Question to the Ministry of Justice:

To ask the Secretary of State for Justice, what evidence his Department has gathered from schemes overseas comparable with the proposed Interest on Lawyers’ Client Accounts scheme.

Interest on Lawyer’s Client Account schemes have been successfully employed in several international jurisdictions for decades. As part of developing this proposal, the Ministry of Justice has undertaken extensive research and engagement with experts, officials and administrators from several international comparators. This includes schemes in Australia, Canada, France and the USA.