3 Areas of Corporate Law that will change with Brexit

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Interestingly, the spectre of Brexit seems further away than ever before, despite the British electorate’s vote to leave the EU in June. This is due to the UK government’s reluctance to trigger Article 50, which itself is a complex piece of legislation that was never designed to be acted upon.

3 Areas of Corporate Law that may change with Brexit

Make no mistake; however, new Prime Minister Theresa May remains committed to triggering Article 50 at some point in the future, a decision that will have a cumulative impact on corporate law and legislation. So, let’s take a look at the seminal areas of commercial law that are most likely to be impacted: –

1. Intellectual Property Law

The UK’s Intellectual Property (IP) law is one of many that have been derived from the EU, so Britain’s departure from the union will impact everything from trade mark registrations to patents and copyright. While national IP rights will remain unaffected by the change, those relating to Pan-European brands and concepts would cease to apply in their existing form in the UK.

Some form of further registration would probably be required, but it would be wise to consult with a market expert such as Withers Worldwide to understand your exact liability.

2. Data Protection

Big data is a huge driver of sales and marketing drives in the modern age, while the secure collation and storage of information is derived primarily from the EU’s 1995 Data Protection Derivative. This would have been subject to a revision had the UK planned on remaining in the EU, with the General Data Protection Regulation taking its place and providing a significant tougher and more restricted regime.

Now that Brexit has occurred, however, it appears as though the two-year transition period for the terms of the exit to be negotiated will coincide with the shift between these two regulations. Going forward, the UK government will need to retain the latest legislation on an interim basis while giving consideration to an adapted, national alternative.

3. Competition Law

Once the UK does finally deign to leave the EU, little will initially change in relation to existing anti-competitive agreements and monopolies. This is because the UK’s current Competition Act of 1998, replicates the EU equivalent, while union rules would still apply to the numerous British companies that activity trade within the single market.

In this respect, the landscape of competition law is likely to remain unchanged within the borders of the UK. We may see dual activity and parallel civil investigations by both the UK’s CMA (Competition and Markets Authority) and the European Commission, however, as under current legislation only one of the entities can review international cartels.

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Complicated made simple – take the headache out of batch printing

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The following is an infographic about batch printing.


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The Perfect Mother’s Day Gift for your TV Loving Mother in the USA

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Mother’s Day in the USA is around the corner, and it is time to think of what to get that mother of yours. If you know she is obsessed with TV, we have the ultimate gift suggestion for you. No, it’s not a huge TV that will take up half of her living room. No, don’t buy her a brand new sofa or even a recliner. We are talking about bringing her TV fantasy to life. Making the digital turn into the tangible.

Get your mother a gift from the Groupon coupons page for the Disney Store and she’ll be able to appreciate it whether she’s got a remote in her hand or not. If you know your mother well, you probably know her favorite characters by now. It should be a fairly easy gift to pick out, knowing which movies she is a fan of or what kinds of toys she likes.

Considering you are now able to score on items 60% off, it is definitely the right time to look into a Disney Store gift item. What better time than now? Actually, later is just as good, or maybe even better! You’ll still qualify for the free shipping, but as Groupon updates its Coupons regularly, you may find that there are other deals that appeal to you even more than the ones on offer right now. For that matter, bookmark the coupons page and check back regularly.

Of course, with Mother’s Day coming up so soon, you will want to order something soon to make sure you get everything taken care of in time for the big day. Nothing says, “I forgot you Mom,” like giving a late gift, so be sure you get your gift ahead of Mother’s Day and have it on hand ready to present.

Whether your mother is a Lion King fan or an old school Micky and Minnie fan, you will certainly find plenty of great items for sale through the Disney Store. This year, wow your mom with a personal gift mailed straight to her from her favorite fantasy makers.

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‘The Law of Legal Services’ by John Gould of Russell-Cooke solicitors

Brought to you by our friends at Russell-Cooke solicitors

The Law of Legal Services is an authoritative yet accessible work that looks at the issues and complexities of the current legal system. It provides insight into many of the questions that crop up in modern practice and will help lawyers mitigate the growing number of risks they face in their profession.

Written by leading regulatory expert John Gould, Senior Partner of London firm Russell-Cooke, the work covers areas such as regulation, lawyers’ legal duties and the ‘business of law’. With a focus on issues such as misconduct and tribunals, obligations to clients, negligence and indemnity insurance, The Law of Legal Services delivers authoritative legal analysis as well as practical guidance for practitioners.

