Jurisdiction(s):
United Kingdom

Key definition

ACT definition

What does ACT mean? In corporate and banking practice, ACT usually refers to the Association of Corporate Treasurers, the UK-based professional body for corporate treasury professionals, rather than a statutory “Act”. It is not defined in legislation or case law; the acronym is market terminology used in transaction documents and governance materials. The Association of Corporate Treasurers promotes professional standards in liquidity management, funding, cash and risk management, foreign exchange and derivatives. It publishes guidance and a code of ethics and awards recognised qualifications (including AMCT and FCT). In legal contexts, references to “ACT-qualified” personnel or to ACT good practice may appear in treasury policies,...

Unbundled Advocacy and Litigation Support for Solicitors: SRA Duties, Limited Retainers, Court Record, Bundles, Negotiations, Costs, McKenzie Friend and Bar Direct Access (England and Wales)

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Practice notes

This PrACTice Note sets out essential guidance for firms when delivering unbundled advocacy services or aiding a Client in a contentious matter. A distinct Practice Note addresses the provision of general advice and assistance on an unbundled basis: Unbundled legal advice, alongside an overarching Practice Note on What to consider when offering unbundled services. If you are contemplating unbundling legal services to, or from, a Separate business, consult also Practice Note: Separate business and unbundling legal services.

Litigants in person may prefer to obtain advice before attending court where they will speak for themselves. Alternatively, they might run the claim personally yet ask a firm to secure representation for a specific hearing. Some clients are court-literate, eg because they possess a legal background or other expertise that prepares them to handle their own case. Many others have little choice but to act without a lawyer due to cost. Making unbundled options available can enable current and potential clients to access legal representation they would otherwise be unable to afford.

What is unbundling?

An unbundled service typically involves supplying discrete, limited legal advice and assistance to a client acting in person. By its nature, an unbundled service remains necessarily limited and...

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Web page updated on 27/05/2026

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