Rick Burdick Quoted in Washington Lawyer on Changing Nature of International Law
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Rick Burdick, chair of the global energy and transactions group at Akin Gump, has been quoted in the Washington Lawyer article “Regulatory Practice Across Borders,” which looks at the changing nature of international law.
Burdick said, when he started practicing law, “It was all U.S. and European companies going out into these jurisdictions doing business, and the U.S. and U.K. lawyers followed them and the rules of the game were pretty simple.” U.S. and European companies, he noted, “had the capital and the know-how, and you negotiated the terms of deployment of that capital and know-how in whatever jurisdiction you were in.”
Now, however, Burdick said the expansion of South Asian, East Asian and Middle Eastern companies into the international marketplace has affected the practice of law in Washington by introducing cross-jurisdictional legal regimes.