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We're "set free" in ways that we don't want.

Take me as an example. I'm a qualified solicitor, and I'm banned from offering legal services to the public without getting set up properly as a sole practitioner, paying eye watering levels of insurance, and then if it doesn't work out paying 3X the eye watering level of insurance in run off cover to close down.

How exactly am I supposed to afford that as a high street solicitor on £30k pa without taking on huge loans that will result in my bankruptcy and loss of my practising certificate if it doesn't work out?

In other jurisdictions if you're a qualified lawyer you can set up a firm just like you can set up any other company, insurance is optional, and then you can simply close down without financial penalties if it doesn't work out.

How about someone looks into this issue instead of playing about with nebulous code of conduct wording and reducing client account obligations?

/rant over