Lost touch with the business of Brexit?

December 1, 2020

Muckle LLP, the North East’s leading independent law firm for businesses, is running a series of Brexit podcasts that talk organisations through the various potential outcomes as the end of the transition period approaches.

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The UK left the EU on January 31, 2020.

While we continue to follow the bloc’s rules until the end of the year, that will all change on January 1, 2021.

The Brexit podcasts are being led by commercial lawyers Luke Donockley and Robin Adams, as part of Muckle LLP’s successful Legal Spectrum Podcast series that is available on Spotify, Buzzsprout and a host of other platforms.

The short sessions, around 20 minutes long, are designed to give businesses confidence by clearly talking through all the key aspects of the moment and providing practical pointers on the best approach to a range of scenarios.

Solicitor Luke Donockley says: “We’ve reached the business end of Brexit.

“We are ‘getting Brexit done’.

“But just how it gets done is still, at the time of writing, a matter of some uncertainty.

“COVID-19 has of course been a tragic interruption. Instead of preparing for Brexit, business survival has been an all-consuming objective for many organisations, with little time to spare on planning for the end of the transition period.

“So what can businesses do, in practical terms, to make sure they hit the ground running on January 1 when new rules come into play?

“As a law firm for businesses, Muckle is always concerned with helping clients get the best commercial outcome”

“We’re aiming to answer that question with this series of podcasts and provide businesses with some clarity so they can feel more confident and ready to cope with the changes,” continues Luke.

“Europe will continue to be an extremely important trading partner and any deal between the UK and EU would need to be ratified by parliaments on both sides, so time is running out for an agreement to be reached and to get the sign-off before December 31.

“If there is no agreement at that point, trade between the two will default to World Trade Organization (WTO) rules – with tariffs set to be introduced on many imports and exports, which could push up costs.

“There are still many questions to be answered, and in these podcasts, we’re focusing on what the end of the Brexit transition period really means to businesses on a practical level.

“For example, what will trading on WTO rules actually look like and what can you do to prepare for what comes next?

“As a law firm for businesses, Muckle is always concerned with helping clients get the best commercial outcome,” adds Luke.

“These podcasts are no exception. We’ve kept them short and accessible to businesspeople on every level and they provide an opportunity to get up to speed on the key issues as they stand at the moment.”

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