US legal system 'worse than Russia' - Times Online: "From Times Online
March 18, 2008
US legal system 'worse than Russia'
A survey shows that European in-house lawyers would rather face litigation in China and Russia than in America
Michael Herman
Fear of the American legal system has created an atmosphere in which lawyers working for European businesses would prefer to face a major dispute in Russia or China than the US, a study has revealed.
A survey of 180 in-house counsel working in five European countries identified the US as the jurisdiction they were keenest to avoid, with 29 per cent naming it the country they were most concerned about facing a major dispute in.
The US attracted almost twice as many votes as Russia and China. Despite fears of political interference and corruption in their legal processes, both were named by just 16 per cent of in-house counsel as their most feared jurisdiction.
The survey, commissioned by Lovells, the international law firm, noted that “while in-house lawyers are relatively comfortable with managing disputes in their own countries, there is great concern regarding the unknowns in different markets”.
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Tuesday, 18 March 2008
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