SRA Update
Issue 3 – November 2007
Welcome to an issue of SRA Update about the Legal Services Act.
The Act received Royal Assent last month. In time, it will remake the legal services landscape. Will you be ready for the changes ahead?
- Solicitors in the future will be able to team up with other branches of the profession and with non-lawyers to provide legal services—in legal disciplinary practices (LDPs).
- In due course, alternative business structures (ABSs)—with outside investment—will be permitted.
- New bodies will handle consumer complaints and oversee the regulation of legal services.
Your questions
- When will LDPs be permitted?
- Who will regulate ABSs?
- Will in-house solicitors and sole pracitioners be affected?
We address these questions and more in a new part of our website. To find out what the Act will mean for you, please visit sra.org.uk/LSA.
Our plans
Learn about our proposed approach to the regulatory changes required by the Act in Legal Services Act: New forms of practice and regulation.
To comment on our initial thinking, please visit sra.org.uk/LSA.
If you'd like us to notify you by email when we consult in detail on the regulatory changes required by the Act, please subscribe to SRA consultation alerts.
Future of accreditation schemes
Separately from our work on Legal Services Act requirements, we plan to review the operation and development of all SRA accreditation schemes.
To participate in a current consultation on the strategic framework for the review of accreditation schemes, please visit consultations.sra.org.uk.
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