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
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...