The Law Society has reported a budget surplus of £56.9m for the last financial year. The Society's annual report, published today (15 June), attributed the surplus to four factors including higher than expected collections from the first year of its 'Fairer Fees' scheme, which saw the organisation introduce a firm-based practising certificate (PC) fee in addition to an individual fee.
June 15, 2011 at 11:21 AM
1 minute read
The original version of this story was published on Legalweek
The Law Society has reported a budget surplus of £56.9m for the 2010 financial year.
The Society’s annual report, published today (15 June), attributed the surplus to four factors, including higher than expected collections from the first year of its ‘Fairer Fees’ scheme, which saw the organisation introduce a firm-based practising certificate (PC) fee in addition to the individual fee.
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