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The Legal Profession (Alternative Business Structures (Disadvantages…
The Legal Profession
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Barristers
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Regulations
General Council of the Bar - Acts as a trade union for the Bar and notifies govt of issues such as Legal Aid Repayment
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Evaluation
Expensive training process - £45,000
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Solicitors
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Work
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Draft documents, calculate claims, meet w/ clients, prepare cases
Only have rights of advocacy in County or Mags or can apply for a Certificate of Advocay to gain full rights
Regulation
Law Society - Act as a trade union, have to pay to join, support for 200 years
Solicitors Regulation Authority - Monitors performance, can put to Solicitors Misconduct Tribunal under s.47 Solicitors Act 1974
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Evaluation
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LPC around £14,000 and no govt aid available
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Globalisation
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Advantages
Allows for international firms and mergers to form giving better resources and expertise which will lower costs
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Shared laws on terrorism, trade an climate change means we can battle it together
Queen's Counsel
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Application
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£2,160 to apply, £3,600 to take position
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Legal Ombudsman
If a dispute between a layman and lawyer cannot be decided between them or by the regulatory body, it goes here
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