Thank you for sharing!

Your article was successfully shared with the contacts you provided.

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.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

Business Separation Transactions: Spin-Offs, Subsidiary IPOs and Tracking StockBook

This book explains the objectives underlying these transactions, the techniques used, and the consequences for all parties.

Get More Information

You Can't Manage It If You Don't Measure It

How are you illustrating differentiation to clients and potential lateral targets? How are you measuring performance against peers? Use Legal Compass to benchmark a firm against its competitors, unearthing unique insights about performance, partner retention, market penetration and more. Click to log in, or begin your free trial.

Get More Information

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.