Legal Services Board consults on plans to increase practising certificate fee transparency and drive greater accountability
The Legal Services Board (LSB) has today launched a consultation on plans to increase transparency around how regulators spend practising certificate fee (PCF) income. Each year individual lawyers (e.g. solicitors, barristers, legal executives, patent and trademark attorneys, costs lawyers and notaries) and legal firms pay a PCF to their approved regulator in order to practise….