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If the LSCP believes there is no connection between price and service then the LSCP is living in a dream world.
Why is it that those conveyancing firms with whom we deal who offer cheap fees appear to employ people who don't know what they are doing so we spend a lot of time pointing out what they are doing wrong.
How come cheap wills often dont address all relevant issues.
The fact is the SRA isn't regulating anyone. It exists as a punishment process for those who get caught.
The desire for greater turnover, as illustrated above, at any price is the great Solicitor disease.
Turnover is vanity. Profit is sanity.
Price is not the overwhelming criteria for most clients. For those clients who are price conscious whatever you do won't be good enough. Your first thoughts should be towards profit ie a proper price structure together with an enhanced customer experience.
I can think of no reason why the LSCP is required and it along with the LSB should be wound up.