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SRA turning legal sector into 'wild west', says Law Society

SRA turning legal sector into 'wild west', says Law Society


The Solicitors Regulation Authority has been warned it is turning the legal sector into a 'wild west marketplace' by lifting restrictions on how solicitors can practise.

The regulator has outlined plans to allow solicitors to work outside the confines of a sole practitioner business or regulated firm. As part of its consultation on looking to the future, the SRA also wants to lift the rule preventing a solicitor running a firm unless they have been entitled to practise for at least three years.

But the Law Society says the changes risk creating an uneven legal playing field with consumers unsure what protections they have.

Plans at a glance

new tiers of solicitors would be created working in unauthorised firms or under their own guise as a freelancer.

Removal of the rules preventing solicitors establishing their own firms immediately could put vulnerable clients 'in the hands of inexperienced, unsupervised lawyers'

Source: Law Gazette

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