Djanogly fires starting gun for UK law firms to seek third-party ownership

[w] The decision was announced by the Ministry of Justice on 3rd January, some distance behind the proposed date of 6th October 2011. The UK Justice Secretary, Ken Clarke QC MP, then said the reforms, which allow solicitors, barristers and other professionals to work together, should increase competition and allow firms to grow, he said, and allows non-lawyer investment into the sector. The reforms remove existing restrictions on legal firms allowing them to offer more competitive services to