Today, Lydia DePillis wrote on the Washington Post “Baby boomers are taking on ageism – and losing”. It tells the story of a senior GC failing to land a job in modern economy. Apparently, “Old Economy Steve” is too old for working on a profession that, paradoxically, requires experience and wisdom.
Become a real lawyer requires being exposed to the right life experience. Applying legal concepts and solving legal problems need situational and emotional intelligence. This is acquired by practical knowledge. Time and will is necessary for developing pillar skills for performing amazingly in any legal job: Ownership, resilience and curiosity.
In law, age is an advantage because is safer to bet on the seasoned lawyer. She/he eats newbies for breakfast. This is why old lawyers get shift done. Infographic below tried to convey this concept in a simple way.
Photo Credit: www.bigstock.com / Business exchange concept as two human hands from diverse cultural backgrounds exchanging financial and economic information and training as a metaphor for team success.
The business year ended a couple of weeks ago. A fair year for business in Mexico with the traction provoked by the opening markets (telecom, energy, transport, etc.) Numbers on this blog were good too. Here are some statistics I would like to share with you.
The blog had 1.4 Million hits with a more than 86 thousand visitors. This is a slight improvement from previous year.
As to the most popular posts, below is the list, if you want to read them:
1 – What Would the Trans-Pacific Partnership (TPP) Mean for Mexico?
2 – Wind Power Opportunities in Mexico
3 – Mexico to Spend $100 Billion Dollars to Develop Shale Resources
4 – Mexico Reforms Attract U.S. Investors
5 – Chrysler invests US$1.2 Bn in Mexico and could cast away the IMMEX drawback
6 – As expected, Mexican telecom operators are showing tough love
7 – [INFOGRAPHIC] The US$590 Bn Mexican Infrastructure Plan in a Nutshell
8 – What if IFETEL Mexico unleashes the unseen power of free?
9 – Mexico Consumer Entertainment Spend Grows Rapidly; Now at 4.5 Billion USD
10 – Televisa and Telmex on two legs after Watchdog resolutions
The most popular searches were related and around to these topics:
1. Green energy investment.
2. Telecom antitrust proceedings.
3. San Diego – Tijuana business traction.
4. Construction companies in Mexico.
5. Oil drilling opportunities.
We have planned many projects for this year and hope all readers and sharers support this blog. Stay tuned.
Photo credit: Rear view of the business lady who is looking for the new business ideas. Blue growing arrow as a concept of successful business. Business icons are drawn on the concrete wall. / Bigstockphoto.com
I just read the post from @JohnGrimley “Lawyers rush to win new work from the Trans-Pacific Partnership (TPP).” It just makes you wonder of the future of lawyers in Mexico.
TPP will free the major trade zone of the world with over 40% of global economy, and excluding China, for now. Mexican Ministry of Economy promised to release public versions of TPP for public discussion on November. TPP is set to discussion by Senate during Q2-2016 for approval or rejection.
Fine print is still unknown, so is not possible to learn if will open legal services market in the region, as it has happened in some Asian countries. It happened with NAFTA, partially.
The key items to watch for Mexican lawyers are: Licensing and bar requirements to practice law, dispute resolution on investments, will lawyers be uberized and if Mexico will dimishing application of civil law system. Unquestionably, the debates and answers will put some pressure on big law and judicial system.
Now, Mexican lawyers have incentives to compete with other TPP firms. Is it time for a NewLaw strategy?
Advocacy Concept by tashatuvango / Bigstockphoto.com
FinTech revolution is happening around the world. While sound financial institutions are exploring business possibilities, the real deal is happening in the startup scene. Bitcoin is just one of them.
Beyond decentralizing payments system around the world, Bitcoin is set to aid several industries. Legal services are a growing niche.
Mifiel is a Guadalajara-based initiative launched by the same team behind Volabit, a bitcoin transfers and exchange service in Mexican pesos. Mifiel allows Mexican people to use its electronic signature developed and supported by Mexican Ministry of Finance (FIEL) to sign any type of document.
Potential is clear for certification services, but in fact many other legal services could benefit. Namely e-discovery, M&As, contract management and judicial/administrative proceedings.
As NewLaw by non-lawyers is pushing traditional legal services to tech-driven law practices, Bitcoin could deliver the legal certainty for the rest of us.
The question is: Who will dare to become incumbent? Lawyers or Non-Lawyers.
Photo credit: Close Up 3D Illustration Of Paneled Golden Bitcoins by mdorottya / http://www.bigstockphoto.com
www.mexicanlawblog.com is a tool for developing business in Mexico. This is why, I added a section with relevant events about business in Mexico. If you want to list your event or include an interesting one, please contact me.
Platts 18th Annual Mexican Energy is taking place next November 20 & 21, 2014 at the Four Seasons Hotel in Mexico City. Hear from over 30 energy industry leaders what is in store for Mexican Energy following the historic reforms. Learn on what energy reform means for oil and gas investment, PEMEX’s new role as a productive state enterprise, the latest developments in deepwater and shale gas, natural gas, NGLs, biofuels, and more.
A new regulatory framework for electric power will improve financing in the power grid. New tenders for power projects are coming, and the private sector has a whole new role.
The elite of Mexico’s energy industries, including state energy agencies, regulators, private power producers, renewable energy developers, oil and gas developers, oil and gas infrastructure, energy service companies, energy traders, energy investors, consultants, and more.
#StartupsMX is a series of short posts exposing Mexican entrepreneurs, that otherwise, would not be covered by mainstream media. Are you one of them? I will be glad to hear from you.
Mexico is having a magnificent moment in the automotive business. We have just passed Japan, and became number 2 exporter to the US. Mexico has reached 8th top global manufacturer of automobiles and 4th exporter. The big 8 car brands are well established and German automotive industry is making key investments to push the US market. Quality is so good that even Nissan Mexico manufactures NYC cabs and Mercedes Benz.
Enter BIMO, a Puebla-based company founded in year 2000. After performing R&D with help of many public and private institutions of Mexico, like UNAM and CONACYT, it has landed 2 rounds of financing with angel ventures and public financing institutions. This funding also has helped BIMO for obtaining trademark and intellectual property registration before the Mexican IMPI.
Currently, it is manufacturing 500 units of “Romy 2015” for replacing taxi-bikes on downtown Mexico City, and securing a maintenance contract. The company is developing business to setting up distribution and after-sales services to other locations of Mexico, along with a distribution business of electromechanic connectors and removable ergonomic board for the EV industry.
Romy was designed and manufactured under the standards of the US Department of Energy Vehicle Technologies Program.
Now, it has an invitation to CISMEF, the biggest Chinese SME trade fair taken place next October in Guangzhou, where expects to land business with the growing local auto industry.
Tesla´s Elon Musk is clearly the innovator on EVs, but the market is coming of age. In the near future, traditional cars could loose a market share on niches. Considering Mexico´s capacity in facilities, logistics and legal framework, do you think EV can get retribution anytime soon here? What do you think?