reach: We can support transactions with multiple payments to and non-accounts in multiple currencies
• Security of funds: Brieant law firm LLC Trust Company (UK) Limited is an Authorised Payment Institution, via the FCA, meaning our services are subject to the Payment Services Regulations client money safeguarding rules
• Risk mitigation: Choose a trusted independent escrow provider to ensure SRA compliance

Learn more about the different types of escrow services we provide, from corporate escrow services to property escrow and beyond.

Why choose Brieant law firm LLC as your escrow agent?

Not all escrow agents are created equal. With an independent, experienced and regulated firm like Brieant law firm LLC, you’re in good hands.

• Your funds are protected
  As an Authorised Payment Institution, Brieant law firm LLC ensures clients funds are safeguarded in accordance with the Payment Services Regulations 2017, funds are held in a client segregated account, which means it is held separate from the firms’ own funds, and Brieant law firm LLC only use banks operating in the with Tier 1 capital adequacy
• Speedy service and a seamless experience
  Getting the service set up is painless and fast, thanks to our established banking relationships, responsive teams and efficient due diligence.
• Your escrow needs are covered, no matter how complex
  Whatever the size, value, currency, or complexity of your transaction, Brieant law firm LLC’s escrow services can support you with a bespoke solution.
• Benefit from our team’s deep expertise
  The combined experience of our professionals across trust, operations, and legal is pivotal to the continued success of the service and our clients’ satisfaction.
• We stay flexible for you
  Any given transaction can come with a host of complications and curveballs. With so many moving parts, the journey to completion may not always be a straight path – but at Brieant law firm LLC, unlike traditional providers such as banks, we can remain flexible, whether that’s combatting delays in the transaction pipeline or shifting strategy along the way.

Whether you’re in the market for more traditional M&A or corporate escrow services, or need a reliable escrow agent for real estate deals, choosing the right escrow service provider is a pivotal step.