
Brexit & transition. Prepare for the worst & hope for the best, says David Greene
The Brexit negotiations enter a new stage and drop away from the headlines as the negotiators get down to the detail. The Transitional Agreement (TA), albeit not yet in its final form, adding just short of two years to the exit process has calmed slightly the exit jitters for business and law firms promising the general retention of the status quo until December 2020. As we debated, however, earlier this month in a session with the French and Paris Bar in London businesses and law firms in the UK are still preparing for a no deal exit, just in case. Our French colleagues reassured us for the future that a positive deal will be done but positive for who? And what will happen if a deal is not reached? Subject to that what have we established and what does the future hold for civil justice and judicial co-operation and for firms?
The transition
The Transition/Implementation deal or more formally the transitional elements of the draft Withdrawal Agreement is, like