Should I get local legal advice when entering a new market

Question

If appropriate contacts can be found, e.g. recommended by DIT, is it sensible to get in country advice such as legal and other?

Answer

A business may need to get some local advice on things such as local standards on manufactured goods. However, it is really important to use the laws of England and Wales in contracts so that disputes can be reconciled in the UK and not overseas.

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This answer was provided by Virtuoso Legal. For more information about how Virtuoso Legal can support you, visit their site at:

http://virtuosolegal.com/

Virtuoso Legal are a boutique firm of world class intellectual property solicitors. Over the past 10 years they have successfully represented clients in hundreds of intellectual property matters.

This question was asked as part of our webinar on international terms and conditions. You can watch the recording of this webinar at:

https://opentoexport.com/webinars/international-terms-and-conditions/

If you’d like to learn more about the Institute of Export & International Trade’s International T&C templates, visit:

https://www.export.org.uk/page/InternationalTCs

Too many businesses are entering international trade without proper contracts and are therefore taking unnecessary and potentially costly risks. Slow payments, legal issues, dashed expectations and disenchantment with the exporting process are a result of businesses foregoing the need to establish terms and conditions specific to their international situation.

These 4 T&C templates give you the solid legal framework you need to export confidently and successfully.

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