The Legal Services Regulatory Authority (LSRA) of Ireland is on the brink of introducing a new regulatory framework tailored for legal partnerships, marking a significant evolution in the structure for delivering legal services. This innovative framework is designed to support two types of partnerships: solicitor-barrister and barrister-only, with each configuration mandating the inclusion of at…
Legal Services Regulatory Authority of Ireland to introduce legal partnerships
The Legal Services Regulatory Authority (LSRA) of Ireland plans to introduce legal partnerships in the autumn of 2024, providing a new business structure that will allow barristers, or barristers and solicitors, to form partnerships. This initiative, enabled by the Legal Services Regulation Act 2015 and subsequent amendments, aims to modernise the delivery of legal services…