Part one: Simon Young puts the Legal Services Act under the microscope
The last year has seen the creation of the various authorities required to operate the Legal Services Act 2007 (LSA 2007), and this, the first in a series exploring the effects of LSA 2007, concentrates on them. They are respectively:
● The Legal Services Board (LSB)—the űber-regulator.
● The Office for Legal Complaints (OLC)—to replace not only the Legal Complaints Service arm of the Law Society, but also the Legal Services Ombudsman and the Legal Services Complaints Commissioner.
● The Consumer Panel—created by the LSB to represent both individual and business consumers.
● The Solicitors Disciplinary Tribunal (SDT)—given statutory independence by LSA 2007 and now a company limited by guarantee.
● The professional bodies, eg the Law Society (the Society) operating either in a representative function or through their regulatory arms, eg the Solicitors Regulatory Authority (SRA).
One thing that these bodies have in common is the death of the concept that the legal profession had control over its own regulatory
