First DBG Program in Mexico Draws 250

Our Doing Business Globally program in Mexico City last week brought together senior business leaders and Baker McKenzie practitioners from across North America to discuss the legal and business challenges facing companies in Mexico. The event drew nearly 250 attendees, including dozens of general counsel, senior in-house counsel and other senior business executives.

Federico Ranero, General Manager at Uber Mexico, provided thoughtful insights on the challenges and future of urban mobility during his keynote address, while our plenary panel, moderated by Jason Marczak, Director of the Atlantic Council’s Adrienne Arsht Latin America Center, explored the risks for Mexican companies in the global economy.

During our breakout sessions, we examined the complexities of operating across borders, and the geopolitical and macroeconomic developments impacting multinational companies in Mexico — from digital currency and GDPR to trade policy and supply chain readiness .

Check out tweets and photos from the event below.

Meet Mexico City Keynote Speaker Federico Ranero

Our keynote speaker at Doing Business Globally program in Mexico City is Federico Ranero, General Manager at Uber Mexico. Federico oversees the operation, marketing, strategy and finance of the technological platform in Mexico.

“Latin America, and Mexico in particular, provides a wealth of opportunities for international companies looking to expand their global reach,” Federico said. “I look forward to exploring the complexities of operating in this region during Baker McKenzie’s Doing Business Globally program in Mexico City, as well as the macroeconomic developments that are influencing business decisions of companies operating in Mexico.”

Prior to his current role, Federico served as General Manager of Uber in West Mexico. He began his career at the consulting firm A.T. Kearney, where he specialized in the implementation of operational and strategic optimization projects.  After that, he served as Managing Director of Operations of Linio Mexico, where he directed high impact projects focused on the continuous improvement of payments, logistics, supplies, transportation and customer service.

Federico received his BBA in Entrepreneurial Management at Texas Christian University and his MBA at the University of Chicago’s Booth School of Business, with concentrations in Finance and Strategy.

Addressing the Challenges of Data Security and Privacy

As the May 25 implementation date for the EU’s General Data Protection Regulation (GDPR) quickly approaches, how can businesses in Mexico  prepare for this major regulatory change?

Our Doing Business Globally program in Mexico City will explore the impact of GDPR and other international regulatory developments during our Session II panel, “The Perfect Storm on Data Privacy and Security.” Panelists include Baker McKenzie lawyers and senior business executives, who will explore what companies are doing to prepare compliance in this rapidly evolving regulatory landscape.

Carlos Vela-Treviño, Baker McKenzie Partner

“We are seeing an increasingly complex maze of data regulations around the world, as digitalization continues to reshape how businesses operate,” said Carlos Vela-Treviño, a partner in Baker McKenzie’s Mexico City office who will serve as a panelist. “This panel will offer concrete strategies to help companies respond to GDPR and other regulatory changes.”

The panel will address several other data privacy and security challenges, including:

  • Counter-measures you may (and should not) attempt against cyber criminals.
  • Responding to data-theft incidents in a way that does not put your company at risk for regulatory involvement.
  • Navigating the data privacy class-action minefield.

Register for the program in Mexico City | Follow DBG on Twitter

Is Your Supply Chain Ready for Changes to Trade Policy?

Our Doing Business Globally program in Mexico City will explore how changes to trade policy may impact supply chains during our Session 1 discussion on “Is Your Supply Chain Ready for Changes to Trade Policy?”

This panel, featuring Baker McKenzie lawyers and senior business executives, will highlight recent developments on NAFTA, Pacific Alliance, TPP and other international trade agreements, while delivering practical steps for companies to navigate uncertainty and prepare their supply chains for all possible outcomes.

Adriana Ibarra Fernández, Baker McKenzie Partner

“Trade policy can significantly impact the way a company does business, particularly in terms of a company’s supply chain management,” said Adriana Ibarra Fernández, a Partner in Baker McKenzie’s Mexico City office who will serve as a panelist. “This panel is designed to help multinationals prepare for changes to trade policy and identify and manage supply chain risks.”

