Lawyers might have received more work if last week’s independence vote had gone the other way – but they still expect an increase after the Scots voted to stay in the UK, the Financial Times writes.
Edinburgh-based Rod Macleod of Tods Murray told the paper that ‘two or three deals’ landed on his desk the day after the vote. He added: ‘It would have been an interesting theoretical legal exercise had there been a Yes vote – and we likely would have got more fees – but there’s still much to be done.’
He said he expects to see some big businesses, including the banks, to consider moving south, following the example of some Quebec businesses which relocated head offices to Toronto despite the vote to stay a part of Canada two decades ago.
