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This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
The Law Society and the Solicitors Regulation Authority (SRA) are locked in a turf war over the appointment process for the SRA board.
The Law Society is managing the appointment of a new chair and board members and has two places on the five-member appointments panel. Despite its being the SRA’s board, the regulatory body has no input.
An SRA source said: “If lawyers appoint everyone on their regulatory body, how can it be independent? We’d be doing it if this was a truly independent body.”
The SRA had sent a letter to the Law Society outlining its concerns, but this failed to change the process.
SRA chief executive Antony Townsend said: “The Law Society should have an involvement on behalf of the profession, but not dominate the process. It’s important that representative issues don’t dominate regulatory arrangements - it’s a question of public credibility.”
The Law Society defended its position. Director of government relations Russell Wallman said: “It would be wrong [for the SRA] to appoint its own successor. But we need to carry it out in a way that doesn’t just allow for us to pick our friends.”
The line-up of the board is expected to be announced by July.