A Study on the Results of the Negotiations on Liberalization in Legal Services Sector in the KORUS FTA

2007 ◽  
Vol 56 (12) ◽  
pp. 5-46
Author(s):  
최용훈
2018 ◽  
Vol 60 (6) ◽  
pp. 1377-1392 ◽  
Author(s):  
Moinak Maiti

Purpose The purpose of this study is to detail about the India’s service sector with different aspects of services and the opportunities or challenges that lie within it. Design/methodology/approach Preliminary part of the study covers the following details of the India’s services sector: services gross domestic product (GDP), individual states/union territories’ services contributions, services foreign direct investment (FDI), services export, services employment, services inflation and overall service performance. Then the study compares India’s services sector performances with the top 15 services performance countries in the world in terms of GDP. Findings Study found R&D services, legal services, media and broadcasting services and “internal trade and repairs services” to be the potential services sub-sectors that will boost the services sector growth in future. Finally, the study concluded with the implication of the present study finding/results for the present Indian Government policies related to the services, trade, FDI for economic growth and employment. Practical implications The study has significant public policy content. The research focuses on the economic and commercial impact, mainly by practice. Originality/value The paper is original and brings out some valuable finding that will help the policymakers and economists to make policy decision regarding India’s services: sector, trade and employment. The study has found R&D services, legal services, media & broadcasting services and internal trade and repairs services as the potential services sub-sectors which are new and not addressed by any other studies.


Significance The report suggests that the resilience of US shale oil production to price collapse is beginning to fade. OPEC producers, particularly Saudi Arabia, have hoped to drive down longer-term US production through an extended period of acutely low prices. Falling US output could help rebalance the oil market in the second half of the year and potentially vindicate OPEC's supply-side strategy. Impacts The US oilfield services sector will be hit particularly hard, as drilling activity plunges and upstream companies push for lower costs. The US economy as whole should benefit from lower oil prices, but undiversified oil states will struggle. Increased shale bankruptcies, particularly among smaller producers, will provide commercial opportunities for legal services firms.


2021 ◽  
Vol 29 (3) ◽  
pp. 510-523
Author(s):  
Oleg A. Yastrebov ◽  
Arina A. Tinkova

The article answers the question: what are the distinctive features of the global legal services market in the context of globalization, as well as what place and role it occupies in international trade and trade policy? The study is divided into 3 parts. The first part structures the main theoretical aspects concerning the legal services world market: the concept and classification of legal services, forms and methods of international trade in legal services. The second part analyzes the market indicators of the global legal services market, characterizes the main problems and trends in its development. The place and role of Russia in the global legal services market are revealed. The third part deals with the foreign trade policy issues, mechanisms for protecting the internal market. Special attention is paid to the analysis of the Services Trade Restrictiveness Index for legal services. The mechanism of countries foreign trade policies influence on the British legal services sector is illustrated in the context of Brexit.


2020 ◽  
Vol 13 (1) ◽  
pp. 135-152 ◽  
Author(s):  
Chay Brooks ◽  
Cristian Gherhes ◽  
Tim Vorley

Abstract Recent technological developments in automation and artificial intelligence (AI) promise to disrupt the very foundations of how legal work is practised and delivered. Yet how they challenge current business models, where they encounter resistance and how the benefits of AI can be realised remain unexplored. Drawing on interviews with professionals in the UK legal services sector, the article highlights how technological and market pressures combine to challenge the business models of legal services firms. However, the findings reveal important cultural and structural challenges that hamper transformation. The article extends the debate on technological disruption in legal services through a focus on business model innovation as a tool that can support firms in the sector to reimagine legal services provision.


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