The Law Society of England and Wales secured vital funding
provided by the Department for Business & Trade (DBT) to
expand market access for UK solicitors and law firms operating in
California and Florida. UK lawyers provide world class expertise
and we're excited to explore opportunities for them to strengthen
the US legal market.
The fund is provided by the DBT's Market Access Programme and is
available to trade experts and embassies around the world to
tackle barriers*. The Law Society will be using finances granted
from the Ricardo Fund, part of the government's 2025 Trade
Strategy, to help remove obstacles and unlock opportunities for
UK exporters and law firms operating abroad**. This initiative
builds on the success of the Regulatory Partnership for Growth
Fund pilot***.
Law Society president Richard Atkinson said: “We welcome this
funding that will help us create business opportunities for UK
solicitors and law firms in the California and Florida legal
markets.
“In California, we need to address barriers that slow down
progress in opening up the market for UK solicitors.
“Our visit to Florida will focus on strengthening our
relationships with regulators and other stakeholders****. We need
to make it easier for UK firms to invest in Florida as Miami is
quickly becoming the legal hub for Latin America and the
Caribbean.
“We continue to work closely with our membership and value our
relationships with international regulators and legal
organisations. We are pleased to see our work acknowledged and
supported with this critical funding that will lead to better and
bigger business opportunities for UK law firms. By helping UK
solicitors work abroad, we boost economic growth and job creation
at home.”
Minister for Trade Policy said: “The UK is home to
some of the best solicitors and law firms in the world, highly
sought after around the globe for their expertise.
“As exports of UK legal services continues to grow, our Trade
Strategy will unlock new opportunities for British law firms to
sell more abroad.
“The funding for The Law Society, delivered under our new Ricardo
Fund, will help remove barriers and make it easier for UK firms
as they set their sights on expanding into the US market.”
Notes to editors
