Thursday, June 18, 2009

International Business Law Study & Its Environment

International business law is the practice of regulating how firms conduct business in different countries. There is no international governing body, so regulations are determined by domestic laws. Educational programs are found around the world, with many in the U.S..








International Business Law Schools


International business law programs are competitive and demand rigorous study. There are two primary program types. The first is in a juris doctor (JD) or master of law (LL.M.) program with a major focus on one of the aspects of international business law. Some schools, such as Duke University Law School, offer a joint degree. Students should consider selecting a school located where international business is common to increase work opportunities.


Certification Programs


The second type of program is a certification program designed to provide training in a short period of time to working professionals. An example of such a course is offered by the American University Washington College of Law. These programs aren't just for lawyers, but also professionals such as economists and government employees who work in international business.


Requirements


Depending on the countries involved, practicing international business law can differ in many ways. Additionally, conducting international business often takes more time than domestic dealings due to multiple sets of legal requirements. A practitioner must be highly organized, detail-oriented and patient to be successful. A willingness to travel, learn new cultures and language abilities are significant pluses.

Tags: international business, International business, international business