Some of the terms in existing contracts may no longer be relevant post Brexit, or may raise legal or practical questions in future.
Do your contracts refer to any terms that should be reviewed in light of the UK leaving the EU?
Do they make references to the UK being a member state/to the EU?
Does your contract rely on EU regulation applicable to contractual arrangements?
UK Government technical notice on civil legal cases if there’s no Brexit withdrawal agreement: http://www.gov.uk/government/publications/handling-civil-legal-cases-that-involve-eu-countries-if-theres-no-brexit-deal
The months following the EU referendum saw significant currency volatility – this may occur in future.
What currency are you being paid in?
Have you considered the possibility of further currency movements, and how this might affect existing and future contracts?
Your local Chamber can give you recommendations for mitigating these risks. Find your local Chamber here.
Parts of UK intellectual property (IP) law will change when the UK leaves the EU.
If there is a deal with the EU:
If there is no deal with the EU:
The Department for Business, Energy & Industrial Strategy have published guidance on intellectual property after Brexit: https://www.gov.uk/guidance/intellectual-property-after-brexit
Copyright if there’s no Brexit deal: http://www.gov.uk/government/publications/copyright-if-theres-no-brexit-deal
Exhaustion of intellectual property rights if there’s no Brexit deal:http://www.gov.uk/government/publications/exhaustion-of-intellectual-property-rights-if-theres-no-brexit-deal
Patents if there’s no Brexit deal: http://www.gov.uk/government/publications/patents-if-theres-no-brexit-deal
Trade marks and designs if there’s no Brexit deal: http://www.gov.uk/government/publications/trade-marks-and-designs-if-theres-no-brexit-deal