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 been recognised as a leading lesbian, gay, bi and trans employer by LGBT charity Stonewall in its Top Global Employers Index 2020 for the fifth consecutive year.
Multinational law firm Pinsent Masons has advised Schütz Family Office on the acquisition of private bank Freie Internationale Sparkasse S.A..
Multinational law firm Pinsent Masons has been named as one of the top ten family friendly employers in the UK by work life balance charity, Working Families.
Multinational law firm Pinsent Masons has appointed energy partner Paul Rice to lead its newly created Climate Change Mitigation and Sustainability group as it seeks to embed a coordinated, firmwide approach to the climate crisis.
Pinsent Masons has advised Nasdaq listed NV5 Global Inc on its acquisition of Mediatech Design Group – a leading technology company providing security, enterprise IT, and building technology solutions headquartered in Dubai.
Pinsent Masons has advised the Straumann Group on its acquisition of a significant majority stake in DrSmile – a leading dental provider of orthodontic treatment solutions in Germany.
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