Law Society says Brexit negotiations must ‘preserve the rights’ of the legal sector

16 February, 2017

In a report entitled Brexit and the law, the Law Society has called upon the Government to ‘preserve the rights’ of the UK’s £26billion legal sector during Brexit negotiations with the European Union (EU).

The full report, which can be accessed here urges the Government to:

  • Consider continued access for UK solicitors to practise in EU member states.
  • Maintain mutual recognition and enforcements of judgements.
  • Collaborate with the EU in terms of security, policing and criminal justice.
  • Promote England and Wales as a ‘jurisdiction of choice’.

The Society’s report reads: “From the legal sector’s view, continued free movement would be beneficial economically, but we of course recognise that there is a competing public policy commitment to control immigration”.

Robert Bourns, President of the Law Society, added: “The legal sector underpins the UK economy – and not just because it is worth more than £25.7 billion in its own right.

“In every part of the economy people rely on the advice and support of solicitors.

“A 1 per cent growth in the legal services market creates 8,000 jobs. Each £1 of additional turnover stimulates £1.39 in the rest of the economy. And the legal economy grew by 8 per cent last year.”

For more information about the tax and financial services Watson Buckle can provide to clients in the legal sector, please contact us.