International trade is structured by any number of policies, trade agreements and contracts, and each of these depends on legal procedures to be upheld and defended. Simple transactions such as a contract for the sale of goods can be complicated by differing legal systems in the countries involved. The issues are even more complex when dealing with international capital investments, especially if they involve technology transfer or intellectual property.
Today, virtually every law firm of substantial size is involved in the global context. Many domestic clients have expanded overseas, and law firms have followed, advising on legal aspects of acquisitions, joint ventures, global securities offerings, international dispute resolutions, and interfacing with foreign lawyers on local issues. International law is a field with a very bright outlook and great potential for the future.