Jessica Booker
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- Aug 1, 2019
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I won't be an expert on this (I am the least commercially aware person on this forum!) but I would assume it could impact the firm and its clients. It will really depend on what the difficulty is. Sometimes it might be more difficult to operate as a law firm in that country (e.g. changes to legal systems via politics) but in other ways, it might be that the political aspects are impacting the economy more broadly on either a micro or macro level, and therefore impacting clients ability to operate in that country/region. As a law firm is also a business, the same could apply to them too.This is a silly question but... when answering 'what difficulty may arise when operating in country X' and discussing political difficulties: what is the reasoning? Is it that general political difficulties may affect clients, re taxation or changes to laws, or the firm itself? My head has gone totally blank!
I think going into the specifics of what the political difficulties are and the implications for either the legal system, economy or markets will help you identify who it could be impacting most.