The Bar Standards Board (BSB) has launched a third consultation on the Legal Services Act (LSA) to determine whether the watchdog should regulate businesses as well as individual advocates.

The consultation, ‘Regulating Entities’, was launched today (27 September), the results of which will form the BSB’s position as to whether it should become an entity-based regulator of new structures under the Act such as alternative business structures (ABSs) and legal disciplinary partnerships (LDPs).