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Managing an increasing workload across international jurisdictions? Read below to understand how technology can help you create efficiencies and get to trusted, reliable answers faster.
Macro influences, such as Brexit and globalisation of supply chains have galvanised companies exploring new markets and expanding their cross-border business activities.
As a consequence, in-house counsel and private-practice lawyers are becoming further tasked with high volumes of legal work which is cross-border or international in nature and managing the related risks.
"Markets are constantly shifting and our focus is shifting increasingly away from the traditional markets of Western Europe and the US to emerging markets, […] Asia-Pacific and South America in particular. With those, […] shifts come political and legal changes and risks that we needed to work through." LexisNexis customer.
Increasing levels of legislation, regulation, and litigation globally, all create additional complexity which must be navigated.
This inevitably makes conducting business globally – and providing advice to a global business – a significant challenge for any lawyer. Depending on the remit or the individual, the main sticking points might include the following:
Cross-border assignments are complex in nature and considered by some to be fraught with risk. Legal frameworks differ wildly from territory to territory and it can be vastly time consuming to gather the necessary information to provide the right advice.
Finding reliable sources of information when working and making decisions on cross-border assignments and de-risking international work.
As part of Lexis®PSL, which provides in-depth legal guidance, practice notes, checklists, timelines and smart precedents, LexisNexi
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Amy leads the content marketing strategy for LexisNexis UK, writing thought leadership and product content for marketing campaigns, insight reports and legal industry magazines. She is an established writer and researcher, having contributed in national publications, such as City A.M. and Financial IT. She is also one of the writers and digital editors of LexisNexis' insights blogs, the Future of Law and the In-house blog.
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