LSB cost of regulation survey soars beyond target
The Legal Services Board’s (LSB) survey into the costs of regulation has exceeded its minimum target by 600%.
The LSB has reported that it has received over 600 completed responses – exceeding its minimum target of 100 six-fold.
Legal Services Chief Executive, Chris Kenny, said:
“I would strongly encourage members of the profession to have a look at the survey and provide their feedback. The average time taken to complete the survey is 20-25 minutes. Hopefully practitioners agree that is not too long to spend to make their views known on such an important subject.
“Telling us what your experiences are will help us, help you and help the regulators deal with unnecessary and unhelpful regulation.
“If you have started the survey and have yet to finish it please take a few minutes to do so. If you haven’t had an opportunity please try and find the time. The results of this survey could have a lasting impact on legal services regulation but that can only happen if the profession gets involved.”
The LSB takes the view that the level of participation indicates the very strong desire of practitioners to engage and report on their first hand experience of regulation. However, it is urging those who have not responded to do so and to let the LSB know what it thinks the costs of regulation are. The more feedback received, the more the survey will be an accurate reflection of what the real costs of legal services regulation are and the more targeted the follow up research can be.