The Legal Services Board (LSB) has set out its pro-innovation approach to the regulation of artificial intelligence (AI) in the legal services sector. Published yesterday, the update explains the oversight regulator’s overall approach to technology, including AI and the scope of LSB’s regulatory remit. It also sets out: The LSB’s new statutory guidance on technology and innovation How…
The Legal Services Board (LSB) has issued guidance to regulators, pushing them to be proactive in creating an environment that encourages lawyers and law firms to innovate to help better connect people to legal services. Produced following an extensive period of research, consultation and stakeholder engagement, the statutory guidance sets three outcomes. Regulators should ensure…
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New research by the Legal Services Board and the Law Society reveals that two-thirds of adults in England and Wales (66%) have experienced at least one legal issue in the last four years. The Legal Needs Survey 2023* looks at the legal issues and needs of individuals across England and Wales. The most common legal…
Read Two in three people have legal problems, but many don’t get professional help
The Legal Services Board (LSB) has announced an independent review of the Solicitors Regulation Authority’s (SRA) regulatory actions in the lead-up to the collapse of SSB Group. The LSB will add this review to the scope of its current review into regulatory events prior to SRA’s intervention into Axiom Ince (announced in December 2023). The…
Read LSB to review SRA regulatory actions in the lead-up to the collapse of SSB Group
The Board met in person on 26 March 2024. As is customary at this time of year, we discussed and finalised our plans for the next 12 months, focused on delivering our vision for legal services that meet the needs of everyone who requires them. Maximising the benefits of good regulation in 2024/25 We are…
The Legal Services Board (LSB) has published plans for 2024/25 [PDF] on how it will ensure regulation contributes fully to delivering legal services that better meet the needs of society. The business plan is focused on the regulatory objectives in the Legal Services Act, which the LSB and regulators have a statutory duty to promote….
Read LSB publishes plans to strengthen regulatory oversight in the public interest
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