Source: Legal Futures

Legal Futures reports that the UK government is exploring the possibility of using interest accrued on client accounts held by law firms to fund free legal advice services. The proposal aims to provide sustainable financing for legal aid and improve access to justice. Discussions are ongoing regarding the ethical and regulatory implications of this funding mechanism, including its impact on law firms’ management of client accounts.

Stakeholders in the legal profession are encouraged to participate in consultations to ensure fairness and transparency. The initiative is part of broader government efforts to support the provision of free legal advice. Future policy decisions will be informed by feedback from the legal community and other interested parties.