You’re not alone if you think all law firms are regulated.

Research shows most people think every legal services provider is regulated. Lawyers can help at life’s turning points – buying a home, getting a divorce, starting up a business. With our personal lives and finances at stake, we fully expect legal advice to be expert and properly regulated.

But the truth is not all law firms are regulated.

So what would you do if you had a legal problem? How would you choose a lawyer? Did you know that using a regulated law firm protects you against some kinds of risk?  Read on to learn more about choosing a lawyer.

Using a regulated law firm

People who work in a regulated law firm must meet the high standards set by the firm’s regulator.

When you use a regulated firm, you are protected. The firm has insurance to protect you if something goes wrong. You may be able to claim through the regulator’s compensation scheme if your money is wrongly taken by the firm.

You can complain to the Legal Ombudsman if you’re unhappy with a regulated firm’s service.

If you’re concerned about the actions of a regulated firm or someone who works there, you can complain to the firm’s regulator.

Finding out if a law firm is regulated

Law firms must be clear about who regulates them. This information is usually on their website.

The Council of Licensed Conveyancers, the Solicitors Regulation Authority, and CILEx Regulation all give the firms they regulate a smart logo to display on their websites.

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Only genuine law firms are allowed to display these smart logos. If you’re choosing a lawyer, look out for them. It means a firm is regulated.

Another way to check whether a law firm is regulated in England and Wales is to search the regulators’ registers of legal professionals.

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Your Comments

A Leadbeatter says:

Fri, 06/26/2020 - 16:09
Comment
I would agree that in an ideal world picking a regulated firm would be the first choice, however, we are not in an ideal world and some regulators, like the SRA, rely on the firms it regulates to police themselves, and it will only get involved when things have gone wrong!

The financial crash of 2008 showed that self-regulation does not work, so why 12 years on from this are we still seeing it?

The current regulatory regime needs to go and be replaced with a new single legal regulator so consumers only have one place to go rather than to one of the current multitude of legal regulators!

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