The panel will focus on:

  • The status of the renegotiation of NAFTA and how each of the players may react under various scenarios.
  • How the future of NAFTA may shape commercial relationships in key industries.
  • How recent developments on other major international trade agreements may impact multinationals operating in Mexico.

Register for the program in Mexico City | Follow DBG on Twitter

Registration Opens for Doing Business Globally in Mexico City

Registration is now open for Doing Business Globally in Mexico City.  This complimentary program will feature top legal advisors, thought leaders and senior executives at the forefront of global business, who will explore the complexities of operating across borders and examine the trends impacting multinational companies in Mexico. Federico Ranero, General Manager at Uber Mexico, will deliver the keynote address.

Baker McKenzie’s highly rated Doing Business Globally series unites a dynamic mix of business executives, in-house counsel and Baker McKenzie practitioners from around the world to exchange insights and network with fellow market leaders. Through a series of topical panels and interactive discussions, the program is designed to address the geopolitical and macroeconomic developments that are influencing cross-border business decisions.

View the program brochures and register for the event on our website. Plus, stay tuned for details on our India program on April 24.

Benefits of attending the program include:

Gain Insight From Global Thought Leaders
Learn practical tips and strategies from leading executives in Mexico. Hear how top companies are seizing opportunities and gaining a competitive advantage.

Customize Your Experience
Tailor your own itinerary and choose to attend the breakout panel sessions that are most relevant to your industry and business. Take advantage of opportunities for personalized discussions with Baker McKenzie practitioners to address your specific needs.

Build Your Global Network
Grow a network of invaluable contacts for benchmarking your business strategy, and
building your company and career. Learn and interact with market leaders during a half-day of programming and networking with industry peers.

Access Exclusive Publications
Enjoy exclusive complimentary access to legal publications and handbooks that highlight trends and analysis around specific countries and areas of law, authored by industry leaders.

Join the conversation on Twitter at @DBGInsights, and follow this blog for updates on our keynote speakers, panel sessions, and global business news and insights.

FAQ | DBG 2017 Highlights

That’s a Wrap on Doing Business Globally in Chicago and Dallas

The Doing Business Globally plenary panel in Dallas, moderated by Baker McKenzie partner Brian Hengesbaugh (left), discussed the impact of the Digital Age on businesses.

Our Doing Business Globally programs in Chicago and Dallas last week brought together senior business leaders and Baker McKenzie practitioners from around the world to discuss the legal and business challenges facing global companies in the Digital Age. The event drew more than 350 attendees, including dozens of general counsel, senior in-house counsel and other senior business executives.

Leading global futurist Jim Carroll provided thoughtful insights on the acceleration of risk in the era of disruption during his keynote address, while our panel sessions explored the complexities of operating on a global platform and the trends that will impact commercial decisions, providing concrete strategies to transform digital business models.

Read a full recap of DBG in Chicago and Dallas, and check out tweets and photos from the event. Plus, stay tuned for more details on our Mexico City program this spring.

 

Safeguarding Trade Secrets

Trade Secrets

Baker McKenzie Partners Jochen Herr, Shih Yann Loo and Jay Utley.

Our panel at Doing Business Globally in Dallas today discussed the importance of safeguarding trade secrets. Panelists included Baker McKenzie Partners Jochen Herr from Munich, Shih Yann Loo from Hong Kong and Jay Utley from Dallas.

Key takeaways from the group’s discussion:

  • Risk is rising every year and keeping a trade secret is becoming more difficult. “61 percent of senior executives we surveyed said trade secrets are a board level issue,” said Baker McKenzie partner Jay Utley, referencing the Firm’s report on the importance of trade secrets.
  • In the EU, countries have laws for trade secret protections, but it varies widely from one nation to another. According to Jochen Herr, dealing with trades secrets in the EU  requires a great deal of experience.
  • With over a billion people, China is an attractive place to set up R&D centers. Dealing with a trade secret can be highly complex in China, however, with court documents requiring notarization and legalization.

How can companies be prepared? The panel recommended this trade secret checklist:

  • Identify your trade secrets
  • Create and maintain a trade secrets inventory
  • Implement protective contractual, physical, technical and organizational measures
  • Create a misappropriation action plan

Tech, Data and Cross-Border M&A Deals

Cross Border MA Panel PhotoOur panel at Doing Business Globally in Dallas today discussed how to maximize tech and data in cross-border M&A deals. Panelists included Baker McKenzie lawyers Roger Bivans, Carole Spink and Lindsay Martin.

