What did the Legal Services Act 2007 do?
The Legal Services Act 2007 is an Act of the Parliament of the United Kingdom that seeks to liberalise and regulate the market for legal services in England and Wales, to encourage more competition and to provide a new route for consumer complaints.
What reforms did the Legal Services Act 2007 bring?
What is the Legal Services Act?
- To simplify the complex and inconsistent system, and regulatory oversight in the legal services market.
- To provide common standards for professional practice.
- To increase competition, flexibility, transparency and choice for consumers of legal services.
Who is an Authorised person under Legal Services Act 2007?
Under section 18 of the Act, an “authorised person” is: (a) person who has been authorised to carry out the reserved legal activity by a relevant approved regulator; or (b) a licensable body, which by virtue of its license3, is authorised to carry out the reserved legal activity by a licensing authority.
What is the Tesco law?
ABSs, commonly dubbed “Tesco law”, represent the radical relaxation of the tight ownership restrictions on legal businesses and mean that from 6 October this year, non-lawyers will for the first time be able to invest in and own them. It could even mean law firms floating on the stock market.
What was the aim of the Legal Services Act 2007?
The aim of the Legal Services Act 2007 (the Act) is to encourage more competition and increase the number of consumer-focused legal service providers resulting in wider access to justice. It has reformed the way in which legal services are regulated in England and Wales by creating a new regulatory structure.
What does Schedule 2 of the Legal Services Act mean?
(2) Schedule 2 makes provision about what constitutes each of those activities. (ii) the provision of representation in connection with any matter concerning the application of the law or any form of resolution of legal disputes.
What does section 12 of the Legal Services Act mean?
Section 12 of the Act defines ‘legal activity’ and ‘reserved legal activity’ and makes it a criminal offence for a person to carry on an activity (‘the relevant activity’) which is a reserved legal activity unless that person is entitled to carry on the relevant activity.
Who are the consumer panel in the Legal Services Act?
The Act also created a Consumer Panel to represent consumers (ss. 8–11) which started work on 1 November 2009. The Panel is independent of the Legal Services Board and consists of eight lay members whose appointments are approved by the Lord Chancellor.