Costs Lawyer Standards Board will now regulate costs lawyers
Costs lawyers have a new regulatory body. On 31 October, the Costs Lawyer Standards Board (CLSB) became the sixth and final approved regulator under the Legal Services Act 2007. The Association of Costs Lawyers (ACL) will continue to have a representative role.
ACL chair Iain Stark said: “[This] marks the coming-of-age for the profession and we must look to the future and embrace the reforms by diversifying and utilising our status as Costs Lawyers.”
Costs Lawyers are regulated and come within the jurisdiction of the legal ombudsman, whereas “costs draftsmen” are unregulated.
