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Aspiring Lawyers - Interviews & Vacation Schemes
Commercial Awareness Discussion
The impact of tariffs on business and law firms
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<blockquote data-quote="Jaysen" data-source="post: 305" data-attributes="member: 1"><p>No problem, you ask good questions.</p><ol> <li data-xf-list-type="ol">Long-term purchase agreements will probably be banking. If it's more complex or there are hedging agreements then it's more likely to be structured finance or derivatives.</li> <li data-xf-list-type="ol">Agreed.</li> <li data-xf-list-type="ol">You can argue both sides here. If we're just focusing on tariffs I'd agree that it's unlikely to affect projects in emerging markets. If anything investors may be more likely to finance deals in the East if they're concerned about the impact over here - although that link may be a little tenuous.</li> <li data-xf-list-type="ol">It affects the firm through the impact on clients, you can discuss how law firms need to be up to date with developments or consider new contractual terms when negotiating agreements on behalf of their clients. Some issues don't lend themselves to a 'direct impact' compared to say the GDPR, but if you discuss the impact on law firms this way then that's enough. </li> </ol></blockquote><p></p>
[QUOTE="Jaysen, post: 305, member: 1"] No problem, you ask good questions. [LIST=1] [*]Long-term purchase agreements will probably be banking. If it's more complex or there are hedging agreements then it's more likely to be structured finance or derivatives. [*]Agreed. [*]You can argue both sides here. If we're just focusing on tariffs I'd agree that it's unlikely to affect projects in emerging markets. If anything investors may be more likely to finance deals in the East if they're concerned about the impact over here - although that link may be a little tenuous. [*]It affects the firm through the impact on clients, you can discuss how law firms need to be up to date with developments or consider new contractual terms when negotiating agreements on behalf of their clients. Some issues don't lend themselves to a 'direct impact' compared to say the GDPR, but if you discuss the impact on law firms this way then that's enough. [/LIST] [/QUOTE]
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Aspiring Lawyers - Interviews & Vacation Schemes
Commercial Awareness Discussion
The impact of tariffs on business and law firms
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