Reuters has an interesting point for companies that export services (HERE). A survey of law firms by the Law Society showed many of their members were concerned about Brexit even if we managed to secure a tariff free arrangement to access the single market.
They were worried about non-tariff barriers. At the moment a UK law firm can offer services across the EU, selling this to US customers and vice versa. But if we leave EU rules about law firm being resident inside the EU will apply and prevent these legal services being offered by UK companies.
Either they will have to transfer to the continent with the loss of export potential or give up the EU work altogether.
Prospering like never before.
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