LSB publishes regulatory framework proposals
The Legal Services Board (LSB) has published its vision for legislative reform of the regulatory framework for legal services in England and Wales.
The paper, entitled “A vision for legislative reform of the regulatory framework for legal services in England and Wales” is a response to the government’s challenge to legal services regulators in 2014 to free up the legal services sector so that it works better for citizens, reduces burdens on practitioners and delivers economic growth.
Legal Services Board Chairman, Sir Michael Pitt, said:
“We believe that further legislative reform would help address current challenges and make the step change needed to improve outcomes for consumers, citizens and practitioners.
“There is a need to tackle the tensions inherent in the existing framework. A new legal framework will help secure the important public interest outcomes that the legal sector delivers, such as maintaining the rule of law and ensuring access to justice. It will also strengthen the contribution the legal sector makes to the reputation of the UK as a great place to do business.”
The text of the report can be found n the LSB website at www.legalservicesboard.org.uk/news_publications/LSB_News/PDF/2016/20160909LSB_Vision_For_Legislative_Reform.pdf