UK Launches English Law Promotion Panel as Lammy Chairs First Meeting in London
The group will draft an international promotion strategy backed by new research to secure growth in a £42.6bn legal services sector.
Overview
- Deputy Prime Minister and Lord Chancellor David Lammy convened the inaugural session at the International Dispute Resolution Centre in London.
- Formed under the Modern Industrial Strategy, the panel will work to reinforce English law as a preferred choice for cross-border contracts and dispute resolution.
- The roughly 20-member group includes leaders from the Law Society, Bar Council, LegalUK, LawtechUK, senior judiciary, arbitration bodies, the CBI and TheCityUK.
- English law underpins £250bn in global mergers and acquisitions and about 40% of global corporate arbitrations, with UK legal exports at roughly £9.8bn a year.
- The panel’s mandate includes commissioning evidence-led research to identify international opportunities and guide a coordinated promotion plan.