Private Client Focus Spring/Summer 2005

 

 

Contents:
Focus from John Elgee
A SIPP in the sun (Self Invested Personal Pension)
To have and to hold…
Residential Property
The Clementi Report
Collaborative Practice
7 years of uncertainty
E Conveyancing


The Clementi Report by John Elgee

Sir David Clementi has made recommendations to the Government in December focussing on three main areas of the Legal profession:

  • the regulatory framework
  • the complaints systems, and
  • business structures.

Here in brief are his recommendations.
To improve the regulatory framework he has recommended a Legal Services Board (LSB) whose key function will be to maintain the rule of law; access to justice; protection and promotion of consumer interests; promotion of competition; encouragement of a confident, strong and effective legal profession and promoting public understanding of the citizenÕs legal rights. The LSB would be as super regulator and would be able to devolve responsibility to bodies such as the Law Society and the Bar Council. The LSB should have between 12 to 16 members with a lay majority.

Sir David has proposed that complaints be dealt with by an Office of Legal Complaints (OLC), which would operate under the LSB – again with a lay majority. It would be a single independent complaints system; dealing with individual complaints, setting targets for lawyers handling complaints in-house (which will have to be done in-house), overseeing indemnity insurance and compensation fund schemes.

On the subject of business structures, Clementi has recommended the creation of Legal Disciplinary Practices (LDPs). LDPs would be legal practices with a code of professional practice to ensure lawyers with different professional qualifications maintain equal standards. Whilst non-lawyers could become partners in LDPs their role must be to enhance the provision of legal services rather than to provide other services to the public. A qualified lawyer in each LDP would have to be nominated as responsible to the LSB for service standards, and a nominated manager would be responsible for finance and administration.