Tag Archives: USA

Doing business with USA

The United States has the largest economy in the world, with a per capita GDP of
approximately $46,400 and a population of over 310 million people. The systems of regulation and taxation in the United States give foreign investors ample operational freedom. The 50 states, District of Columbia, and the 5 U.S. territories comprise a continental economy in which virtually every industrial sector has a major presence. It is a vibrant and multifaceted U.S. economy.  There is arguably much more opportunity for success in the U.S. than in any other country in the world because of its size, dynamism, and international linkages that characterize the U.S. economy,. The sheer size of the U.S. market means that firms even with a small total market share can realize significant revenue streams and profits in the U.S. U.S. firms have easy access to export markets since the U.S. is one of the most internationally engaged economies in the world.

The U.S. has a world-leading Intellectual Property Rights (IPR) regime. Talented
people and innovative companies are more successful in the United States than many other countries in the world because their innovations are strongly protected, enabling them to reap greater rewards. Investors from around the world come to the U.S. to invest in research and development and to commercialize the results of their creativity. The U.S. provides a strong regime of intellectual property rights protection and enforcement. Of the 167,000 patents granted by the U.S. Patent Office in 2009, nearly 51 percent of the applications originated in a foreign country. Many U.S. and foreign firms partner with America’s world-class universities to develop and profit from innovations in engineering, bioscience, and physics.

The overall quality and fairness of the U.S. legal system is widely recognized as one of the great strengths of the United States. This outlook is not just a domestic view, but one that is recognized internationally. It was the first nation founded on principles of limited self-government. Rejecting monarchy, the founders created a Federal Government with three separate branches: executive, legislative, and judicial. Each branch, while performing its own assigned function, holds the other two branches in check. This structure is closely connected with and, in many ways, found its expression in the U.S. legal system, which draws on principles of English common law regarding a Federal system, where power and sovereignty are shared with the various State governments.

The United States provides potential investors with a variety of investment opportunities, and chances of an investment’s success are greatly increased when companies carry out due diligence and market research. SelectUSA’s website provides Industry Snapshots that give an overview of opportunities in specific U.S. sectors. General information on industry trends within the U.S. can be found at the Bureau of Economic Analysis’ (BEA) Industry Economic Accounts Page.  A breakdown of inward foreign direct investment by industry can also be found through the Bureau of Economic Analysis. Examining exports and imports over time can also give a sense of industry trends. U.S. export and import data can be found at TradeStats Express, through the International Trade Administration. Through higher education and workforce training, the U.S. cultivates one of the most skilled labor markets in the world. Seven of the top ten universities in the world are located in the United States,which is home to more than 4,000 universities and colleges. Moreover, the U.S. attracts students from across the globe, and more than 670,000 international students were enrolled in
American institutions in the 2008-2009 academic year. There is an extensive network of community colleges that can help firms train their workforce for new
job skills in an ever-changing marketplace, many of which have tailored training programs to investors who locate facilities in their area. Federal, state, and local governments also spend billions of dollars on workforce training each year. Importantly, the U.S. also has a large pool of skilled workers in the manufacturing sector.

The U.S. is well-connected to the world via its network of ports, airports, roads and railways. In 2007, 45 percent of bilateral trade traveled by water, 25 percent by air, and the remainder by surface and additional modes. U.S. cities, regions and rural areas are connected by over 47,000 miles of interstate highway and 140,000 miles of freight railroad, as well as tens of thousands of miles of state and local highways and roads. As of 2007, the U.S. had 565 certificated civil airports and was home to ten of the world’s top 20 busiest passenger airports and seven of the world’s top 20 busiest cargo airports in 2009. U.S. ports processed over 29 million twenty-foot equivalent units (TEUs) in 2007, with the ten largest ports handling 90% of all shipments. U.S. transportation is highly intermodal, with hubs connecting the rich networks of road, rail, ports and airports that crisscross the country. (Source Select USA)

Kaviraj Singh is a key speaker at Global LPO Conference, NYC, USA

The Global LPO Conference, NYC, USA, 2011 is an event to develop the business relationship and create awareness about legal outsourcing. This event will address genuine transformation of the outsourcing landscape from theoretical to practical. Leading authorities from global legal associations will assess the impact of changing policies in the legal offshoring industry. Key law firm partners and general counsel will give their thoughts and apprehensions about offshoring work to countries like India, Philippines, Mexico, Argentina, South Africa and others. LPO veterans, on the other hand, will have the opportunity to address those concerns and help buyers find the best possible legal support. Global lawyers and general counsel will learn how to prepare case presentations to win over their boards of management.

for more details click here http://www.globallpoconference.com/usa/speakers.html#kaviraj

TRADE MARK LAW USA (USPTO)

A trademark includes any word, name, symbol, or device, or any combination, used, or intended to be used, in commerce to identify and distinguish the goods of one manufacturer or seller from goods manufactured or sold by others, and to indicate the source of the goods. In short, a trademark is a brand name.

A service mark is any word, name, symbol, device, or any combination, used, or intended to be used, in commerce, to identify and distinguish the services of one provider from services provided by others, and to indicate the source of the services

A certification mark is any word, name, symbol, device, or any combination, used, or intended to be used, in commerce with the owner’s permission by someone other than its owner, to certify regional or other geographic origin, material, mode of manufacture, quality, accuracy, or other characteristics of someone’s goods or services, or that the work or labor on the goods or services was performed by members of a union or other organization.

A collective mark is a trademark or service mark used, or intended to be used, in commerce, by the members of a cooperative, an association, or other collective group or organization, including a mark which indicates membership in a union, an association, or other organization.

Read the complete article at TRADE MARK LAW USA (USPTO)

 

Legal Outsourcing India The Ohio Supreme Court

The Ohio Supreme Court’s Board of Commissioners on Grievances & Discipline has offered guidance to the state’s lawyers on outsourcing legal or support services. The advisory states that there is nothing the Ohio Rules of Professional Conduct that prohibits the use of outsourcing services. Although advisory opinions are non-binding, the opinion marks the first time that a state Supreme Court has officially approved legal outsourcing. Consequently, the move is likely to boost the US profile of LPO service.
The opinion does stipulate that lawyers must obtain the informed consent of their clients before outsourcing work. However, it leaves the extent of supervision for outsourced services to the lawyer’s professional judgement, cautioning them to ensure that the services will be provided with competence and diligence, while protecting client confidences and avoiding conflicts of interest.