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With just over 200 days to go until Brexit, Law.com’s U.K.-affiliate Legal Week recently gauged the mood among London partners on the likely impact of the U.K.’s impending withdrawal from the EU, as the prospect of a no-deal outcome begins to look like more of a reality.

While in public, law firms have been keen to trumpet the “business as usual” line and play down fears that Brexit could lead to job cuts and reduced revenues. But our Big Question survey found that in private, many lawyers are feeling much less confident.

About 75 percent of respondents were in favor of a second referendum, and more than 70 percent said Brexit would hamstring U.K. law firms in the war for talent, making them even more vulnerable to the competitive threat presented by U.S. firms courting their top rainmakers.

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