The last year has been another difficult one for the global mining industry as a whole, with stock continuing to underperform and a pick-up in deals yet to really take off. Although the practitioners we spoke to almost universally agree that the market is likely to revive a little in the next 12 months, or at the very least not get any worse, it is still a time of uncertainty, especially in the junior market. The S&P 500 metals and mining index supports this claim, showing the very slight gradual rise in stock prices over the last 12 months that practitioners have observed. However between mid-September and early October 2014 the index dropped by 21 per cent. This could be a short-term dip, as seen in July 2013 when the market fell and bounced again within a matter of months, or it could spell the start of an even more difficult time for the industry.
Our new Trade & Customs publication comprises a total of 334 practitioners from 184 firms in 36 countries who are considered leaders in this field of law. In this section, we have highlighted four global firms and one boutique as leading players due to the high number of listings they receive. Sidley Austin once again dominates our research with world-leading practitioners from its DC, Geneva and Brussels offices; Baker & McKenzie, meanwhile, displays an authoritative global reach with ranked lawyers from 10 different offices. King & Spalding and White & Case are also preeminent in the market. Specialist firm Appleton Luff is strongly placed with leading lawyers listed in four jurisdictions. We also select the most highly regarded individuals in the world, including the very best lawyers in the international trade centres of Brussels, Geneva and DC.
Who’s Who Legal brings together Edmund Sim of Appleton Luff, Adrián Vázquez of Vazquez Tercero & Zepeda, Ekaterina Zabello of VMP Vlasova Mikhel & Partners and Daniel Crosby of King & Spalding to discuss a range of key issues, including present activity in traditional trade measures, the growing body of work in the sanctions area, the impact of trade agreements and the growth in trade-related work in Africa.
Mexico’s restrictive immigration laws have undergone liberalisation over the last five years, most notably through the Migratory Act that came into effect in 2012. The government has looked to reshape its legislation to deal with its growing role as a country of transit and as a destination. We have identified four leaders in this field of law.
The General Law of Business Organisation provides a statutory basis for the regulation of the internal affairs and processes of a corporation in Mexico, and is supported by a corporate governance code of best practice. The Mexican National Banking and Securities Commission (CNBV) is the main government agency in charge of enforcing economic fines and compliance procedures, and practitioners in the field must navigate a comprehensive regulatory framework in their advice to clients. We identify 17 “leading” lawyers in the field.
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Nominees have been selected based upon comprehensive, independent survey work with both general counsel and private practice lawyers worldwide. Only specialists who have met independent international research criteria are listed.