When it becomes law, the Legal Services Bill (LSB) will be a watershed moment for the legal industry. The legislation, which is currently with the House of Lords, promises to fundamentally alter the shape of the UK legal market. Firms of all sizes, and in particular the small to medium-sized section of the industry, need to be aware of the upheaval that is about to take place and get ready now.
Preparing for this Bill is about more than just reading it – it is about deciding a future strategy and building your business and IT processes accordingly. The post-LSB world is going to be tough and you need to decide whether you are going to be a diner or dinner.
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