Joint ventures with foreign partners can be an effective way to enter new markets, share costs, and combine complementary capabilities, but they also introduce added complexity around control, culture, and regulatory exposure. This roundtable looks at common pitfalls and practical guardrails, such as how to set clear governance and decision rights, protect IP and data, manage compliance across jurisdictions, and avoid deadlocks or misaligned incentives, in order for GCs to pressure-test JV structures before issues become expensive to unwind.