The legal profession should stand ready to take full advantage of the opportunities presented by Brexit, Liz Truss, the Lord Chancellor, has told City lawyers and barristers.
Truss said she was working with David Davis, Brexit Secretary, to ensure international business continues to choose the UK for cross-border commercial dispute resolution.
She also highlighted measures to make full use of talent in the profession.
The Lord Chief Justice Lord Thomas said: “UK law firms continue to thrive overseas, while four of the world’s top ten global law firms have their headquarters in London as the centre of legal influence.
“The industry, which boosts the economy by some £25 billion year, is underpinned by the quality of our law and our lawyers, an incorruptible judiciary and the most modern courts in the world.”
The meeting was a roundtable held at Freshfields Bruckhaus Deringer to discuss social empowerment and mobility for those wishing to enter the profession, and growing opportunities for solicitors to enter the judiciary.
The government is to convene a Global
