Now it is the legal sector warning of the impact of Brexit
Legal sector 'at risk' without Brexit guarantees
http://www.bbc.co.uk/news/business-38371971
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My bolding
Legal sector 'at risk' without Brexit guarantees
http://www.bbc.co.uk/news/business-38371971
Quote:
“The UK's large legal services sector warns it could be at risk if the government fails to secure guarantees for it after Brexit.
A new report by lobby group TheCityUK says the £26bn sector will suffer if it loses "mutual enforcement" rules.
These require EU member states to recognise and enforce each others' law.
It says losing this would make the UK a "less attractive" place for global businesses to resolve legal disputes and draw up commercial contracts.
The group is asking the government to find a regulatory alternative that will allow this mutual enforcement to continue, or risk degrading the "primacy of English law".
TheCityUK also wants to retain the free movement of people for the legal profession.
The report says the UK legal services sector employs 370,000 people. More than 200 foreign law firms operate in the UK and employ in excess of 10,000 people”
“The UK's large legal services sector warns it could be at risk if the government fails to secure guarantees for it after Brexit.
A new report by lobby group TheCityUK says the £26bn sector will suffer if it loses "mutual enforcement" rules.
These require EU member states to recognise and enforce each others' law.
It says losing this would make the UK a "less attractive" place for global businesses to resolve legal disputes and draw up commercial contracts.
The group is asking the government to find a regulatory alternative that will allow this mutual enforcement to continue, or risk degrading the "primacy of English law".
TheCityUK also wants to retain the free movement of people for the legal profession.
The report says the UK legal services sector employs 370,000 people. More than 200 foreign law firms operate in the UK and employ in excess of 10,000 people”
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My bolding



