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<p>English law has had a huge impact, spreading the rule of law around the world.
It is the law of choice in over a quarter of jurisdictions. We will be championing
our £25 billion legal services industry as a key part of post-Brexit global Britain.</p><p>
</p><p>We are not aware of any reports that include aggregate data on the contribution
that international, including EU, firms make to the UK economy. It may also be the
case that firms do not separate out their UK income from their wider income, especially
where they operate in a number of jurisdictions, or where work is spread across jurisdictions
or provided across borders.</p><p> </p><p>English common law is the preferred choice
for international commercial contracts, and English law governs about 40 per cent
of all global corporate arbitrations.</p>
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