Translation For Lawyers

Thanks to professional translation, e-Discovery translation and legal language services by competent language translation and interpreting professionals, foreign language-related issues are not among the major challenges faced by law firms and attorneys.  International tax attorneys and other professionals engaged in international tax preparations are confronted with myriads of challenges- many of which could be far more difficult than reconciling numbers because they need to comply with different tax laws that are subject to varied interpretations.
 
But whatever the circumstances might be, a judge will search for the exact meaning and bearing of a legal text whenever doubt arises (Maisto 2005). Since legal texts are susceptible to dual interpretations (as in the case of English and non-English languages), reconciliation of meaning and expression of terms in two languages are further necessary.

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We've blogged about financial translation, foreign language translation of reverse mortgage loans, validity of real estate transactions conducted in a foreign language, and the role professional business translation services in consumer protection. 

As home foreclosures continue to sweep across the States, a high number of homeowners are reviewing their mortgage contracts more seriously and frequently these days than in any other period before the recession. And those, who had previous experiences with mortgage contracts obtained in other states or countries, may notice similarities and differences in the stipulated provisions with their previous contracts.  When in doubt, professional foreign language translation by professional linguists and by competent translating professionals is the option.

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Professional legal translation and language interpreter services are indispensable in the process of taking a franchise overseas.  This process usually starts with a third party expressing interest in bringing your idea to another country. However, before shipping your business overseas, there are numerous issues that must be considered. And language translation is one of the most important ones.

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Corporate translating and interpreter services and professional legal translations and financial translations are vital for the global economy, as evidenced by the current international financial crisis. Although some would argue that one of the problems is a lack of multinational corporate governance laws, this is not an area where international law fears to tread. In fact, international trade law plays a significant role in corporate governance. 

Continue reading "Multilingual Translator Interpreter Services for Law Departments and Corporate Lawyers, and Multinational Corporate Governance" »

Professional corporate translation services and legal translation services come in handy for translations of international financing agreements in the current financial and economic crisis, which has dominated the headlines.  Due to the world's financial institutions being linked via the intense period of globalization occurring over the last decade - the crisis is affecting markets across the globe. Just last week, the Bush Administration proposed a bailout plan that now includes assistance to non U.S.-based institutions, which have significant activity within the U.S.

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Earlier we've blogged about the role of professional translation services in the global economy. As China continues to develop as a dominant international business player, it is essential for the international lawyer to understand China's antitrust review process, and the role of English-Chinese and Chinese-English legal translations in this process.

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Part of finalizing a foreign investment in the United States involves satisfying the procedures set up by the Committee on Foreign Investment in the United States (CFIUS). Financial document translation, accounting document translation, and legal document translation of foreign language documents constitutes an important step in this process. The purpose of the CFIUS is to ensure that foreign investments do not have any national security implications.

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Earlier we've blogged about document translation in the context of foreign regulatory evidence in products liability cases and about the role of professional translating and interpreting services in enforcing U.S. judgments in Europe. As the business world becomes more and more global, there are increasing instances of conflict of law questions. Essentially, a conflict of law arises whenever a business transaction spans two different countries.

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Earlier we've blogged about corporate translation services in the context of international arbitration. Although the purpose of arbitration is to allow for the amicable resolution of business disagreements, sometimes a party will be left unsatisfied with the choice of arbitrator. Both the arbitration done under the Rules of Arbitration of the International Chamber of Commerce (ICC) or via internal (ad hoc) rules allow for a challenge. When raising a challenge, specific requirements must be met:

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With the growing economic and political strength of the European Union, more and more transatlantic business is being conducted. This leads to an increase of transatlantic business contracts. Such contracts need to be translated into the language or languages of the European country, with which the U.S. company is conducting business. And, the more international business transactions there are, the more blurred the law that governs the enforcement of contracts becomes.

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Foreign language document translation and language interpreting play an important role in the investigation and defense of money laundering cases. Money laundering occurs when an individual or organization attempts to disguise the origin of proceeds which stem from a preceding criminal act. In other words, it is the act of transferring the proceeds made from a criminal act in order to conceal their criminal origin. In the setting of international commercial arbitration, the following elements of the offense of money laundering need to be established:

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When a party relies on a piece of documentary evidence written in a foreign language, they must have the document translated into English and file an affidavit attesting to the accuracy of the translation.

So what happens when both parties submit separate affidavits by two different document translators attesting to having submitted an accurate translation?

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As the Foreign Corrupt Practices Act (FCPA) is aimed primarily at international transactions, the issue of accurate foreign language translation becomes essential to avoiding legal trouble. According to the FCPA, it is a crime to, among other things, to bribe a foreign official.

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As more and more countries are opening up to Western trade, there is an influx of securities and related litigation matters, often requiring professional translation services. A prime example is China. As more and more of its products come to foreign shores, it is beginning to feel the pressure put on by a foreign legal system. In other words, when a Chinese product or company has connections to the U.S., it can quickly become snared in the U.S. legal system - which is an entirely different dragon to what China is used to.

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Like many professional specialties - including the law, computer science and medicine - the field of accounting has many terms that are particular to the accounting profession. Although people within the finance and accounting field understand these trade terms, these terms often do not translate easily outside the profession. This is particularly true when accounting documents need to be translated into a foreign language for transnational and cross-border accounting litigation.

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