This is an essential work for all lawyers, whatever their specialisation. In his preface, Lord Neuberger, President of the Supreme Court, describes it as containing “all that a professional lawyer needs to know and much of which it may not have occurred to him or her to ask” highlighting that “the function of lawyers is to deal with legal issues, and they therefore have nowhere much to hide if they fail to know of or observe their own regulatory rules.” 

Available from Amazon.

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Five ways to give your start-up a boost

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If you have that entrepreneurial flair, you should never let someone or something stop you from reaching your goal. Whether that’s an eCommerce empire or a brand new app destined to go viral – in the digital age, anything is possible.

While it has never been easier to start up a business from scratch, that doesn’t mean that starting a business is easy. Here are my top five ways to give your start-up a boost, and point you firmly in the right direction.

1. Create a social media presence

I probably don’t need to tell you about the power of social media, but for start-ups in particular there are huge benefits to becoming a proficient user. I’d recommend setting up different accounts for your business and yourself. The personal account can be used for self-promotion within your field, while the business account can be used to shout about what you have going on. As the business grows, you can use it to support your brand, reach new customers and engage with them over customer service. 

It’s important to know which platforms to use though, as your customers will probably have a preference. You can find more information on how to build a strategy here, but joining LinkedIn is a must, as you’ll be able to join communities and connect with people from your industry.

2. Start a blog

If you really know what you’re talking about within your field and want to become known as an expert, starting a blog is the perfect way to go about it. Whether you want to talk about the trials and tribulations of starting out in business, or talk about handmade fashion items because that’s what you sell, a blog will help to develop your voice within the community, as well as a valued customer base who start out as followers. Above all, it’s a great place to showcase your entrepreneurial efforts.

3. Look at professional qualifications

You might want to learn more about the area of industry you’re passionate about, and professional qualifications will expand your knowledge whilst giving you the opportunity to meet like-minded individuals. You don’t just have to take business management either; you can specialise in whatever area is going to add to your skill set and boost your start-up, like a fashion design degree or a technology course. Plus, it will give you that first taste of networking with students and tutors.

4. Consider scholarships 

If you want to enhance your skill-set but money is an issue, there are tonnes of scholarships out there that are designed to give budding entrepreneurs that chance. The Reuben Singh scholarship is one such example, offering up to £9,000 towards tuition fees for students. If you can demonstrate entrepreneurial initiative, and why your business brain is the best of the bunch, why not apply?

I hope these thoughts give you the push your start-up needs. Do you have any more tips? 

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How to Get the Right Name for Your Business

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So it’s time to finally commit to a name for your new business? You probably have a number of different ideas spinning around your head right now. Narrowing them down to the best choice is rarely an easy task though. You’ll want something that sticks with your customers, but not for the wrong reasons.

Looking Towards the Future

You won’t make many choices that will have as long-lasting an impact as this decision. This is why keeping one eye on the future is critical to making a decision you won’t regret down the road. After all, not only does this affect branding and marketing in your own country, but you’ll also need to take into account how other cultures might perceive your name if you decide to ever advertise to a global market. There’s also the consideration of modern digital marketing techniques, most notably search engine optimization, and how your name will scale to this. While no-one can predict the future, as a business owner it’s your responsibility to be aware of the emerging changes in your industry.

Getting the Name You Want

Making sure you get the domain could be one of the critical factors towards choosing the name of your business. Remember you aren’t limited to simply .com domains, there are a number of unique registrations you can now choose from. This includes domains specific to your country or unique to your industry. If your preferred choice is taken, you may be able to purchase the address from the current owner. If you can’t contact the owner yourself, you can do this by contacting a third-party to handle the transaction for you. Use websites like www.siteprice.org to get an idea about how much a domain is worth in the current market.

Considering Your Options

One of the most common methods of naming a business is to name it directly after the founder. This could be from one person’s family name or an acronym of several co-founders surnames. For something a little more creative, you may want to think about the greater meaning of your choice of words. Korean manufacturer Hyundai’s name translates to “the modern age,” or “modernity,” in the firm’s native language. The company was founded in 1967, much later than many other large Asian car manufacturers, like Honda, Nissan, or Toyota, and soon capitalized on the newfound interest in foreign cars in overseas markets. Today, Hyundai is the fourth largest vehicle manufacturer in the world.

Whichever name you end up deciding on, make sure you commit to something you can stand by. After all, this could be your first opportunity to impress with your new business.

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