The proposed reforms to the legal profession will save more than $130 million over 10 years in cost and duplication and will actually grow the economy by more than $25 million, according to independent economic analysis.
And consultation on these reforms will commence next Friday following the delivery of the draft legislation last month, the Federal Attorney-General Robert McClelland announced today.
The National Legal Profession Reform (NLPR) consultation package, to be received by the NLPR Consultative Group today, will include a draft bill, accompanying national rules, a consultation report from the Legal Profession Reform Taskforce, a regulation impact statement and independent economic analysis.
The consultation process will be facilitated through stakeholder meetings held in all states and territories throughout May and June and the Government will invite consumer representatives to a one day workshop to receive input from the perspective of legal service consumers.
"Comments on all aspects of the proposals will be closely considered as public scrutiny and robust debate will be critical to ensuring we achieve a national system that serves us well in the coming decades," McClelland said.