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Who funds the legal ombudsman

Does anyone know who funds the legal ombudsman please

Comments

  • ACG
    ACG Posts: 24,623 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Looks pretty similar to the Financial Ombudsman - http://www.legalombudsman.org.uk/?faqs=how-are-you-funded

    The firms who are regulated by them pay towards it.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • Cjsrm
    Cjsrm Posts: 7 Forumite
    If the legal ombudsman is paid by the solicitors about whom clients complain......... then why would they bother to uphold a complaint?
  • Nasqueron
    Nasqueron Posts: 10,796 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    FOS upholds tonnes of complaints (see the whole PPI industry for example), suggesting they help firms out because of their funding source is tinfoil hat territory

    Sam Vimes' Boots Theory of Socioeconomic Unfairness: 

    People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.

  • steampowered
    steampowered Posts: 6,176 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Cjsrm wrote: »
    If the legal ombudsman is paid by the solicitors about whom clients complain......... then why would they bother to uphold a complaint?

    If the funding is a compulsory levy ............ then why would the funding source matter?
  • TBagpuss
    TBagpuss Posts: 11,236 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Cjsrm wrote: »
    If the legal ombudsman is paid by the solicitors about whom clients complain......... then why would they bother to uphold a complaint?

    Well, for one, the only time the fees are waived is if the complaint is found to be without merit! So the ombudsman actually gets more funds if they uphold complaints than if they reject them.
    All posts are my personal opinion, not formal advice Always get proper, professional advice (particularly about anything legal!)
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    edited 2 February 2019 at 7:07PM
    Cjsrm wrote: »
    Does anyone know who funds the legal ombudsman please
    I assume you did not have a positive response to your complaint to O'Neill Patient solicitors?

    If you don't trust the ombudsman, you always have the option of legal action.
  • bris
    bris Posts: 10,548 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    The long and short of it is we do, we pay for everything in the end.


    The fees we pay go on to pay for the liabilities they have. So in the end the consumer pays for everything.
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