The Legal Services Board of England and Wales has launched a consultation on its draft business plan and budget for 2022/23

The Legal Services Board of England and Wales business plan is an attempt to push forward its goals of reforming the legal sector to better serve the consumer and deliver fairer outcomes, stronger confidence and better services. The proposed new strategy includes financial protection arrangements, consumer redress and the rule of law and regulation. Key…

SRA launches consultation on compensation fund changes

The Solicitors Regulation Authority has launched a consultation on “reforms to the compensation fund arrangements”. The consultation builds on the conclusions of the past consultation on compensation, covered here in 2018. Changes have been made based on the feedback given, including introducing a maximum cap on related claims and dropping proposals for the introduction of…

Brought to you by ICLR.