Nearly five months after the vote to leave the EU, dust still fills the air. Prime Minister Theresa May’s comments to Britain’s business leaders last week suggest that it won’t settle for many moons. May called Brexit “a once-in-a-generation moment to shape a new future” and said the process “will not be rushed.” May sympathized with companies’ need for more clarity, but reiterated “no running commentary on the negotiations,” and invited business input. Just a few questions linger for global in-house counsel.
Since my columns on June 23 (the U.K. referendum date) and the morning after, in-house legal and compliance leaders are showing far more clarity in their approaches to Brexit. Uncertainty reigns, but most agree that their companies must prepare, by considering various scenarios and the impact of potential outcomes.
What Global In-House Counsel Most Want to Know
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