LSB launches cost of regulation survey

LSB launches cost of regulation survey

The Legal Services Board (LSB) has launched an online survey into the cost of regulation. The survey is designed to gather lawyers’ views on the costs regulation imposes on them and their businesses, and is intended to help identify unnecessary burdens that could potentially be removed.

Legal Services Chairman, Sir Michael Pitt, said:

“We are calling on solicitors, barristers, chartered legal executives, licensed conveyancers, patent attorneys, trade mark attorneys, costs lawyers and notaries to get on board and help us identify the true cost of legal regulation.

 

This is an opportunity for you to have your say on a priority issue (namely deregulation) – an area in which we are increasingly cooperating with legal services regulators to deliver progress.
The success of this project depends on the participation of lawyers, firms and the profession as a whole. If there is engagement with this survey then we can wipe away all the anecdotes, conjecture and presumptions about costs and replace them with real facts and figures which could be crucial in prioritising areas for deregulation.”

Lawyers, firms and the profession can make their voice heard on this crucial issue by responding to our cost of regulation survey which can be accessed here.

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