Legal aspects for companies resulting from Brexit

Legal aspects for companies resulting from Brexit

The top seven concerns of legal company counsels are:

  • Cross border litigation
  • IP rights / protecting 
  • European trademarks / trademark protection 
  • Transfer of employees 
  • Tax
  • Personal data/ data protection 
  • How much the legal system is likely to change 

It’s not all doom and gloom

  1. There will be no freezing of legal spend, if anything spend will increase which is good news, with many legal, advisory and technology firms receiving more enquiries this weekend from European clients than ever before


  1. In some of the more traditionally stagnant areas, such as employment law, it means there will actually be more reviewing of panels than previously planned


  1. So all in all, it looks like a vibrant time for the legal markets, creating big winners and losers – but mainly lots of opportunities! These findings are based upon recent contacts with Counsels by The Legal Exchange Network, and these will also be discussed at the Corporate Counsel Exchange (10-11 October  11-12, 2016 in Berlin, Germany) will be gathering 80 of the most prominent General Counsel in October who will be looking to invest in more legal services and solutions than ever before to overcome the new challenges that Brexit has brought.

See also TextileFuture’s Event Calendar

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