Abstract

http://ssrn.com/abstract=2207394
 
 

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Competition Law Perspectives on the Solicitors' Remuneration in West Malaysia


Eng Siang Tay


Multimedia University - Faculty of Law

Gary Ng Kit Min


Multimedia University - Faculty of Law

Chee Ying Kuek


Multimedia University - Faculty of Law

Dennis W. K. Khong


Multimedia University - Faculty of Law

March 1, 2012

Malayan Law Journal, 2012

Abstract:     
Solicitors in West Malaysia shall apply scale rates prescribed in the Solicitors’ Remuneration Order 2005 (“SRO”) on legal services involving non-contentious matters. Against this backdrop is the recently enacted Competition Act 2010. In the absence of an explicit exemption by the Competition Act, any price-fixing among similar businesses, including professional services, is an infringement of competition law, with punishment including a financial penalty.

This paper intends to examine whether or how the SRO infringes the letter and spirit of the Competition Act. We will compare with some other jurisdictions and also explore the economic effects of regulated prices in the market for legal services, and suggest corrective measures to ensure that consumers will benefit from high quality legal services when legal fees are deregulated.

Number of Pages in PDF File: 19

Keywords: Competition law, Malaysia, Solicitors' remuneration

JEL Classification: K21

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Date posted: January 27, 2013  

Suggested Citation

Tay, Eng Siang and Kit Min, Gary Ng and Kuek, Chee Ying and Khong, Dennis W. K., Competition Law Perspectives on the Solicitors' Remuneration in West Malaysia (March 1, 2012). Malayan Law Journal, 2012. Available at SSRN: http://ssrn.com/abstract=2207394

Contact Information

Eng Siang Tay
Multimedia University - Faculty of Law ( email )
Jalan Ayer Keroh Lama
Bukit Beruang
Melaka, 75450
Malaysia
+6062523057 (Phone)
+6062523082 (Fax)
HOME PAGE: http://www.mmu.edu.my
Gary Ng Kit Min
Multimedia University - Faculty of Law ( email )
Jalan Ayer Keroh Lama
Bukit Beruang
Melaka, 75450
Malaysia
Chee Ying Kuek
Multimedia University - Faculty of Law ( email )
Jalan Ayer Keroh Lama
Bukit Beruang
Melaka, 75450
Malaysia
Dennis Wye Keen Khong (Contact Author)
Multimedia University - Faculty of Law ( email )
Jalan Ayer Keroh Lama
Bukit Beruang
Melaka, 75450
Malaysia
HOME PAGE: http://goo.gl/bjjbK
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