LSB launches new three year strategy
The Legal Services Board (LSB) has published an ambitious new Strategy for 2015-18. The Strategy describes how the LSB will hold to account the regulators for the different branches of the legal profession and encourage change in pursuit of a modern and effective legal services sector that works better for consumers, the public and practitioners.
Informed by consultation, the Strategy has three key themes:
- breaking down regulatory barriers to competition, growth and innovation
- enabling need for legal services to be met more effectively, and
- ensuring that the regulators and the Legal Ombudsman are operating effectively and that there is a shared understanding of the legal services market.
The Strategy recognises the vital role that legal services play in underpinning civil society, our economy and democracy. It also takes into account the key challenges facing the sector.
The LSB also publishes today its Business Plan 2015/16, which describes the detail of work planned for the year ahead.
Legal Services Board Chairman, Sir Michael Pitt,said:
“The legal services sector is going through a period of rapid change. Changing customer demands, greater use of technology, new business models, and public spending restraint present a mix of challenges and opportunities.
I want the LSB to be ambitious and provide leadership over the next three years as we face these changes. This strategy and accompanying business plan will ensure the LSB plays its full part in creating a better market for legal services.
I am keen that we deliver our strategy in a spirit of collaboration with the widest possible range of consumer, citizen and legal services bodies that can contribute constructively to our work.
We all have an interest in ensuring that the legal services sector rises to the challenges it is facing. By doing so it will better meet the needs of consumers and the public whilst maintaining standards.”
The Strategy (2015-18) and the 2015/16 Business Plan can be found here. http://www.legalservicesboard.org.uk/news_publications/publications/index.htm
Information about the consultation that was run can be found here. http://www.legalservicesboard.org.uk/what_we_do/consultations/closed/index.htm
Responses to the consultation can be found here.