A majority of UK law firms surveyed by risk specialist MLex have drawn up plans to move parts of their operations out of the UK once Brexit happens.

With Britain's future relationship with the EU unclear, 58% of law firms surveyed by MLex said they have already drawn up plans to move elements of their operations to a jurisdiction within the EU following Brexit. Forty-two percent of UK corporates said they would definitely relocate in-house legal staff after formal departure, the survey found.