Well, there you have it – a textbook example of why referendums, compared to parliamentary sovereignty, are a really bad idea.
Continue reading “LB’s Brexit take: City law’s globalisation playbook has just been shredded”
Brexit live blog: ‘I went to bed confident and woke up shell shocked’ – City heavyweights react to unexpected decision
City partners fear a shock referendum result which saw Britain vote to leave the European Union may see businesses relocate and make it harder to UK law firms to invest abroad. Meanwhile City litigators are confident London will maintain its status as a leading disputes hub.
This blog will be updated throughout the day.
Scottish Brexit reaction: Firm leaders urge calm in an even more uncertain environment
With First Minister Nicola Sturgeon calling for a second Scottish referendum on UK independence amid Scottish voters overwhelmingly backing a vote to remain in the EU by 62% to 38%, law firm leaders in Scotland have urged for composure in a region which is likely to see a longer period of uncertainty than the rest of the country. Continue reading “Scottish Brexit reaction: Firm leaders urge calm in an even more uncertain environment”
The profession reels as shock Brexit vote sends UK crashing out of EU… and into years of uncertainty
European integration was the bedrock for City law firms’ dramatic globalisation during the 1990s and 2000s but yesterday’s shock vote on the European Union referendum has sent shockwaves through the nation and the profession.
Comment: A slightly updated view from 2015 – ‘Unless you hear trumpets, Brexit doesn’t stack up’
Ahead of the 2015 general election, Legal Business assessed the policy pledges of the main parties, including the prospects for an EU referendum.
Guest post: The tax position of out campaign funders
If you click here you can see a link to the Electoral Commission list of donations to referendum participants arranged by size.
Continue reading “Guest post: The tax position of out campaign funders”
Law firm leaders line up alongside City’s biggest executives in last ditch attempt to prevent Brexit
Ten prominent law firm leaders have signed a letter urging voters against voting for Brexit in the UK referendum on its EU membership tomorrow.
Brexit battle: Nissan engages Lewis Silkin to sue Vote Leave campaign
Lewis Silkin is representing Nissan as it applies for an injunction against pro-Brexit campaign group Vote Leave.
Continue reading “Brexit battle: Nissan engages Lewis Silkin to sue Vote Leave campaign”
Brexit fears: Record number of UK solicitors seek admission in Ireland
New figures from the Law Society of Ireland have revealed that in the first six months of 2016, a record-breaking 186 solicitors from the UK have been admitted to practice in Ireland.
Continue reading “Brexit fears: Record number of UK solicitors seek admission in Ireland”
‘A fundamental change’: Bar Council sets out legal impact of Brexit in neutral report
The Bar Council has published an analysis of the impacts of Brexit in an attempt to provide a neutral analysis of the debate. Leaving the European Union would be ‘extremely complex’ with the need to introduce new rules if Britain is to remain in the European Single Market, according to the report.