Reasons Why Your Law Firm Needs an Expert Legal Translation Partner

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Reasons Why Your Law Firm Needs an Expert Legal
Translation Partner
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• The demand for multilingual translation in legal
  departments and law firms is on the rise. Today,
  accurate, reliable and quick translation and
  interpretation is what a client requires from a
  reputed law firm. With the increasing need for
  the businesses to expand internationally, there
  has been a high demand for the multilingual law
  firms, which can provide expert translation in
  various fields.
• A global law firm persistently needs support from
  external service and technology firms to meet its
  global caseload demands. Multilingual support is
  often required in various areas, such as,
  litigation cases, court reporting, mergers and
  acquisitions, bankruptcy cases, etc. There are
  several reasons why a law firm needs an expert
  legal translation partner. Let us briefly review
  five of them.
• It is obligatory that a global law firm is
  involved in the mergers and acquisitions of
  companies that belong to different language
  speaking countries. In cases where the language
  differs, the law firm does need a bilingually
  well-versed advocate to solve such cases with
  ease.

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• Until recently, the Federal Trade Commission
  (FTC) viewed the matter of non-English-language
  documents during the discovery process with a
  certain amount of flexibility. If, for example, a
  company embarking on a merger had 500 documents
  in 12 different languages that the company
  represented were most likely not relevant to the
  deal, the FTC was often willing to take the
  companys word for it. Today, the FTC wants to
  see translated documents. That adds another layer
  of complexity for legal departments and law firms
  working with multinational companies and clients.
  This exhibits the importance of translation in
  the current international business.
• When a company/firm wants to expand its business
  globally, they might want to open physical
  branches in other countries. For that, they have
  to abide to the law of that particular country
  and need the help of a law firm that understands
  their requirement and delivers the same to the
  audience in a new country.
• Suppose a company/firm conducting business in
  multiple international regions wants to introduce
  a new set of rules/principles for the purpose of
  the companys better functionality, it is
  imperative for the company/firm to get them
  translated rightly to all the required languages
  of the countries where the business prevails.
  This can be tagged as a crucial requirement.

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• The Foreign Corrupt Practices Act (FCPA) is
  another factor contributing to the growing need
  for translation processes. To safeguard against
  international bribery, legal representatives are
  now tasked with proving their compliance efforts
  not only in their U.S. headquarters, but also
  their foreign operations, and regulators. The
  ability to do that hinges on access to translated
  documentation of business practices abroad. For
  example, if a litigation occurs between a
  customer from a different country and the
  company, it is essential that the communication
  between the two parties has to be clear to attain
  a fair decision. Only a good international law
  firm could do well.
• The above points clearly indicate to what extent
  the legal sector has reached globally. In recent
  times, cross border communication has
  tremendously increased, which has resulted in the
  rising need for translation. For companies and
  firms conducting business in multiple
  international regions, translation is the crucial
  factor representing challenges related to cost
  and efficiency. To overcome such challenges, it
  requires the right combination of technological
  and human support. Only an efficient and a
  capable legal translation partner can help
  overcome these challenges. Major advantages of
  having a translation partner are as follows

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• Cost effective Finding good translators with
  desired skills across languages and domains is
  more cost effective when outsourced to a
  translation partner.
• Efficient Project Management Working with a
  translation firm will save the companys time and
  manpower that would have been used in handling
  the translation projects from the initial stage
  (allocating the project to the right set of
  translators) until the end (getting the
  translated files back from the translators and
  performing a final review).
• Saves Time Translation companies will have the
  necessary tools and software that reduces the
  time of translation process, which will help
  deliver the projects much faster.
• Translation Memories Certain translation
  companies maintain a translation memory (TM), (TM
  is a database that stores previously translated
  segments, which can be sentences, paragraphs or
  sentence-like units), which can be of a great
  help to the translators when they are working on
  an ongoing project for a long time. This saves a
  lot of time and energy of both the translators
  and the company.

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