New LSB chief: primary legislation needed to reduce regulatory complexity


Sir Michael Pitt

Sir Michael Pitt: regulation must move at “market pace”

Sir Michael Pitt, the new chairman of the Legal Services Board, has said that primary legislation will be needed to reduce the complexity of legal regulation and ensure it moves “at market pace”.

His first public statement since taking office a month ago lays down a marker to the government, which earlier this month ruled out major changes to the legislative structure of regulation for the time being.

Justice minister Shailesh Vara instead put on the onus on frontline regulators to reduce burdens on practitioners.

In the latest edition of the LSB’s quarterly newsletter, Sir Michael welcomed the government’s emphasis on “growth, simplification and deregulation”, themes which he described as central to the LSB’s work programme this year.

He said he was “heartened” in his early contacts with legal regulators to see them “embracing the necessary changes”.

Sir Michael added: “The LSB remains committed to making the maximum progress possible with our partners within the current fragmented and complex framework, but changes to primary legislation will eventually be needed to ensure a clear and consistent framework which moves at market pace.”

It is as yet unknown whether Sir Michael supports the LSB’s position that, in time, there should be a single regulator for the legal profession. David Edmonds, his predecessor, made no secret of his wish to see a single regulator, and Chris Kenny, chief executive of the LSB, predicted earlier this month that the move would happen in 10 years’ time.

Journalists will get their first chance to quiz Sir Michael about his initial thoughts on the legal landscape in around a month.

Tags:




Leave a Comment

By clicking Submit you consent to Legal Futures storing your personal data and confirm you have read our Privacy Policy and section 5 of our Terms & Conditions which deals with user-generated content. All comments will be moderated before posting.

Required fields are marked *
Email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Blog


How burnout was my catalyst for serving lawyers instead of being one

As my legal career progressed, I began to realise the reality was very different than I had envisaged. I was in a constant state of stress, working very long hours. I normalised the stress, as it seemed to be everywhere I looked.


Virtual supervision – the modern dilemma

Virtual supervision is important, but it is very important that that supervision doesn’t become virtual, and not fit for purpose. So how do we guard against that?


Loading animation