The Law Society, which represents solicitors in England and Wales, and the Bar Council, which represents barristers in England and Wales, have welcomed the Government’s action plan, UK Legal Services on the International Stage: Underpinning Growth and Stability.
The plan, which will be launched on Thursday, by the Lord Chancellor, sets out a blueprint for promoting UK legal services internationally.
The UK legal services market is worth £26.8bn and employs up to 320,000 people in England and Wales alone. It contributes a net £3bn to the UK’s balance of trade.
Law Society deputy vice president Andrew Caplen said:
“The Law Society welcomes the commitment of the Government and the Lord Chancellor in championing the legal sector. By working together with the Government, the Bar Council and others with an interest in promoting professional services, we can help secure a greater share of the global legal services market.
“For the global economy to recover from the worst crisis in many years, trade and investment are central to re-generating strong, sustainable and balanced growth in the UK and overseas. This cannot be done without solicitors.
“Our solicitors are already developing wider networks and relations with firms overseas, internationalising their operations, and taking advantage of the benefits of English law to assist their clients, whoever they are and wherever they are. London has a central role in advising businesses in emerging markets as they continue to drive global recovery.”
Chairman of the Bar, Maura McGowan QC, said:
“The Bar Council is committed to working with the Government to promote the value of the legal services sector. In this jurisdiction we have Judges and practitioners, renowned for their integrity, skill and expertise, who are respected all over the world. Our support of, and adherence to, the Rule of Law is something of which we are justifiably very proud.
“We welcome the Government’s interest in exporting English law and seeking to create an environment in which the Bar, which is largely made up of self-employed professionals, can flourish.
“We look forward to working with our colleagues at the Law Society to represent the profession as a whole and to take this plan forward.”
14 March 2013