WLN tag: #Referrals
How Do Legal Networks Strengthen International Business Transactions? Part 4
Impact on International Trade – Part 1/2 These aspects influence not only individual transactions, but they also have implications as to entire legal systems. When considering how international law supports cross-border transactions and trade activities on a global scale, the mechanism is two-fold. Public international law lays down the foundational legal principles that shape the […]
How Do Legal Networks Strengthen International Business Transactions? Part 5
Impact on International Trade – Part 2/2 When we analyse the concentration of legal practitioners across regions globally, we notice that the pattern is driven inter alia by client demand from rapidly growing economies. When engaged with a legal network, law firms are able to offer services in these markets beyond cursory knowledge of their […]
How Do Legal Networks Strengthen International Business Transactions? Part 3
Impact on Practice Law firms engaged in international networks develop modalities of functioning that transcend their jurisdictional limitations. By way of professional relations across cultures and differences in statutory systems, they bypass the logistical difficulties of acclimatizing to a new environment. These conserved resources allow law firms to focus on forging fluent processes better suited […]
How Do Legal Networks Strengthen International Business Transactions? Part 2
Purpose and Functioning International legal networks serve two purposes from the perspective of law firms themselves. The first being, synergizing with firms in separate jurisdictions of similar orientation in terms of size and area of practice. This gives them the flexibility to involve firms within their network in matters that may be in their target […]
How Do Legal Networks Strengthen International Business Transactions?
Introduction and History Legal networks have progressed to becoming dynamic organisations that provide benefits extending beyond the interests of those holding their membership. In time across their history, they have expanded from being relatively informal associations to structured and nuanced platforms for the expansion of shared resources. There are today hundreds of legal networks across […]