000 01698cad a22002175a 4500
001 L149279
008 100217s2010 xxk f 000 0 eng d
035 _a(Sirsi) u149279
041 0 _aeng
100 1 _aJohnson, Tim
245 0 0 _aConveyancing and baked beans
_h[electronic resource]
260 _c2010
490 _aRICS Residential Property Journal
_vJan-Feb 2010, 4-6(3)
520 _aFor the property services market, the Legal Services Act 2007 is likely to have the following two effects on the profession: 1, the further commoditisation of residential conveyancing; and 2, the joining together of professionals to create "onestop shops" for the provision of property services. The Legal Services Act 2007 allows non-lawyers to invest in law firms for the first time, opening the way for the commoditisation of legal services. The author considers the possible impact on the property market of the so-called "Tesco law", with the Legal Services Act 2007 likely to become law in autumn 2010. The most significant change was the opening of the way for the introduction of Legal Disciplinary Practices (LDPs) and Multi-Disciplinary Practices (MDPs), probably in 2011. LDPs will offer solely legal services (in their many guises), whereas MDPs will offer a range of professional services. More significantly, for the first time, the Act allows non-lawyers to invest in law firms.
590 _aKA
650 2 4 _aLEGAL SERVICES ACT 2007
651 4 _aEngland and Wales
_y1543-
690 _aPROPERTY-PROPERTY ACQUISITION AND DISPOSAL-CONVEYANCING
856 4 0 _uhttps://www.rics.org/site/download_feed.aspx?fileID=5567
_zView this item (member-only access) at www.rics.org
942 _n0
999 _c82106
_d82106