Law firms at risk as rules entice insurers

A new government bill that will allow insurance companies to own or invest in law firms will create a conflict of interest within the sector, according to an industry source.

A new regulatory body and other changes will liberalise the strict ownership rules governing law firms when the Bill is implemented later this year. The concept of legal disciplinary practice (LDP) would allow solicitors, barristers and other lawyers to practice together and could enable non-lawyers to own law firms and

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