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Article: Law firms help investors in Eastern Europe. (San Diego law firms get ready to meet legal needs of businesses ready to explore the East European market)(Special Report: Law)
- Article from:
- San Diego Business Journal
- Article date:
- August 12, 1991
- Author:
CopyrightCOPYRIGHT 1991 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Law firms help investors in Eastern Europe
Eastern Europe's fledgling free market economy is the new Wild West, and some San Diego businesspeople are ready to play cowboy.
Although San Diego's investment community tilts toward Mexico and the Pacific Rim, some local lawyers are getting ready to meet the legal needs of businesses ready to explore the East European market, especially Poland.
Investors are lured by Eastern Europe's educated work force, wage rates about one-fifth of those in the United States and proximity to the mighty market of the European community. Plus, there are tax incentives and bargain prices on land and state-owned ...