There is an excellent set of articles that were posted today by the Wharton School of the University of Pennsylvania, on their Knowledge@Wharton website. Law firms -- particularly those in the United States -- that are contemplating the possibilities for expanding their practice to Cuba as a result of the expected normalization of relations between the United States and Cuba should educate themselves about some of the basic context in which an "opening" of a Cuban legal market might take place in the next five years.
Three articles are particularly interesting:
- Foreign Investment in Cuba: Will 'Serious Changes' Open a Floodgate?
- 'Tripping Over Wires': The Risks of Doing Business in Cuba
- What the 'New Normal' for U.S.-Cuba Business Relations May Look Like
Don't allow your firm to get caught up in a "stampede" of law firms into Cuba. At the same time, it is not too early for U.S. law firms in particular, as well as major European and Latin American firms, to start thinking about how you might respond when one day a client says, "We are thinking of investing in Cuba. Can you help us?"
Walker Clark can help you to prepare a well-informed thoroughly thought-out answer to this question. We have the experience, deep market knowledge of the region, and practical custom-tailored strategic methodologies that can prepare and execute a response that is best for your firm. For more information, please contact us at the e-mail address or telephone numbers at the bottom of this page.