New legislation has been passed in Scotland allowing banks and supermarkets to offer legal services for the first time. The Legal Services (Scotland) Bill has been dubbed Tesco Law and aims to offer consumers a wider choice of legal service providers . Leading lawyers and consumer groups have voiced their support for the legislation, which follows recommendations from the Office of Fair Trading (OFT) that there should be a broader choice of legal services for the public.
The bill sets out the alternative business structures designed to improve Scotlands legal profession, and removes restrictions on solicitors entering into business relationships with non-solicitors. This had previously been prohibited under the Solicitors (Scotland) Act 1980. Solicitors will now be able to secure external investment and business expertise for their law firms.
There have been concerns raised at the impact of the legislation on smaller firms. With supermarkets like Tesco likely to secure lucrative corporate contracts as well as a high volume of individual clients, it is feared that smaller legal firms will not be able to compete with the legal costs and may find the work available to them reduced.
Legal Services Bill Passed in Scotland
Thu, 01 Oct 2009
Recommended links
Reclaim Credit Card ChargesCriminal Law Advice
Mediation Experts
Equity and Trust Information
Family Law Guide
Law Society Launches Solicitor Ad Campaign
Legal Industry Surviving Economic Downturn
Lawyer Appointed Top West Midlands Role
New lifeboat fund helped by solicitors
| solictorsonline news |
|---|
| Employment Tribunal Hearing Set For Axed Holiday Firm Staff - Thu, 02 Feb 2012 |
| RJW Solicitors Snapped Up By Australian Law Firm - Wed, 01 Feb 2012 |
| Liverpool Law Firm Agrees Takeover Deal With Listed PLC - Tue, 24 Jan 2012 |
| More News |