The group’s discussion covered the key data-related considerations in Valuation, Due Diligence, Drafting and Negotiating, and Closing and Integration.

Valuation

“How do you put a number on data privacy issues?” asked moderator and Baker McKenzie Partner Roger Bivans.

To assess the value, companies should determine the kind of data that may transfer as part of the transaction, and what the consequences would be if the data cannot be used. Also, businesses should consider cost and reputational risk of data security.

Due Diligence

“This is the time to get your arms around the who, what, when, where and why,” said Baker McKenzie associate Lindsay Martin.

To assess a deal from the perspective of data protection, data privacy, and IT considerations, companies are encouraged to consider 1) data to be transferred in the deal; 2) jurisdictions at issue and applicable laws where possible; and 3) how to obtain factual information about IT resources, data security, data needs and compliance.

Drafting & Negotiating

During the pre-close time, the sharing of personal data between the parties may require a data transfer agreement.

Parties may also limit data sharing by, for example, redacting personal data, providing only general or high level information or allowing only limited individuals at the acquiring company to view the data.

Getting the information can be challenging,” said Baker McKenzie partner Carole Spink.

Closing & Integration

Two main data areas to consider during closing are related to Human Resources and Customer information.

For HR data, companies should determine:

  • Where works council consultations or other discussions with employees should occur.
  • What notices of policies employees should receive post-close
  • Whether amendments to employment agreements are required

For Customer/Third Party Data, companies should determine:

  • What communications, if any, are required to consumers, customers, business
    partners, vendors, suppliers and other third parties
  • Whether privacy terms in contracts should be negotiated.

 

Analyzing the legal challenges for autonomous driving

Panelists at Doing Business Globally in Chicago on Nov. 7, 2017 discuss automated vehicles.

“We are witnessing a technological race,” a panel of Baker McKenzie attorneys and in-house counsel concurred during Doing Business Globally in Chicago today while sharing insights on automated driving systems (ADS) and self-driving vehicles.

The panel included Baker McKenzie attorneys Michael Stoker and Adam Aft from the Firm’s International Commercial Practice and Catherine Muir from its Litigation & Government Enforcement Practice.

A few highlights:

  • Many industry heads predict that driverless cars will become publicly available by 2021. In the long term, the goal is to make driving safer.
  • Car hacking is not new,  but the stakes are higher with automated vehicles. There are risks associated with the technology in terms of  increased complexity and connectivity.
  • The laws related to ADS-equipped vehicles are quickly evolving, and regulators are competing for regulatory authority.
  • There is no uniform approach to regulating ADS-equipped vehicles in the EU, and the majority of US states are silent on whether these vehicles are permissible.
  • Lawmakers are beginning to develop ethical frameworks for automated and connected vehicular traffic.

Also, watch a video the panelists shared during  their discussion on self-driving vehicles on the road today:

 

The Perfect Storm on Data Privacy and Cybersecurity

Panelists at Doing Business Globally in Chicago discuss the increased regulations surrounding data privacy and security.

At our Doing Business Globally program in Chicago today, a panel of Baker McKenzie attorneys and senior in-house counsel explored how growing amounts of data lead to more risks for businesses, as well as increased regulation and enforcement.

The panel included Baker McKenzie partners Brian Hengesbaugh, Teresa Michaud and David Callaway.

Here are some key takeaways from the discussion:

  • The security threat landscape is constantly shifting and changing, and new versions of malware continue to appear.
  • The global regulatory landscape is expanding and evolving, impacting businesses across industry sectors and in key jurisdictions around the world. The EU’s General Data Protection Regulation (GDPR) is one example.
  • Consequences of a privacy incident can include government investigations, consumer and employee class actions, shareholder derivative claims, adverse media attention and reputational harm.
  • Every global enterprise should evaluate its global privacy and cybersecurity risks from an advisory, transactional, and crisis management/disputes perspective.