This article examines Canadian lawyer regulation in light of the global trends challenging regulators worldwide. It explains why it is important for Canadian lawyers, regulators, clients, and other stakeholders to be aware of these global trends. The article also addresses the issue of whether these trends matter in a jurisdiction such as Saskatchewan that is not a…
Innovating Regulation – Prairie Law Societies discussion paper
This discussion paper focusses on entity regulation, compliance-based regulation, and alternative business structures. It reviews experiences in Canada, Australia, England and Wales, and the United States of America. The paper suggests that there is a gap between the regulatory frameworks of the three states and the requirements of the current legal services market. The discussion…
Innovation in legal services
The Solicitors Regulation Authority surveyed 1,500 organisations and concluded: Alternative Business Structures (ABSs) have succeeded in promoting innovation and diversity; ABS Solicitors are 13-15 per cent more likely to introduce new legal services. Solicitors are, on average, more innovative than other regulated legal services organisations in terms of both managerial and organisational changes. 80 per…
Firms keen on taking up Clementi Report reforms November 2006
Notes on source This document was included in a review of regulatory information by the Legal Services Board in England and Wales, between 2010 and 2012. The following paragraphs repeat the LSB’s notes on the document at that time. Supply | Dynamic market analysis | What is the likely take-up of ABS as a structure?…