ABSTRACT

Nelson1 reported that the deregulation of international financial markets, and movements toward free trade, have resulted in a greater complexity and fluidity of international finance. International and domestic markets have become much more competitive, more entrepreneurial, and more efficiencyoriented. As a result, there is a greater demand for corporate lawyers as well as lawyers trained in international commercial law. There has been an increase in new uses and applications of law in international commercial transactions, as a wider range of legal strategies becomes available.2