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Suzanne Townley

News Editor, Solicitors Journal

LSB consults on budget

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LSB consults on budget

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The news in 60 seconds

The Legal Services Board (LSB) has launched a consultation on its draft business plan and budget for 2023/24. Covering the third year of its Reshaping Legal Services strategy, the plan sets out planned work for April 2023 to March 2024. It highlights work in key areas such as the implementation of revised regulatory performance framework and new policy statements on consumer empowerment and ongoing competence; equality, diversity and inclusion; professional ethics; ensuring disciplinary and enforcement processes are fair and consistent; and development of a toolkit for regulators on financial protections.