The Brexposure tool manages to break down the enormity of Brexit to enable any business to identify specific legal areas that they may need to look at further in order to strategically set about planning for Brexit.
LONDON (PRWEB UK) 21 November 2017
The tool is primarily aimed at owner managed businesses and SMEs with operations in the UK or EU 27 countries. It is designed to help businesses identify the potential areas of risk in the key areas of employment, immigration, financial, trading, intellectual property and data. The report results will be updated as and when the picture changes which will enable respondents to be kept abreast of developments which may impact their business.
“The tool is designed to give businesses an instant real-time evaluation of their Brexit risk from the information they provide about their organisation. Whilst the tool is not intended to provide legal advice, it sets out the key areas of risk by urgency level ensuring that businesses know the practical actions that need to be taken now as a matter of priority. We believe we are first legal network in the world to provide an online tool that provides this information instantly to clients”
Adam Cooke, Multilaw Executive Director.
The innovation is part of a wider initiative from Multilaw to provide a network wide response to assist clients in dealing with the uncertainties of Brexit. Multilaw has formed a dedicated Brexit Response Team to provide commercial and practical solutions in planning and implementing an effective Brexit strategy wherever the client is based. The core team is comprised of experts from member firms in the UK, Ireland and Germany and in addition to the core team, there are also dedicated Brexit contacts from 29 member firms across Europe.
Andy McConnell of Irish member firm Philip Lee is the Multilaw board member responsible for business development and is part of the Multilaw Brexit Response Team. He commented:
“At Philip Lee, we are receiving daily queries from clients relating to Brexit, from Irish, UK and international businesses. Regardless of their origin, they all have one common theme - how does my business hedge against the impact of Brexit? The Brexposure tool manages to break down the enormity of Brexit to enable any business to identify specific legal areas that they may need to look at further in order to strategically set about planning for Brexit. This is a great example of Multilaw in action - harnessing international legal expertise to provide clients with practical solutions”
Multilaw Brexit Resources
Brexposure Tool & Resources Page
Multilaw Brexit Response Team
Gemma Davis, Penningtons Manches LLP, UK
Adam McGiveron, Shakespeare Martineau, UK
Andy McConnell, Philip Lee, Ireland
Sven Hoffmann, Heussen, Germany
Gregor Wedell, Schalast, Germany
Founded in 1990 and headquartered in London, Multilaw is a global network of independent law firms, with 90 member firms operating in more than 100 countries. Multilaw’s mission is to assist and support its member firms so that they can provide a better service to their clients, generate new business and develop and improve their practices.
For the third year in a row, it has been ranked in the “Elite” band of global networks by the 2017 Chambers Global Guide (one of only ten international networks to have achieved Elite band recognition for 2017). Multilaw was also awarded the title ‘Global Network of the Year’ by the Lawyer publication in 2017.
Member firms are carefully chosen with a comprehensive due diligence process to ensure that prospective firms meet strict joining criteria and can service the full needs of the typical international business client before being admitted as a member. Existing member firms are also subject to a rigorous appraisal process every three years to ensure that they continue to be the best fit for their jurisdictions.
Further information on the network and its member firms can be found at http://www.multilaw.com