Benefits of an open and competitive legal economy
This report explores how legal sector openness, reform and innovation drive UK economic growth and global competitiveness.
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This report and its contents are independent from government and do not represent government policy.
The Ministry of Justice commissioned Hook Tangaza - an independent, specialist advisory firm that focuses on the legal sector - to analyse the numerous economic, trade, and innovation benefits of the UK’s liberalised legal services market.
The report explores how the UK’s liberal, well-regulated legal services market underpins its economic success and strengthens the UK’s global reputation for the rule of law. Drawing on economic data and sector insights, the report highlights:
- legal services reform and the sector’s connection to growth
- how openness and competition support inward investment and trade
- how liberalisation drives innovation in UK legal services