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Critics of the present system and its in-constructed pro-lawyer bias point to the very fact the SLCC itself is effectively run by the Regulation Society who pay for its working by means of subscriptions raised by legal professionals who in flip improve consumer charges to fund their very own pat-on-the-back self regulation cartel. Professor Black, director of the regulation faculty at the London Faculty of Economics, said: Let's be trustworthy about self-regulation.
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