Sharing the spoils
I welcome the contribution from Philip Evans of Hull (see [2001] Gazette, 12 July, 18), commenting on the Law Society's fee-sharing consultation document.I take Mr Evans' point that there is a risk that an over-concentration on the links between solicitors and accountants can distract from the full range of possibilities fee- sharing arrangements open up.As chairman of the Society's regulation review working party, I am most keen that solicitors understand the full implications of these proposals, both in terms of the risks that they pose and also the opportunities that they present.Mr Evans mentions links with estate agents, which are a good example of what might be permitted under a new fee- sharing regime.
Other startling examples might be tie-ups with major retailers or other types of commercial institutions.I welcome all contributions to this debate.
The matter will come back before the Law Society Council in October when the consultation deadline has expired.
The council will need to make a decision on this difficult issue with the benefit of input from the profession around this challenging topic.Ed Nally, chairman, Law Society's regulation review working party
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