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Legal sector 'at risk' without Brexit guarantees |
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#1 |
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Legal sector 'at risk' without Brexit guarantees
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 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 My bolding |
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#2 |
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Join Date: Oct 2003
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So the lawyers are worried that the various sensible suggestions of recprocity and security for people already with jobs and/or residency and a whole load of other sensible things that have been put forward by the UK and shat back with a flat 'we do not negotiate with departers' rejection might not happen?
IIRC Theresa May put forward a suggestion for things to have some form of sensible continuity without requiring mass deportations and is still waiting for a civilised answer. The 'no negotiations until A50 is triggered' is a sign that people over in the EU are at least as unprepared for any of it as we are. The suggestion of an offer in principle has been made and all that is needed is a suggestion of a hint that it might be acceptable, no actual 'negotiation' there, just a bit of pre-negotiation 'we would actually like to try and make this work for everyone without deliberately aggravating the situation' smoothing of waters. |
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#3 |
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Quote:
So the lawyers are worried that the various sensible suggestions of recprocity and security for people already with jobs and/or residency and a whole load of other sensible things that have been put forward by the UK and shat back with a flat 'we do not negotiate with departers' rejection might not happen?
IIRC Theresa May put forward a suggestion for things to have some form of sensible continuity without requiring mass deportations and is still waiting for a civilised answer. The 'no negotiations until A50 is triggered' is a sign that people over in the EU are at least as unprepared for any of it as we are. |
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#4 |
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I hope you realise that we are leaving the EU, no matter how many threads you post.
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#5 |
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Quote:
Not just jobs and people, enforcing corporate laws across the EU as well.
Brexit will keep the lawyers in business for decades to come, even after it has happened. Companies have managed to operate in different jurisdictions before now. What a crazy world, eh. |
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#6 |
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Quote:
So like everyone else if they don't already have a PO Box in a continental city, they should get a move on and rent one.
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#7 |
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Join Date: May 2011
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Quote:
A new report by lobby group TheCityUK says the £26bn sector will suffer if it loses "mutual enforcement" rules.
That's what they should be jumping up and down about. Public sympathy for their "plight" will be at an all time low.
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#8 |
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Join Date: Sep 2003
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Something for the negotiations and if both parties are happy to the present arrangements can remain in place post Brexit.
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#9 |
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Quote:
That's what they should be jumping up and down about. Public sympathy for their "plight" will be at an all time low.
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#10 |
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So if it was so simple why don't all these firms move the headquarters to countries that have 0% corporation tax rates and have a PO Box in London?
The general staff don't have to be in the same place as the registered office, or the accounting department, or the legal department, and that's assuming you haven't outsourced and/or offshored these functions anyway. |
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#11 |
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Yeah who needs all those lawyers paying all that tax.
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#12 |
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#13 |
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Quote:
Please explain this
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#14 |
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Are we supposed to feel sorry for Lawyers now?
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#15 |
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Quote:
Are we supposed to feel sorry for Lawyers now?
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#16 |
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I think that the remark was based on the principle that lawyers are a drain, not a source.
One might as well say that the people who build roads, or gaslines, or airplanes are a drain not a resource. The easy ignorance of the brexit masses, eh?... |
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#17 |
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Spam! Spam! Spam! Spam!
Lovely Spaaam! Wonderful Spaaam! Lovely Spaaam! Wonderful Spam. Spa-a-a-a-a-a-a-am. Spa-a-a-a-a-a-a-am. Spa-a-a-a-a-a-a-am. Spa-a-a-a-a-a-a-am. |
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#18 |
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The easy ignorance of the brexit masses, eh?...
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". So how can English Law have 'primacy', if we're obliged to "recognise and enforce each others' law"? So special pleading from lawyers who can't/won't travel I guess, and more billable hours for lawyers looking at contracts and jurisdiction. |
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#19 |
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... but rather, the facilitators of multi billion pound international industries advising foreign and home based conglomerates. ...
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The easy ignorance of the brexit masses, eh?...
Matched by the arrogance of the remoaning elite, both are as obnoxious as the other, the only difference is the brexiters don't do the sneering superiority thing which is what provokes the responses.I'm somewhere between 'skeptical remainer' and 'sympathetic leaver', barely room for a cigarette paper so I can understand the confusion. People unwisely assume that objection means 'other side'. It is, and will continue to be, unstated. It's not the result people need to get over, it's *themselves*. |
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#20 |
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Because their predecessors made sure there would be plenty for them to do. It's called 'productive legacy'.
