Paralegal regulation became necessary as a result of the realization that - yes, the general public needs affordable justice - but there needs to be accountability and protection for that same public.A Licensed Paralegal is required to pay dues, adhere to a strict code of conduct, and maintain insurance for any mistakes that they make. A Licensed Paralegal is required to have a legal education and training prior to joining the Law Society, and is also required to keep up with their education as an on-going concern.