▁both ▁individual ▁and ▁business ▁consum ers ▁in ▁the ▁L SB ’ s ▁work ▁to ▁over see ▁the ▁reg ulation ▁of ▁law y ers . ▁The ▁establishment ▁of ▁the ▁P anel ▁was ▁a ▁stat ut ory ▁requirement ▁of ▁the ▁Leg al ▁Services ▁Act ▁of ▁ 2 0 0 7 . ▁M embers ▁of ▁the ▁P anel ▁are ▁appointed ▁by ▁the ▁L SB ▁with ▁the ▁appro val ▁of ▁Lord ▁Chan cell or . ▁The ▁P anel ▁exam ines ▁issues ▁of ▁importance ▁to ▁legal ▁services ▁consum ers , ▁advis es ▁the ▁L SB ▁in ▁its ▁work ▁over see ing ▁the ▁front line ▁regul ators ▁and ▁publish es ▁this ▁advice . ▁Should ▁the ▁L SB ▁fail ▁to ▁agree ▁with ▁such ▁advice , ▁it ▁is ▁required ▁to ▁publish ▁a ▁written ▁statement ▁out lin ing ▁its ▁reasons . ▁ ▁M emb ership ▁ ▁The ▁current ▁Chair ▁is ▁Sarah ▁Ch amb ers , ▁an ▁expert ▁in ▁reg ulation , ▁competition ▁and ▁consumer ▁policy . ▁The ▁L SB ▁announced ▁her ▁appointment ▁on ▁ 1 7 ▁April ▁ 2 0 1 8 . ▁ ▁The ▁P anel ’ s ▁inaug ural ▁Chair , ▁Dr ▁D ian ne ▁Hay ter , ▁was ▁appointed ▁in ▁ 2 0 0 9 . ▁She ▁did ▁not ▁take ▁the ▁position ▁because ▁of ▁on going ▁commit ments ▁in ▁the ▁House ▁of ▁L ords . ▁She ▁was ▁succeeded ▁in ▁August ▁ 2 0 1 1 , ▁by ▁Elizabeth ▁Dav ies . ▁ ▁After ▁Dav ies ▁stepped ▁down ▁at ▁the ▁end ▁of ▁ 2 0 1 6 , ▁the ▁Leg