The issue on every European partner’s lips in our Global London report in 2016 was the outcome and fallout of the UK’s Brexit referendum on 23 June that year. Even then, just a few months before the vote, there was a palpable hope that Britain would not do the unthinkable. Those hopes were soon dashed. With the transition period ending on 31 December 2020, the UK has officially left the EU. What does this mean for the London strategies of European firms that have maintained small but effective London offices? Is it time to pack their bags?
Despite the uncertainties non-US firms based in the City have faced in the past five years, there is notable confidence over the importance of the location and the sustainability of a London practice beyond 2021. Continue reading “Global London: Non-US firms in London – On standby”
LexCase’s Diane Bandon-Tourret and Esther Vogel on the newly restructured early access mechanism for medicine products in France
The French Social Security Financing Law (LFSS) for 2021 restructured the entire early access mechanism for medicine products. Continue reading “Sponsored briefing: Life sciences market in France: Early access of medicines reform for 2021”
‘What has happened to us?’ An M&A veteran shakes his head incredulously, having uttered the now ubiquitous phrase: ‘stay safe’ to conclude a Zoom call with Legal Business.
This time last year, rainmakers could hardly have imagined being forced into a neverending merry-go-round of video conferencing, let alone ending each conversation with something reminiscent of a BBC Crimewatch catchphrase. Continue reading “Global 100 European M&A focus: Riding a black swan”
Legal Business’ last deep delve into the Irish legal market revealed a country on the rebound. Since the country’s exit from a bailout package cobbled together by the European Commission, the European Central Bank and the International Monetary Fund, the island of Ireland had proven itself robust.
By 2019 that recovery looked even more assured: GDP grew a strong 5.5%, making it six consecutive years as Europe’s fastest-growing economy. For comparison, Hungary was closest last year to matching its pace with a growth of 4.9%. Sure, the persistent gnaw of uncertainty could be felt as Brexit loomed ever larger, but the feeling was after years of forewarning, Irish business was as prepared as it could be in the face of a tumultuous but manageable 2020. Continue reading “Ireland: No luck required”