Law firms could be asked to contribute up to 80% of the costs of regulating the profession under proposed changes to the practising certificate (PC) fee put forward by the Solicitors Regulation Authority (SRA). The consultation paper on the preferred model for sharing costs of regulation issued by the SRA today (10 December) contains further details of plans to split the PC fee into two components - an individual fee and a firm-based fee.
December 10, 2009 at 09:13 AM
1 minute read
The original version of this story was published on Legalweek
Law firms could be asked to contribute up to 80% of the costs of regulating the profession under proposed changes to the practising certificate (PC) fee put forward by the Solicitors Regulation Authority (SRA).
The SRA’s consultation paper on the preferred model for sharing costs of regulation issued today (10 December) contains further details of plans to split the PC fee into two components – an individual fee and a firm-based fee.
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