On the day of the UK’s departure from the EU, David Greene writing in the New Law Journal, examines the short-term challenges that we should be braced to address to ensure the UK’s position as a primary global legal centre post-Brexit.
On Friday 31 January the UK leaves the EU. It would be fair to say that this is not an outcome with which all agree, but it is happening, and for good or bad the profession has to work with the event and the consequences. Being entrepreneurial the profession will work to best effect to ensure as smooth a passage as possible to the next stage.
We have 11 months of ‘transition’ which means that while we will have left the Union it will be as though we were still a member for almost all legislative purposes. Sadly our departure has immediate effect in the European Court of Justice (ECJ) where the UK judges leave now despite the ECJ continuing to have jurisdiction in the transition period.
A second piece in this week’s NCJ “Countdown to Brexit day” looks ahead to the 11-month ‘transition’ period with the UK’s future beyond then unknown, undecided and up for negotiation.
To read the full article, please click here.