The Legal Services
Act obliges legal firms to understand their clients’ needs.
The Act seeks to liberalise and regulate the market for
legal services in England and Wales. It
is designed to encourage competition and provide a better service and greater
protection for users of legal services. Through deregulation and the opening up
of the market to Alternative Business Structures (ABS), however, it also
presents lawyers with certain opportunities and threats.
BDRC Continental provides legal teams with the necessary
insight to make sense of this changing landscape. Identifying areas under threat from new
entrants and the new services that could be developed are just two ways our
experts can help strengthen legal firms’ relationships with clients.
Our research also enables new market entrants to identify gaps
in the market and test new offerings, helping support business plans.