LSB ‘lost its way’ and failed consumers, scathing review finds

LSB ‘lost its way’ and failed consumers, scathing review finds

Ministers urged to institute new system of legal services regulation amid damaging market failures.

Legal Services Board has 'lost its way' independent review finds

An independent review of the Legal Service Board (LSB) commissioned in the wake of regulatory failures including Axiom Ince and SSB Law has concluded the organisation has “lost its way in recent years” and has “fallen short” of government and parliamentary expectations.  The Legal Services Board Independent Public Bodies Review makes 10 recommendations on the future of the LSB and wider regulation, including fostering greater collaboration among…