Larry Pascal in Law360: New Texas Rules For Foreign Attys Could Boost Int'l Work

06/16/2014


The Texas Supreme Court this week recommended adoption of a slate of rule changes intended to make it easier for foreign-licensed lawyers to practice in Texas, a move aimed at boosting the state’s profile in international transactions, arbitration and other cross-border work.

The task force that recommended the changes believes they’ll help Texas compete for international business, with market leader New York and other states that have more foreign lawyers, like California and Florida. Its members say bringing more foreign lawyers to Texas not only will improve the quality of legal representation that firms can offer clients in international deals, but also will in turn generate more work for Texas lawyers...

The changes, which could take effect as early as Oct. 1, come in three main areas...

Second, the proposal would streamline the registration of foreign legal consultants in Texas, which task force Chair Larry Pascal of Haynes and Boone, LLP says is likely to assist Texas companies in hiring experienced corporate counsel for in-house work on international operations or expansion. Pascal says the changes remove bureaucracy and simplify the process for foreign legal consultants to register in-state to advise clients on the laws of their home countries.

Excerpted from Law360, June 16, 2014. To view full article, click here (subscription required).

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