Legal Services Act
The Legal Services Act is a piece of legislation in the United Kingdom that was enacted in 2007. Its primary purpose is to regulate the legal profession and ensure that legal services are accessible, affordable, and of high quality. The Act established the Legal Services Board, which oversees various legal service providers and promotes competition within the sector.
Additionally, the Act allows for the creation of alternative business structures, enabling non-lawyers to own and invest in law firms. This change aims to enhance innovation and improve service delivery in the legal industry, ultimately benefiting consumers seeking legal assistance.