Why choose an unregulated practice?
360 Business Law is a division of 360 Business & Private Client Law Limited, 360 Law Groups unregulated practice. 360 Business & Private Client Law Limited provide dedicated, high calibre legal advice to businesses, private clients and consumers across the globe.
Just because we provide unregulated legal services does not mean they are of inferior quality to our regulated legal service, 360 Law Services. All legal services are provided by our highly qualified and experienced lawyers. Every lawyer we use has either qualified as a Solicitor, a Barrister or an overseas attorney and has gained at least five (5) years of practical experience in their area of specialisation.
They simply choose to practice in an unregulated manner as “Lawyers”.
Unlike a regulated practice, lawyers practising on an unregulated basis are not answerable to the SRA or General Counsel of the Bar, and do not have to hold professional indemnity insurance, both of which significantly increase a law firms overheads forcing up fee rates. Instead, our unregulated practice contracts with clients on mutually beneficial commercially terms, where risk is mitigated, and liability is limited in a manner that is fair. Much the same as any other commercial organisation transacts its business.
The ability to transact business on balanced commercial terms coupled with our low overhead, achieved through a distributed practice model using state of the art technology, means we can deliver high quality legal services at a fraction of the price charged by city and major regional practices, and significantly less than even high street practices.
What are unregulated legal services?
It’s easier to tell you what reserved legal activities are.
Parliament determined six areas of legal activity that must be practised in a regulated capacity by Solicitors or Barristers, these are:
• the exercise of rights of audience (i.e. appearing as an advocate before a court);
• the conduct of litigation (i.e. managing a case through its court processes);
• reserved instrument activities (i.e. dealing with the transfer of land or property under specific legal provisions);
• probate activities (i.e. handling probate matters for clients);
• notarial activities (i.e. work governed by the Public Notaries Act 1801); and
• the administration of oaths (i.e. taking oaths, swearing affidavits etc.).
ALL other areas of law can be practiced on an unregulated basis.
A breath of fresh air for the sector.
If you are seeking advice on an unreserved matter. instructing a lawyer through an unregulated practice will certainly lower your fees, and with us, quality will not be affected. That we guarantee.