Law’s arch-regulator appoints first ever board

Irwin Mitchell’s Michael Napier QC and ex Reuters general counsel Rosemary Martin are among the first-ever members of the Legal Services Board.

Law’s arch-regulator appoints first ever boardIrwin Mitchell senior partner Michael Napier QC and former Reuters general counsel Rosemary Martin (pictured) are among the first-ever members of the Legal Services Board (LSB), which was confirmed today.

Appointed by Lord Chancellor and justice secretary Jack Straw, the board was set up under the Legal Services Act to serve as the overarching regulator for the Solicitors’ Regulation Authority and Bar Standards Board, wielding the right to strip those bodies of their powers.

Jack Straw said in a statement: “Establishing a new Legal Services Board is another important step towards raising the standards and simplifying regulation in the legal services sector.

“The Legal Services Board has an important remit as a new independent and publicly accountable body.”

The nine-member board, chosen from more than 300 applicants, is expected to cost £3.9m to set up and is due to be fully operational by Spring 2010. David Edmonds, its chair, was appointed in April (TheLawyer.com, 23 April).

Members will sit for three years from September, receiving a £15,000 salary for an estimated 30 days’ work a year.

The board members in full:

– Terence Connor, Financial Services Compensation Scheme non-executive director;
– Stephen Green, retired chief constable of Nottinghamshire Police;
– Rosemary Martin, former general counsel, Reuters
– Bill Moyes, executive chairman of Monitor – the independent regulator of the NHS Foundation Trusts
– Michael Napier QC, Irwin Mitchell senior partner
– Barbara Saunders, Independent consumer consultant
– Nicole Smith, Judicial Appointments Commission panel chair
– Andrew Whittaker, Financial Services Authority general counsel;
– David Wolfe, Matrix Chambers founder.

To read an interview with David Edmond, chair of the LSB, click here.