Proskauer Rose International Practice Group Forecasts 2008 Trends And Developments

Profession:Proskauer Rose LLP
 
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Firm Outlines Top Issues in Litigation, Regulation, and Business Law Facing Businesses Operating Globally

January 7, 2008 (New York, NY) - The International Practice Group of Proskauer Rose LLP, an international law firm with more than 750 lawyers worldwide, has released its "2008 Trends and Developments in International Legal Practice". The Report forecasts and analyzes the most significant legal issues currently facing businesses operating globally, focuses on the practical implications of these trends, and discusses best practices for dealing with them over the coming year. The Trends Report follows the highly successful launch of "Proskauer on International Litigation and Arbitration: Managing, Resolving, and Avoiding Cross-Border Business and Regulatory Disputes," the firm's e-Guide on international litigation, proceedings, and practice.

"The accelerating pace and increasing complexity in each of the three major areas of our focus - international litigation and its alternatives, regulatory and investigative proceedings, and transactional and corporate practice - demand constant vigilance by clients and other companies in the international sphere", said Louis M. Solomon, Co-Chair of Proskauer's Litigation Department and Editor-in-Chief of the Proskauer e-Guide. "We track these trends and developments and will continue to offer our observations to our clients and interested practitioners so that businesses can prepare themselves and adapt."

How to deal with these and other important trends will be addressed in forthcoming updates to the Proskauer e-Guide, as well as by Proskauer's International Practice Group at its Major Trends Conference 2008, being held in Paris in Spring 2008.

Among the most significant trends identified by Proskauer's International Practice Group are:

Increased litigation of international controversies in the United States. In the last five years, there has been an increase in attempts by parties operating in international commerce to gain access to US courts to resolve disputes. Despite some noteworthy developments to the contrary, the IPG forecasts that this trend will continue, particularly in relation to forum-related issues such as personal and subject matter jurisdiction, venue, and choice of law. The Trends Report concludes that it is imperative that companies operating internationally consider the complex challenges and opportunities of simultaneously managing litigation in the US and elsewhere, including issues of privilege,...

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