The Legal Services Act 2007 and Potential Changes in the Legal Marketplace
The Legal Services Act 2007 could potentially represent the most significant change ever seen to the legal industry in this country. There is no denying the fact that many of the already established legal firms are slightly apprehensive over the introduction of certain provisions of this Act, and with good reason, as the whole ethos of their company and the way in which they carry out their business is likely to be brought into question, once these new laws finally come into effect. The specific legislation to which we are referring in this article is provided for under part V, ss. 71 to 72 of the Act.