A Glossary of Regulatory Acronyms
Posted on 2nd Aug 2013 in Legal Profession
Legal professionals are subject to no fewer than SEVEN professional regulators, whose names and functions are often referred to in a bewildering Scrabble tray of acronyms and abbreviations.
Apart from (1) the BSB which deals with barristers, (2) the SRA which deals with solicitors, and (3) the IPS which deals with legal executives and paralegals, there are also: (4) the CLSB for costs lawyers; (5) the CLC for conveyancers; and (6) the IPReg for trade mark attorneys and patent attorneys. Arching over all seven regulators is (7) the LSB.
To make life easier, their full and abbreviated names, together with those of professional associations and regulatory terminology, have all been set out in a glossary, below, to which we will link in future postings where relevant.
Glossary of Legal Regulatory Acronyms
|ACL||Association of Costs Lawyers|
|BSB||Bar Standards Board, created by the Bar Council as the regulator of barristers|
|CIPA||Chartered Institute of Patent Attorneys|
|CLC||Council for Licensed Conveyancers, the regulator for licensed conveyancers|
|CLSB||Costs Lawyer Standards Board, regulator for the ACL|
|CPD||Continuing professional development, a system for ensuring professionals maintain their standards of competence|
|IPReg||Intellectual Property Regulation Board, the regulator for ITMA and CIPA|
|IPS||Ilex Professional Standards, the regulator of the Chartered Institute of Legal Executives|
|ITMA||Institute of Trade Mark Attorneys|
|JAG||Joint Advocacy Group, consisting of representatives of the BSB, SRA and IPS|
|LASPO||Legal Aid, Sentencing and Punishment of Offenders Act 2012, which brought in the current raft of cuts in legal aid services.|
|LSA 2007||Legal Services Act 2007|
|LSB||Legal Services Board, the regulators’ regulator or über-regulator|
|NTA||Non Trial Advocate (see also POA), an advocate who can only represent a client who pleads guilty (eg for mitigation).|
|OCOF||One Case One Fee: the system under which an advocate is paid a flat fee regardless of the complexity or duration of the case|
|POA||Plea Only Advocates: an advocate qualified only to represent a client who wishes to plead guilty (now renamed NTAs or Non Trial Advocates).|
|QASA||Quality Assurance Scheme for Advocates|
|SRA||Solicitors’ Regulation Authority, created by the Law Society to regulate solicitors|