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Regulation matters: why it’s time to change

09 July 2020 / Chris Bones
Issue: 7894 / Categories: Features , Regulatory , Profession
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Professor Chris Bones of CILEx explains why the legal profession should not stand in the way of regulatory change
  • Reforming the legal services market: a job half done.
  • Compromises of the Legal Services Act 2007: straining at the seams.
  • Professor Stephen Mayson’s recent independent review of legal regulation: engaging constructively with these new and important proposals.

The job of reforming the legal services market is only half done. Thirteen years on from the Legal Services Act 2007, it has become abundantly clear that the compromise it represented is straining at the seams, and the current COVID-19 crisis has brought this into even sharper relief for both the public and the profession.

Among the regulatory objectives laid down by the Act are protecting and promoting the public interest and the interests of consumers, as well as improving access to justice. Can anyone really claim that a market where the most vulnerable and disadvantaged sections of the public are simply not able to access affordable and effective legal

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MOVERS & SHAKERS

Gibson Dunn—London partner promotions

Gibson Dunn—London partner promotions

Firm grows international bench with expanded UK partner class

Shakespeare Martineau—six appointments

Shakespeare Martineau—six appointments

Firm makes major statement in the capital with strategic growth at The Shard

Myers & Co—Jess Latham

Myers & Co—Jess Latham

Residential conveyancing team expands with solicitor hire

NEWS
One in five in-house lawyers suffer ‘high’ or ‘severe’ work-related stress, according to a report by global legal body, the Association of Corporate Counsel (ACC)
The Legal Ombudsman’s (LeO’s) plea for a budget increase has been rejected by the Law Society and accepted only ‘with reluctance’ by conveyancers
Overcrowded prisons, mental health hospitals and immigration centres are failing to meet international and domestic human rights standards, the National Preventive Mechanism (NPM) has warned
Two speedier and more streamlined qualification routes have been launched for probate and conveyancing professionals
Workplace stress was a contributing factor in almost one in eight cases before the employment tribunal last year, indicating its endemic grip on the UK workplace
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