Rising prosperity in the BRIC countries (Brazil, Russia, India, China) presents huge opportunities for lawyers
Rising prosperity in the BRIC countries (Brazil, Russia, India, China) presents huge opportunities for lawyers, as English and US law remains the law of choice.
Demand for UK-qualified lawyers “will not dissipate”, according to Ted Burke, chief executive of Freshfields Bruckhaus Deringer, in a podcast with the College of Law.
“English law along with US law, particularly New York law, remains the favourite law of choice for most global transactions and therefore globalisation should be a good thing because that will increase transactional activity,” he said.
“UK qualified lawyers will be able to work on those global transactions in London, because that’s often the centre of negotiations with these deals, but also they can move to various places around the world and practise English law there.”
