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Press Release

Lawyers from world's fastest growing economy seek UK link-up

15 September 2011

Lawyers from Turkey, the world's fastest growing economy, will link-up with the UK legal sector at the Law Society next month.

The Law Society will host a three day event from October 26-28 at its Chancery Lane headquarters. Law firms in Turkey and UK law firms will gather to discuss opportunities for doing business in their respective countries, and how changes to the Turkish Commercial Code that bring Turkey's commercial sector in line with global practice, can provide benefits for law firms and their clients.

Turkey was the world's fastest growing economy in the first six months of this year, driven by intensive investments from the private sector, according to data from the Turkish Statistics Institute (TurkStat).

Law Society Deputy Vice President, Nick Fluck, who will be hosting the programme, says:

“Recent change in Turkey's commercial regulatory landscape is making inward investment in that country more accessible. With that change comes the prospect of more co-operative working between UK law firms and their Turkish counterparts. Investors too will now face fewer hurdles and an environment with which they are much more familiar.

“This event represents a meeting of mutual benefit to both the UK and Turkish legal sectors. The UK's legal sector continues to be the jurisdiction of choice for the commercial sector and therefore the world's investors still turn to UK lawyers, irrespective of where they look to invest, whilst the rapid growth in Turkey's economy means there are significant opportunities for our members and their clients.

"Judging by the high numbers of Turkish firms already signed-up, more than a month before the event, it is clear there is great interest in this programme.”

As well as a series of day time discussions and speeches, there will be networking events for those attending.

To find out more about the programme and various attendance options visit http://international.lawsociety.org.uk/node/11302



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