header-logo header-logo

An uncertain future

18 January 2013 / Andrew Hopper
Issue: 7544 / Categories: Opinion , Legal services
printer mail-detail

Andrew Hopper QC studies the impact of LSA 2007 on the practice of law

The government’s White Paper preceding the Legal Services Act, based on the conclusions of Sir David Clementi’s review, promoted the concept of alternative business structures (ABSs) based on an expectation of a glowing future: that consumers would have more choice, and would benefit from reduced prices, better access to justice, improved levels of service, greater convenience, and that in consequence there would be increased consumer confidence in the quality of legal services. The suppliers of legal services would benefit from increased access to finance, a better spread of risk, increased flexibility, the opportunity to recruit and reward high quality non-legal staff, and there would be greater opportunities for new legal professionals.

Too early to judge

It is far too early to say whether ABSs will ultimately deliver all or any of these benefits. There is only one certainty, which is that no-one really knows what the future holds, save that it will be very different. The fact that ABSs are highly likely to pose a threat to the continued

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

NLJ career profile: Liz McGrath KC

NLJ career profile: Liz McGrath KC

A good book, a glass of chilled Albarino, and being creative for pleasure help Liz McGrath balance the rigours of complex bundles and being Head of Chambers

Burges Salmon—Matthew Hancock-Jones

Burges Salmon—Matthew Hancock-Jones

Firm welcomes director in its financial services financial regulatory team

Gateley Legal—Sam Meiklejohn

Gateley Legal—Sam Meiklejohn Premium Content

Partner appointment in firm’s equity capital markets team

NEWS

Law school partners with charity to give free assistance to litigants in need

Magic circle firms, in-house legal departments and litigation firms alike are embracing more flexible ways to manage surges of workloads, the success of Flex Legal has shown

Magic circle firms, in-house legal departments and litigation firms alike are embracing more flexible ways to manage surges of workloads, the success of Flex Legal has shown

Magic circle firms, in-house legal departments and litigation firms alike are embracing more flexible ways to manage surges of workloads, the success of Flex Legal has shown

Walkers and runners will take in some of London’s finest views at the 16th annual charity event

back-to-top-scroll