International expansion may bring huge opportunities for a law firm, but it also brings risk. Sandra Neilson-Moore assesses the professional liability hazards of expanding a network overseas
In today’s hectic world, constantly growing one’s business is often an important and necessary evil. In a globalised economy, this perceived need for continual growth will, for major commercial law firms, often involve international expansion. As members of the executive and administrative teams of any business know, growth of any kind demands considerable management skill and attention. Growth into foreign jurisdictions can be especially daunting, expensive and fraught with the risk of ‘getting it wrong’.
