What action should your firm be taking in a no-deal scenario?
The Law Society has published a series of papers for solicitors in the event of a no-deal Brexit. In that scenario, the EU and UK will have failed to sign both a Withdrawal Agreement (governing the terms of the UK’s departure from the EU) as well as an agreement governing the future relationship between the two parties. This will mean the UK leaves the EU with no arrangements on civil and commercial cooperation on 29 March 2019.
To support members, the Law Society has provided guidance on what steps solicitors can take in a no-deal scenario, including the impact of the loss of judicial cooperation mechanisms such as:
- Brussels I Regulation
- Lugano Convention
- Insolvency Regulation
- other civil cooperation mechanisms including the Motor Insurance Directive.
The Law Society has also provided guidance on providing legal services in the EU, data protection and family law.