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Law firms as a business- Doubt
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<blockquote data-quote="Jessica Booker" data-source="post: 86645" data-attributes="member: 2672"><p>The reality is you probably won’t be playing much with laws - you will just be advising on the laws you are qualified in. You will be relying on lawyers in other jurisdictions to advise on their local laws.</p><p></p><p>English law is used a lot as a jurisdiction in which deals/matters are written - hence why there are a lot of firms working from London. And that’s why many people want to qualify into England and Wales.</p><p></p><p>If the company that is being IPO’d has any operations or assets in the UAE, There is likely to still need to be some work done by lawyers in Dubai, even if the IPO is conducted in London under English law.</p><p></p><p>The reason multi jurisdictional work exists is because multi jurisdictional companies exist. You’d likely to be under some form of local law if you have operations or assets in countries, even if you want to conduct the main “transaction” or “matter” in London.</p></blockquote><p></p>
[QUOTE="Jessica Booker, post: 86645, member: 2672"] The reality is you probably won’t be playing much with laws - you will just be advising on the laws you are qualified in. You will be relying on lawyers in other jurisdictions to advise on their local laws. English law is used a lot as a jurisdiction in which deals/matters are written - hence why there are a lot of firms working from London. And that’s why many people want to qualify into England and Wales. If the company that is being IPO’d has any operations or assets in the UAE, There is likely to still need to be some work done by lawyers in Dubai, even if the IPO is conducted in London under English law. The reason multi jurisdictional work exists is because multi jurisdictional companies exist. You’d likely to be under some form of local law if you have operations or assets in countries, even if you want to conduct the main “transaction” or “matter” in London. [/QUOTE]
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