Following the UK’s formal departure from the EU on January 31st, 2020, the time period for businesses to address Brexit-related contractual issues is now.
Barring some sort of extension, effective December 31st, 2020, EU rules will cease to apply in the way that they currently do to UK businesses.
With that in mind, it’s crucial that businesses are protected against the potential commercial impacts on both existing and future contractual arrangements. The exact implications remain unclear, however, we could see issues arising around the imposition of tariffs, changes in exchange rates, assessment of territories, and the execution of termination rights.
Speed of action is critical as businesses may have little time to prepare once it is known exactly what form Brexit will take. Fortunately, Kira can be leveraged to give both advisors and inhouse counsel sufficient notice of how to move efficiently in advance of December 2020.
Learn more from our experts during a live webinar – March 10, 2 pm GMT.
On Tuesday, March 10th, at 2 pm GMT, Kira experts Patrick Skinner (Team Lead, Practice Consultancy of EMEA/APAC) and Sam Morris (Practice Consultant) will share their recommendations for preparing your business for Brexit, namely:
- Their expert-recommended three-tiered approach
- Real-life risk management examples to learn from
- How AI tools like Kira can ensure businesses are Brexit-ready
Getting your business ready for Brexit can be daunting even the most well-resourced organisations.
Kira can be used to give both advisors and inhouse counsel sufficient notice of how to move efficiently in advance of December 2020.
Seats are limited, so register for your live webinar spot today!
[ Artificial Lawyer is proud to bring you this sponsored article by Kira Systems. ]