Navigating the Uncertainty of Trade Policy in DC
A recent article from Law360, “Trade Policy Whiplash Drives Firm Hiring Spree in DC,” examines how shifts in U.S. trade policy have contributed to increased demand for experienced legal counsel. With evolving regulations and ongoing uncertainty, law firms are actively expanding their international trade practices to meet client needs.
Lauren Drake, Partner in our Washington, D.C. office, is quoted in the piece and notes the strategic anticipation across the market:
“I think everybody knew that this was going to be a big part of Trump’s agenda and there would be changes in regulations, and uncertainty - and this was an area that would not slow down.”
Her comment reflects how many firms have positioned themselves in advance of regulatory changes. As the article notes, legal teams are expected to see continued demand once businesses are able to move forward with key supply chain and investment decisions. As a result, international trade remains one of the most active and strategically important practice areas in Washington, D.C.
Read the full article by Alison Knezevich for Law360 here.
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For more insights, connect with Lauren Drake or reach out to our team at Macrae.