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Editor's blog | Riding the regulatory tide

Making will-writing a reserved activity may be a blunt way of increasing consumer protection but when the consensus is in favour, solicitors should support rather than fight it

28 September 2012

The profession is paying a hefty price for being so inward looking for so many years as a new regulatory order takes root on the ashes of self-regulation.  The latest step down this road came yesterday when the Legal Services Board made a formal recommendation to the Lord Chancellor that will-writing and estate administration should become reserved activities.

This could involve setting up a new frontline regulator responsible for policing the new rules, potentially adding to the administrative burden and regulatory costs. Either way, for independent solicitors, this will bring no guarantee in return that clients will be beating a path to their doors instead of going to the Co-op or online.

But there could be worse things for the profession than making will-wr...

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