The US-China relationship is widely recognized as the most important bilateral relationship in the world; many STEM and legal professionals confront issues related to this relationship on a daily basis. To share some insights about working transnationally, Perkins Coie, an international law firm, sponsored a seminar for MSL students entitled, “Skirmishes in the Trade War: How Chinese Businesses Successfully (and Unsuccessfully) Navigate the US Market.” Two partners from Perkins Coie, Kevin Patariu (JD ‘07) and James Coughlan, shared their experience representing Chinese businesses operating in the US, talked about the trade war’s impact on commerce and operations, and explained how professionals can navigate cross-border business issues in their careers.
The presentation cut across critical components of the MSL curriculum, including issues related to intellectual property, business strategy, and regulatory compliance. The presenters began by explaining the trade war and how it has evolved. From there, they talked about the legal framework for doing business in both countries and described how the framework has changed because of the trade war. They talked about key areas of tension between the two countries, specifically with regard to intellectual property, product liability, and data privacy. Finally, they talked about the role of US law firms in helping Chinese companies successfully navigate the US market. Throughout the seminar, they discussed multiple ways that MSL graduates would be able to use these insights to help businesses operate globally.
We’re very grateful to Perkins Coie for sponsoring the event, and especially to Kevin and Jim for having this idea and for the time they spent preparing this interesting seminar. Kevin and Jim are strong supporters of the MSL program; they understand first-hand how valuable it is for business and STEM professionals to be aware of the various legal and regulatory issues that are likely to arise in cross-border transactions.
What a great way to ring in the Chinese New Year!