Employment Practice: Baker & McKenzie

Law360, New York (July 14, 2008, 12:00 AM EDT) -- In the fast-paced era of globalization, opening up shop in an emerging market or cutting back on staff might seem like a good business move, but companies would do well to ask counsel before taking the plunge, said David Ellis, global chair for the labor, employment and employee benefits group at Baker & McKenzie.

Executives who open new locations without undergoing the appropriate tax planning or make changes in employee benefits plans without checking the legal ramifications in a given jurisdiction could be asking for trouble....
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