Phyllis L. Derrick is a consultant who focuses on trade remedy matters on behalf of major American and other multinational corporations. She has nearly 30 years of experience, both in counseling companies, and in administering these laws. In private practice and government service, she has represented and worked with a broad array of industries, including agricultural, steel, electronics, chemicals, commodities, and consumer goods, both in petitioning the U.S. government for imposition of duties and defending international clients against allegations of dumping and subsidization. She assists clients with all aspects of these cases, including strategic planning, case evaluation, risk management and data collection, coordination, communications, and analysis.
Prior to joining Akin Gump in 1995, Ms. Derrick worked with SKF Gleitlager’s in Saarbrücken, Germany. With $50M annual sales and overseas subsidiary operations, she served as deputy company controller. Her responsibilities included establishing intracompany transfer pricing policies to comply with local and U.S. tax requirements; extensive oversight of the U.S. subsidiary operation for consolidated management reporting. She was responsible for ensuring local implementation of corporate financial/accounting reporting requirements based on U.S. GAAP. Special projects included revision of cost accounting system; replacement of software accounting systems; participant as finance spokesman in company Total Quality Management projects. Her work was conducted entirely in German.
Prior to joining SKF Gleitlager, Ms. Derrick worked with Grant Thornton, a major accounting and consulting firm, in its international trade group. She designed and implemented systems for reporting requirements, including addressing all aspects of necessary reporting methodologies, data collection and evaluation. Prior to her work with Grant Thornton, Ms. Derrick served at the Department of Commerce's Import Administration for seven years. She developed, directed and coordinated programs to enforce antidumping law. She worked on more than 100 separate proceedings. She was a key member of the team charged with investigating the only case self-initiated by the Commerce Department and with subsequently establishing the quarterly monitoring procedures.
Ms. Derrick earned a B.A. from the George Washington University.