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Business Activities Legal Services
International legal services concern the international or transnational trade in legal services. Legal services generally refer to advisory, research or representation services provided by a qualified lawyer or a law firm. Defined broadly, the term includes arbitration and conciliation services, and legal education.
Legal business services underpin international trade and investment. Together with other business services like accountancy, management consultancy and computer and information technology services they are increasingly critical to the growth of trade and investment across borders.
Legal Services enable and facilitate business activity by defining rights and the responsibilities and processes for dispute resolution where commercial conflicts arise. Increasingly, legal services involve professionals skilled in the business services of several countries or jurisdictions involved in an investment, trade or transaction, not just one country or jurisdiction.
Removal of unnecessary regulatory barriers to legal and other business services ...
... provides benefits to countries through increased efficiencies and economic growth. Users of legal business services benefit from a greater choice of suppliers, the availability of integrated business services and the introduction of new technologies in the development and supply of such services.
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