What is an LP?
As set out in the Bill, a Licensed Legal Services Provider (LP) is a business entity which, through the designated and other persons within it, provides legal services to the general public for a fee and does so under licence issued by an approved regulator. What are the possible benefits – I don’t see any for my firm? The legislation aims ot increase options for firms in an increasingly competitive marketplace. Firms, big and small, are already diversifying, offering online legal services and other niche market services and there is already an element of cherry picking going on with many firms having ceased to do civil legal aid. There may be motivational advantages in allowing non-solicitors already working in firms and providing client facing advice or in administration roles. In England and Wales, the first phase of the Legal Services Act has been adopted and non solicitor manager have become partners or members. Are there going to be any takers? This is already happening in practi