The Legal Services Board (LSB) has initiated a consultation on its draft business plan and budget for 2024/25, aiming to enhance regulation’s role in shaping a legal services market aligned with societal needs. The plan focuses on strengthening direct oversight of regulators, ensuring their effective performance and resilience in conducting regulatory reviews. Anticipating resource demands,…
The Legal Services Board of England and Wales has published its annual assessment of performance of the legal regulators it oversees
The Legal Services Board of England & Wales has published its annual performance assessment of the eight legal regulators it oversees. Each regulatory body regulates different types of lawyers and service providers, however, all of the bodies have the same obligations under the Legal Services Act 2007. Each regulator was assessed on five categories: Regulatory…
Legal Services Board annual regulatory performance review pushes improvements in performance and governance
The Legal Services Board (LSB) has published annual reports on the performance of the eight legal services regulatory bodies. Each one of the eight providers regulates a different type of lawyer in England and Wales, and has control over its day to day operations. However under the Legal Services Act 2007 (the Act), they have…