The UK legal services market could experience a 10% fall in revenue following a no-deal Brexit, according to a Law Society report, labelled by one City partner as ‘sensationalist’.
The findings, published today (1 August), predict that the UK legal sector would see a £3.5bn decrease in turnover, as well as 10,000 job cuts, if the UK leaves the European Union on 31 October without a deal.
