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 existence and better support the integrity of business practices being carried out in these regions. Improved efficiency in the provision of legal services due to consonant efforts of firms allows them to access these markets for their own expansion as well as improving the flow of commerce where they extend their practice to.
To conclude, what may be inferred from these considerations is that global systems of business activity are anchored by equally global institutions. Cross-border transactions demand competitive legal teams to ensure smooth execution of their interests and enhancing the prevalence of legal networks has the potential to exponentiate the qualitative growth of international commerce for both legal practitioners and their clients alike.
At WLN, we help facilitate cross-border business between member firms through our frequent, high-quality networking events and easy referral scheme. Want to find out more? Contact Hannah Mason at moc.lagelkciwraw@reganam.
For further information, please contact:
Gautam Khurana, Managing Partner
India Law Offices, New Delhi
e: moc.seciffowalaidni@anaruhk.g
t: +91 11 24622216
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