Something about this makes me want to say, “Duh-uh.” A survey conducted by the International Bar Association and sponsored by LexisNexis concluded that 8 of 10 U.S. lawyers believe the legal profession would benefit from the convergence of laws across international borders. The survey of 700 IBA members in eight countries found that the areas of law most appropriate for globalization are money transmission and money laundering, followed by trade and investment, environmental protection, and terrorism and security. The survey’s sponsors say it is the first comprehensive international study of issues facing the legal profession.
Read about the 2003 LexisNexis-IBA Global Survey here or download the complete text in PDF format here.