Survey: global companies prefer British legal services over US firms
A new survey suggests that global companies prefer to be advised by British firms rather than seeking advice from US counsel.
The survey, conducted by UK research and advisory firm Acritas, found that legal work for international companies is a high growth area, with 88 percent of the companies surveyed now requiring international legal advice — up from 70 percent in 2009.
Around 53 percent of the companies use English law firms for international work, while only 34 percent use US law firms. The reasons for this trend include a preference for UK jurisdiction for business contracts, and the perception that US lawyers are more litigious than their UK counterparts. The marketing savvy of UK and their geographic proximity to key international markets may also play roles.
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