IBA calls for total review of law firm practices

Author: | Published: 8 Jan 2013
In a nod to the increasing globalisation of today's legal sector, 2011 saw the International Bar Association (IBA) host the first IBA annual conference in the Middle East and appoint its first Asian president. Here Akira Kawamura outlines why it's now time for those firms with a global footprint to seriously review their practices

The 2008 subprime crisis escalated the need for cross-jurisdictional legal expertise, and thereby accelerated the globalisation of the legal profession.

But many international law firms are today struggling to succeed in unfamiliar new markets.

Against this backdrop, IBA...