Conclusion
The legal profession in England and Wales has traditionally organised around the delivery of reserved activities by either sole practice or partnership. Barristers were sole practitioners while members of one of the Inns of Court and usually of chambers.
A large proportion of solicitors’ firms have been owned by sole practitioners. Both forms have operated to exclude the possibility of non-lawyer ownership and management of the delivery of legal serves. Government policy has been to reduce the cost of legal services, in part, by increasing competition between existing legal providers and by bringing new providers into the legal services market.141 J Webb, ‘Commentary’ (2005) 8 Legal Ethics 185.
It remains to be seen what the impact of the Legal Services Act 2007 will be. The security of professional monopoly made parts of the English legal profession complacent, over-dependent on routine activity, such as conveyancing, and unwilling to innovate. Leaving solicitors to manage their own businesses may not have led to optimum number and size of business, a barrier to the market efficiency that government desired. It is also arguable that drastic action was necessary in order to achieve an efficient re-ordering of the legal services market. The Legal Services Act will increase the business orientation of lawyers. Whether it will also have an impact on ethical orientation is unknown.
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