Transnational Legal Practice (International)

47 International Lawyer 485 (2013)

Penn State Law Research Paper No. 49-2013

15 Pages Posted: 19 Sep 2013 Last revised: 4 Dec 2013

See all articles by Laurel S. Terry

Laurel S. Terry

Pennsylvania State University, Dickinson Law

Abstract

This article covers three years of Transnational Legal Practice developments outside of the US. (It is the companion piece to 47 Int'l Law. 499 (2013) which discusses US developments.) This article discusses the approval of an Alternative Business Structure licensing system by the UK Solicitors Regulation Authority and its subsequent issuance of ABS licenses. The second section reviews the emergence of the “Troika” as a new regulatory influence in Europe, citing as an example the joint ABA-CCBE letter to the IMF. (The Troika refers to the International Monetary Fund, the European Central Bank, and the European Commission.) The third section of the article reviews global developments that involve liberalization or contraction in market access for foreign lawyers, highlighting developments in Singapore, Korea, Malaysia, Brazil and India. The next section provides information about the Asia Pacific Economic Cooperation (APEC) Legal Services Inventory, which is a new web-based resource. It also discusses the September 2012 first-ever International Conference of Legal Regulators. The final section of the article highlights selected transnational legal practice developments around the globe, including developments in Australia, Canada, the UK, and the EU, including developments related the application of anti-money laundering rules to the legal profession.

Keywords: legal services, legal profession, ABS, money laundering, Troika, SRA, Korea, India, Brazil, Canada, Australia, APEC, International Conference of Legal Regulators

Suggested Citation

Terry, Laurel S., Transnational Legal Practice (International). 47 International Lawyer 485 (2013), Penn State Law Research Paper No. 49-2013, Available at SSRN: https://ssrn.com/abstract=2322547

Laurel S. Terry (Contact Author)

Pennsylvania State University, Dickinson Law ( email )

Lewis Katz Hall
150 S. College St.
Carlisle, PA 17013
United States

HOME PAGE: http://https://dickinsonlaw.psu.edu/laurel-s-terry

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