For many UK lawyers an understanding of both the British and European laws is imperative. With the Brexit, the need for European legal issues is in high demand, but not in Britain.
A ‘magic circle’ of legal firms register their solicitors so that they may practise in European law by moving to Ireland. Some of these legal firms include some of the UK’s largest including Freshfields, Hogan Lovells, Slaughter and May, and Allen & Overy have voiced out that their applicants join solicitors in the Republic of Ireland.
Slaughter and May had first funded their Brussels-based competition partners to join in the Republic of Ireland. Meanwhile, Freshfields and Hogan Lovells encouraged some of their partners to follow suit.
Eversheds also plan to launch their own Eversheds Consulting in Ireland with a Dublin team led by litigation partner Pamela O’Neill.
So far this year, 219 English solicitors have been admitted to the Roll of Solicitors in Ireland — compared with 70 in 2015. The Law Society says the vast majority of lawyers have cited Brexit as their primary reason for seeking admission in Ireland.
Under the rules, solicitors who have qualified in England, Wales and Northern Ireland can undergo a two-step process that allows them to practise as solicitors in Ireland.