14 Nov 2011 | 11:16 am |
International law firm Pinsent Masons has launched its 2011 Manufacturing Report, revealing the most pressing legal concerns for the industry. When questioned on compliance, 75% of respondents stated that Bribery and Corruption was currently a priority, with Health and Safety a close second with 60%, representing the ongoing impact of significant developments in legislation in the past year.
Protecting Intellectual Property (IP) was also highlighted as an ongoing concern, with 59% of those questioned identifying a lack of protection for IP/infringement as a problem when looking at offshoring, the same result in the 2010 report, demonstrating that little has been done over the past year to build confidence in this area.
When looking at growth, 85% of the manufacturers surveyed highlighted the reduced corporation tax rate as key to future expansion and joint ventures remain the preferred method of new market entry with 36% of the vote, over acquisition of local operations with 22%.
The report also includes the issue of immigration caps, which were highlighted as having the potential for negative effects on recruitment for manufacturers, but which 74% of those questioned said had not had an impact on their business.
Looking at the global marketplace, the 2011 results still put China, India and Russia as the top three offshoring destinations for the next five years respectively but the balance between them has shifted slightly. China and India have dipped slightly in percentage, with Russia gaining the fallout.
Multinational law firm Pinsent Masons has enhanced its employment law capabilities with the appointment of Dublin-based Deirdre Lynch to lead the firm’s employment teams in Ireland and Northern Ireland.
Multinational law firm Pinsent Masons has appointed Inmaculada Castelló and Fernando Gutiérrez as co-heads of the Madrid office as of 1 September 2022.
Multinational law firm Pinsent Masons has advised the shareholders of UMS Consulting GmbH & Co. KG on the sale of their shares to Expleo Group S.A.S.
Multinational law firm Pinsent Masons has advised the shareholders of UMS Consulting GmbH & Co. KG on the sale of their shares to Expleo Group S.A.S.
Multinational law firm Pinsent Masons has won the Best Talent and Inclusion category at this year’s The Lawyer Awards.
Multinational law firm Pinsent Masons has won in seven categories at China Business Law Journal's annual awards.
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