By Marc S. Friedman |Director of Professional Relations | Global Commerce Education
After practicing law for 47 years including with the World’s #1 Global law firm, I have learned that many non-US companies, including Baltic businesses, are discouraged from exploiting a robust US marketplace by 10 legal myths than can easily be debunked.
The 10 legal myths are:
None of these myths is true. And, with careful planning the business risks normally associated with them can be significantly reduced and, often, eliminated. With careful planning by your company and trusted advisors, you can materially increase the chances of having a “soft landing” and a successful expansion to the US (and its neighbors Canada and Mexico).
This series of 11 articles, beginning with this one, will discuss each of the 10 legal myths, demonstrating why they should not prevent your company from doing business in the US. As you likely know, the US has 350 million consumers and a very strong economy. The US stock markets are at an all-time high. Business regulations, especially those affecting small and medium companies, are being drastically reformed. Now is the time to consider US expansion and none of the 10 legal myths is a barrier.
We look forward to addressing and debunking the 10 legal myths, one by one, in the ensuing articles.
Compliments of Global Commerce Education, a member of the EACCNY