Regulation
The Legal Services Board (LSB) has “served its purpose” in kick-starting change and a sunset clause for its abolition should be enacted, says the Bar Standards Board.
In its response to the Ministry of Justice’s call for evidence on the legal services statutory framework, the BSB noted an “incorrect balance” between “LSB prescription and front line regulator discretion”. It wants the LSB role stripped from the Legal Services Act 2007 entirely, or a new standalone, simplified Act introduced.