UK lawyers permitted to practice in Luxembourg
By Law News
English and Welsh solicitors can now register to practise in Luxembourg after the country passed a new law implementing the EU-UK Trade and Cooperation Agreement
Since the end of the Brexit transition period on 31 December 2020, it has not been possible for UK qualified lawyers to establish in Luxembourg. But on 29 June, the Luxembourg parliament voted into law a bill implementing article 194 of the EU-UK Trade and Cooperation Agreement (TCA).
According to a press release from the Law Society, this followed "productive conversations" between the organisation and local representatives in Luxembourg.
The value of legal services exports to Luxembourg is estimated at approximately £300 million per year.
Under the new legislation, UK qualified lawyers can register with the Luxembourg Bar to practise UK and public international law.
“We are pleased that the bill has been introduced following a series of productive conversations we have been having with representatives in Luxembourg, the UK government and the European Commission,” said Law Society President Lubna Shuja.
“The new law will benefit not only our members but also the wider economy and sets an important precedent for the TCA to be implemented in other EU member states.”