Podcast Location:
Download it here [file size: 20.2 MB]
Categories:
Practice Management, Marketing & Skills
CPD Points:
Up to 1 point. details »

Due to the difference in guidelines between the SRA and the Bar Standards Board, CPD points are awarded differently for Solicitors, Barristers and Legal Executives:

Regulated by the Solicitors Regulation Authority:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Regulated by the Bar Standards Board:
Listen and pass the quiz: Gain 1 accredited CPD point (60 minutes)

Regulated by ILEX:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Cost:
  • FREE
Length:
30 minutes of audio
(+ optional 5 minute online quiz)
Plays on Computer:
Yes Downloadable as MP3:    Yes
Contributor(s):
Course Aims:

This podcast aims to provide the listener with an analysis of the proposed Alternative Business Structures for the legal profession. The podcast outlines the case for outside investment and new structures, and aims to help the listener examine the need for alternative structures in their own area of the profession.

THIS CPDCAST IS NOT ACCREDITED BY THE BAR STANDARDS BOARD

Outcomes:
After completing the course you will:
  • Understand the major changes enabled by the Legal Services Act 2007;
  • Understand the benefits of outside investment;
  • Understand the case for liberalisation of the profession;
  • Understand the key performance indicators for a firm;
  • Understand the role of cost-cutting and its limitations;
  • Understand the problems involved in regulating the new business models.
Level:
Beginner Difficulty: 1 of 5
Sources and References:
  • Legal Services Act 2007.

In this podcast, Tony Williams, ex-managing parter with Clifford Chance offers his views on the changes that will come about as a result of the Legal Services Act 2007. Tony particularly responds to the criticism that alternative business structures will lead to the 'commoditisation of legal services' and highlights how the pressures vary with different areas of the profession. This podcast also looks at key performance indicators that firms may wish to consider and how such alternative business models will be regulated.

THIS CPDCAST IS NOT ACCREDITED BY THE BAR STANDARDS BOARD

Podcast last reviewed: 2011-08-30

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