Brexit accelerates the pace of change
For businesses and law firms with a footprint in the United Kingdom and the European Union, 2020 brought seismic changes. The UK left the EU on 31 January 2020, and the transition period and transitional arrangements under the withdrawal agreement came to an end on 31 December 2020.
The business implications of Brexit will continue to unwind and evolve for some time and will affect businesses in numerous sectors. Lawyers advising businesses must quickly and confidently ascertain what changes are occurring, what’s on the horizon, and what to do about it.
Looking at the changes that have taken place in several practice areas, this special report addresses the fundamental challenge of Brexit facing lawyers: staying abreast of changes in the UK and EU as legislation and regulations diverge.
Drawing on expert insights from Practical Law editors, this special report lays out the implications of legislative and regulatory changes brought about by Brexit as they apply to:
- Retaining and attracting talent
- Your company’s intellectual property
- Data protection regimes in the UK and EU
- Diverging regulatory and compliance in financial services
- The changing landscape of dispute resolution
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