Leaving the EU without a deal could drain £ 3.5bn ( $ 4.3bn ) off the UK 's legal services sector , according to the Law Society . A no - deal clause would hamper UK lawyers attempting to work in the EU , as well as driving away law students from the EU considering studying in the UK , the association 's UK - EU future partnership and legal services report claimed . The estimated figure is 10 % higher than the estimated revenue loss for an orderly Brexit to the country 's £ 27bn legal sector , due to the potential complexities of practising in the EU under World Trade Organization rules .
Leaving the EU without a deal could shave £3.5bn ($4.3bn) off the UK's legal services sector, according to the Law Society. A no-deal Brexit would hamper UK lawyers attempting to work in the EU, as well as driving away law students from the EU considering studying in the UK, the association's UK-EU future partnership and legal services report claimed. The estimated figure is 10% higher than the forecast revenue loss for an orderly Brexit to the country's £27bn legal sector, due to the potential complexities of practising in the EU under World Trade Organization rules.