By Mary MullallySurvey of corporate counsel reveals increasing dominance of US and UK law, but companies still wary of emerging global advisers
July 23, 2002 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
Common law is stealing a march in continental Europe with new research showing more than one-third of European corporate counsel now favour English or US law for multi-jurisdictional transactions.
But European corporate counsel are still resistant to using a single global firm, with fewer than one-fifth preferring to use a one-stop shop firm for cross-border work.
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