Matched by the arrogance of the remoaning elite, both are as obnoxious as the other, the only difference is the brexiters don't do the sneering superiority thing which is what provokes the responses. I'm somewhere between 'skeptical remainer' and 'sympathetic leaver', barely room for a cigarette paper so I can understand the confusion. People unwisely assume that objection means 'other side'. It is, and will continue to be, unstated. It's not the result people need to get over, it's *themselves*. In your world, lawyers are all huxters, doctors are all quacks and experts of whatever sort are fools, unless and of course they conveniently share your world view. Its easy to paint me and others like me as a self declared, morally superior, supposed "big shot" lawyer, as someone did above. I actually declare none of these things but merely recount my perfectly legitimate viewpoint, being that many who voted Brexit have blown off one or perhaps both of their own feet but are too busy admiring their prosthetic to realise the extent of their own disability. Time will tell. I can't help the fact that a decent proportion of those who voted Brexit are low income earners, poorly educated and from economically deprived areas. This isn't intended as an insult to those people, its just a fact and why we elect MP's to represent us. My dustman is entitled to a viewpoint the same as me but with all due respect, I don't want him setting foreign policy, or requiring my MP to do so. |
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#21 |
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Quote:
I prefer the ignorance of lobbyists-
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". So how can English Law have 'primacy', if we're obliged to "recognise and enforce each others' law"? So special pleading from lawyers who can't/won't travel I guess, and more billable hours for lawyers looking at contracts and jurisdiction. This is a reference to the cross border enforcement of laws. Simple example; if I have a contact under UK law for the provision of widgets to a client in Poland and secure a judgement here for their breach of contract, I need to enforce it in Poland. Or vice versa, dependent on the terms of said contract. Or do you think that Polish suppliers of widgets to the UK should not be able to sue their client here for breach of contract I'm guessing you have no idea how difficult and expensive and sometimes impossible it is to enforce contracts in cross border jurisdictions, or why this is so very important to the UK economy. The EU has made this easy, within its borders. There is a massive UK law industry; international companies and high net worth individuals fight to litigate here because the Courts are trusted. This will cease if we can't guarantee cross border enforcement. This is not a simple matter, as history illustrates. |
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#22 |
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Join Date: Feb 2007
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Quote:
This sort of CT conspiracy to the effect of "lawyers feather their own nest and perpetuate this by making life necessarily complex by pulling the wool over our foolish eyes" is complete and utter garbage; the very fact you're prepared to make such patently silly and dare I say ignorant asserions illustrates you understand little of the big commercial world and puts you up there with 9/11 "truthers".
In your world, lawyers are all huxters, doctors are all quacks and experts of whatever sort are fools, unless and of course they conveniently share your world view. Its easy to paint me and others like me as a self declared, morally superior, supposed "big shot" lawyer, as someone did above. I actually declare none of these things but merely recount my perfectly legitimate viewpoint, being that many who voted Brexit have blown off one or perhaps both of their own feet but are too busy admiring their prosthetic to realise the extent of their own disability. Time will tell. I can't help the fact that a decent proportion of those who voted Brexit are low income earners, poorly educated and from economically deprived areas. This isn't intended as an insult to those people, its just a fact and why we elect MP's to represent us. My dustman is entitled to a viewpoint the same as me but with all due respect, I don't want him setting foreign policy, or requiring my MP to do so. |
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#23 |
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Join Date: Oct 2008
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Sorry, but your last paragraph is slightly lost, given that your dustman et al is able to vote in all elections and can thus influence what government we have.
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#24 |
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Influence government, yes, not impose a decision to leave the biggest trading bloc in the world (and if IDS etc get their way every other vestige of cross European cooperation).
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#25 |
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Join Date: Sep 2003
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Quote:
I can't help the fact that a decent proportion of those who voted Brexit are low income earners, poorly educated and from economically deprived areas. This isn't intended as an insult to those people, its just a fact and why we elect MP's to represent us. My dustman is entitled to a viewpoint the same as me but with all due respect, I don't want him setting foreign policy, or requiring my MP to do so.
The fact is a referendum is just what it is and doesn't require MPs to represent us as the decision is taken by the electorate. |
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