Part two: Simon Young reports on the pick & mix approach of the Legal Services Act 2009
The first article in this short series looked at the various institutions created by the Legal Services Act 2007 (LSA 2007) (see NLJ, 17 April 2009, p 554).This second offering deals with the first practical opportunity for changing businesses under LSA 2007, namely legal disciplinary practices (LDPs); the third will look at the ultimate in opening up of the legal services market, alternative business structures (ABSs).
The concept of LDPs was one first raised by Sir David Clementi, in his seminal report: Review of the Regulatory Framework for Legal Services in England and Wales. The final nature of them, however, went through substantial change in the last few days of political horse trading before the Legal Services Bill was passed into law late in 2007. The concept is simple, but its working out in practice is not.
Services on offer
At base, the idea is that businesses providing legal services need not only be owned by one of the various types of lawyer.