UK legal services thrive post-Brexit |
The UK's legal services trade balance has increased significantly, rising from £4.8bn in 2020 to over £7.4bn last year, according to the Law Society. Legal exports surged by 44%, reaching £9.02bn. The primary markets include the EU and the US, valued at nearly £3bn and £2.6bn, respectively. Richard Atkinson, president of the Law Society, commented: "London's world-leading commercial dispute courts . . . fuel the UK economy." However, he cautioned against complacency, urging the government to invest in court infrastructure to maintain the UK's global standing in legal services. |
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