The nation's most senior judge has said Brexit will bolster the capital's pre-eminence in the legal profession.
Lord Neuberger, president of the Supreme Court, has said that British judges will be able to "react more quickly and freely to developments in our fast-changing world" after Brexit, the Evening Standard reported.
He also argued that exiting the EU will act as a "spur" to improvements within the legal profession.
"Brexit does not alter the fact that lawyers and judges in the UK are as internationally minded and expert as they have ever been," he said.
"Brexit is operating as a spur to encourage all involved in the provision of legal services in London to strive to ensure that those services are even better than they already are."
Neuberger's comments come after the deputy chair of Lloyd's of London defended the resilience of London's insurance sector.
Speaking to City A.M., Robert Childs said Brexit "doesn't threaten the long term strategy" of the London insurance market, and that London will keep its insurance crown.
The changes brought about by Brexit will be structural rather than strategic, he said.