The practice of law has truly become international. A real-estate lawyer in Florida may be asked to advise a Chinese investor regarding potential investment opportunities in South Florida. Lawyers in Chicago may be retained to negotiate the acquisition of a privately held company in Bogota, Colombia. Counsel in Iowa may be asked by their clients to review a series of forum selection clauses in their international distribution agreements and advise as to the merits of arbitrating potential disputes before the London Court of International Arbitration or through the Stockholm Chamber of Commerce. The international marketplace is no longer the domain of large-cap companies. Today, even the smallest business owner may find him or herself involved in complex negotiations with potential partners, investors, and customers around the world. To stay competitive, U.S. law firms, large and small alike, must be prepared to “go global.”
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