Legal Services Act

New forms of practice and regulation

Last updated 29 August 2008

Legal Services Act – current highlights

Legal Services Act – our approach

The Legal Services Act received Royal Assent on 30 October 2007. The Act ushers in important opportunities for solicitors to team up with non-lawyers and to attract capital for their businesses in a carefully regulated environment. The framework of the regulation of legal services will change radically.

We aim to provide solicitors with key information and clear, authoritative guidance on what the Act means for them and their firms. On several related issues, we have consulted you.

At the outset, we described in a strategic paper the way the SRA is approaching the regulatory changes required by the Act—see Legal Services Act: New forms of practice and regulation. You may find useful the accompanying Glossary of terms.