As we have indicated in numerous posts over the last year, foreign language document reviews have dominated the U.S. contract attorney market due to the continuing increase in FCPA cases. It has provided a stream of work from firms such as Arnold & Porter, Baker & McKenzie, Kirkland & Ellis, Morgan Lewis, Sidley Austin, etc. which have strong FCPA practices.
Note: we try to cover the FCPA “marketplace” best we can (see all our FCPA posts on this page) but we rely on two of the most influential and cited FCPA blogs: Tom Fox (our “Mr FCPA Nuts & Bolts”) and his blog FCPA Compliance and Ethics plus Richard Cassin, FCPA guru and author of The FCPA Blog. Incidentally, both blogs were cited as the “go to blogs” for FCPA coverage at last year’s BizNow FCPA event with the DOJ and SEC.
But four other factors have fuelled demand for attorney reviewers fluent in languages other than English.: (1) an uptick in cross-border IP litigation, (2) an uptick in banking/financial crisis cases that involve numerous foreign banks and financial entities, (3) the move by other countries to enforce laws similar to the FCPA, and (4) an uptick in cross-border M&A activity.
And this has also led to a surge of in-country litigation and compliance reviews in Europe. Our sister company Project Counsel has 6+ reviews underway in Europe covering internal compliance reviews, IP litigation and M&A due diligence.
A closer look at this surge in foreign language document review projects in the U.S.....
Please see full article below for more information.
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