Could your legal services team become a revenue generator rather than a cost centre?
With councils seeking new revenue streams to fund services, how can legal services help? One route is through cost-saving measures such as shared services. But there’s also an opportunity for a more commercial approach that turns your legal services team into a law firm that wins its own business.
It sounds like a canny idea. Transform your legal services team into a generator of revenue that can be used to fund council services. Problem is, it’s complicated in practice, both from a legal and commercial perspective. What happens, for example, when your team gets into competition with local firms?
To help you navigate this maze, we’ve developed a range of practical guidance within Lexis®PSL. This helps you understand, for example, the relevant laws underpinning becoming a law firm, the rules and regulations you need to follow, the requirements in terms of PII and explanation of the SRA’s rules.
Discover LexisPSL’s practical guidance for public sector legal services teams that are looking to establish themselves as law firms.
