Tag Results

The potential for unbundling legal services to help consumers – and particularly litigants in person – is to be examined in a research project being commissioned by the Legal Services Board and Legal Services Consumer Panel.

The average time taken by the Solicitors Regulation Authority to approve alternative business structure applications has fallen to an average of three months, it has emerged. As a result the Legal Services Board may end its formal monitoring of the authority’s progress.

The outgoing chairman of the Solicitors Regulation Authority has urged the “flat-earthers” at the Law Society to accept that full structural independence for the regulator from Chancery Lane is inevitable.

Regulated lawyers should be viewed in the future as “a small part of an increasingly diverse ecosystem”, the Legal Services Consumer Panel has said in a report being launched at today’s Legal Futures Annual Conference.

It is plain that the SRA is keen to be seen as innovative, forward-thinking and ultimately the ‘regulator of choice’ when it comes to MDP ABSs. However, when you look beyond the hype of this development and consider the detail, it becomes clear that the SRA’s methodology in licensing MDPs is fundamentally flawed.