Legal DOOM

[AtW]

GPD is typical pre covid boomer thinking, it's all about the happiness index now.

And in practical terms happiness can be scientifically measured as inverse of the number of complaints - which there won't be many on a post-Brexit Covid-20 graveyard...

[BlueSharp]

FTFY

GPD is typical pre covid boomer thinking, it's all about the happiness index now.

[Old Greg]

How is lower GDP, tax revenue and exports a bad thing? Let them eat fish!

FTFY

[AtW]

How is fewer lawyers a bad thing? Let them eat fish!

1.5% UK GDP - lawyers
0.1% - fishing (and they sell most catch to evil EUSSR)

[BlueSharp]

How is fewer lawyers a bad thing? Let them eat fish!

[scooterscot]

No problem, the UK will take back control of it's fishing, so losses of jobs in commercial law will be compensated by a growth in the fishing industry. Perhaps the offices could be converted into fish packing plants.

Yeah but when the growth of the fishing industry balances out the loss, who wants to eat 50 trillion tons of fish?

PS: How dare you flash around you FT subscription you elitist snob.

[AtW]

Lawyers will go fishing!

[BlasterBates]

No problem, the UK will take back control of it's fishing, so losses of jobs in commercial law will be compensated by a growth in the fishing industry. Perhaps the offices could be converted into fish packing plants.

[AtW]

“Britain has the largest legal sector in the EU and is second only to the US globally. It accounts for about 1.5 per cent of UK gross domestic product.

London is the EU’s hub for settling cross-border civil and commercial legal disputes, while British lawyers provide advice throughout the bloc on mergers and acquisitions and other business activities.

“Do we really want the UK to remain a centre for commercial litigation for the EU, when we could attract these services here?” said Mr Barnier last month.“

Subscribe to read | Financial Times