‘Tribal’ world creates complications and opportunities for law firms

By Chris Crowe, for the International Bar Association – IBA –
Tuesday 25 April 2023

‘The world at large, geopolitically, politically and business-wise has become more tribal, and this trickles down to the legal profession. This affects who you do business with and who you are representing’, says Michael Diaz, Global Managing Partner at Miami-headquartered Diaz, Reus & Targ. ‘There seems to be more of a focus on how you make a decision on whether to represent a certain entity and what the potential consequences are for a global law firm. If you represent the Chinese government or a Chinese sovereign entity, it may impact the relationship with different countries around the world.’