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In my opinion competition can only be a good thing but why haven't they relaxed the rules for solicitors prior to opening the profession to all and sundry. Let the solicitors (who don't make good business men apparently) have a go at securing their future before you change the rules and allow the "Tesco Lawyers" to come in and decimate the profession. It can't be a level playing field if the new entrants already have lots of other businesses and millions of pounds at their disposal and the existing solicitors have not been able to grow their pactice or partake in any other business interests due to the shackles of previous regulation!