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Using regulatory data: better information for better business

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Presentation on theme: "Using regulatory data: better information for better business"— Presentation transcript:

1 Using regulatory data: better information for better business
Richard Williams

2 Information we could publish
Online digital register about firms and solicitors: Basic regulatory information Enforcement action First tier complaints data Areas of practice

3 Information firms could publish
Price Description of services Regulatory protections How to complain (including to Legal Ombudsman) Insurance details

4 Possible price categories
For people For small firms Residential conveyancing Uncontested divorce not including children and finance issues Financial disputes within divorce Drafting of wills Probate/Estate administration Drafting of Power of Attorney Motoring offences Personal injury (plaintiff) Employment tribunal cases Employment tribunal cases Debt recovery Licensing applications in relation to business premises

5 Positive impact for firms
Growth opportunities as more people use legal services for the first time and shop around The opportunity to use positive marketing to emphasise the regulatory protections available and a good complaints record

6 Positive impact for people and small businesses
Encourage participation in market and make choice easier A more competitive market - price and service Increase understanding of the protections that apply

7 What support could we provide?
Supporting implementation Possible impact Firms will need to publish price and other information on website People will choose lowest price Negative perception of complaints data What support could we provide? Price and information guidance templates Our proposals will empower people to shop around on more than just price We will contextualise data to help people understand

8 Timetable By the end of 2018


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