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Legal services

Regulatory change in legal services has involved the creation of the Legal Services Board, and the separation of representative and regulatory bodies for solicitors and barristers.  Continual regulatory developments are expected to result in structural adjustments and changes in competition across legal services. EPC and its staff have advised regulators of legal services on issues ranging from professional indemnity insurance to changing solicitor qualifications as well as research on the nature of competition between different law firms.

  • Report on consumer risk in legal services

    A report for the Solicitors Regulation Authority on the risks that consumers face when engaging with legal services

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  • Advice on professional indemnity insurance

    Advice for the Solicitors Regulation Authority on their professional indemnity insurance requirements as well as examining the distributional impacts of the PII requirements

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  • Report on solicitor qualification framework

    A report for the Solicitors Regulation Authority on the impact of changing qualification requirements for solicitors

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  • Report on proportionality of legal services regulation

    A report for the Legal Services Board on the proportionality of legal services regulation.

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  • Report on competition between city law firms

    Research for the Legal Services Board on competition among city law firms. The report is available from the LSB’s website here.

  • Report on professional indemnity insurance

    A report for the Solicitors Regulation Authority on professional indemnity insurance and the compensation fund.  The report is available from the SRA’s website here.

  • Report on referral fees

    A report for the Legal Services Board on the use of referral fees. The report is available from the LSB’s website here.

Areas of expertise

  • Asset management, clearing and exchanges
  • Banking, Credit and Payments
  • Competition and State Aid
  • Distribution and financial advice
  • Income Protection
  • Insurance and pensions
  • Legal services
  • Regulatory strategy

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