The government is set to announce that it is to relax rules on the legal profession, potentially opening up new opportunities for accountants.
Lord Falconer is to outline the government’s response to the Clementi review into the legal profession today, and is expected to allow ‘multi-disciplinary’ practices in which accountants could work alongside their legal counterparts, reports the Financial Times.
The reforms will also open up legal practices to outside investment. The government thinks the moves will give consumers greater choice.
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