Complex process of UK’s withdrawal from the European Union has commenced
History was made this week when Prime Minister Theresa May triggered Art 50, commencing the UK’s exit from the EU.
On 29 March a letter signed by May was delivered to EU Council President Donald Tusk in Brussels, informing him that Britain is formally invoking its rights under Art 50 of the Lisbon Treaty.
Hugh Mercer QC, of Essex Court Chambers, who chairs the Bar Council’s Brexit Working Group, said: “The giving of notice under Art 50 is the beginning of a process, or perhaps the end of the beginning.
“It sets time running for the two-year period after which the EU treaties no longer apply to the UK. It is to be hoped that an agreement with the EU, in all likelihood a transitional agreement, will be reached within that time limit.
“I would expect there to be informed debate at a political level on the options open to the UK which are less than EU membership.”
Lawyers have called for reciprocal arrangements to allow UK lawyers to practise in the EU, and vice versa, as well as continued recognition of civil and commercial judgments.
The most important element of law is the certainty it brings, says NLJ consultant editor David Greene and senior partner at Edwin Coe LLP. Greene writes in NLJ this week of the enormous complexities that lie ahead, from negotiating a deal for reciprocal rights to navigating the “web of integrating Directives and Regulations and consequent primary and secondary domestic legislation”.
“Dealing with all this in 18 months is an impossible task, particularly if the EU 27 member states don’t play ball and we will need a transition period, perhaps as a European Free Trade Association member,” he says.
“What happens to the profession will largely be in the hands of our clients. Their interests are our interests. Thus, for instance, keeping London’s primary place as the provider of financial services to the world will affect many firms.”
Greene believes lawyers will adapt to their clients’ needs and that the profession will meet the challenge with imagination and enterprise.
