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Law Society reduces cost of practising certificate

14 July 2011 | By Katy Dowell

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The Law Society Council has cut the cost of the solicitors practising certificate by 23 per cent, knocking it down from £428 to £328.

Law Society chief executive Des Hudson said: “The closure of our defined benefit pension scheme, together with the benefits of the investments made over the last few years in systems and a major cost reduction and efficiency programme, has enabled the society to make a significant reduction in the practising certificate fee for next year.

“It’s our intention to continue to contain the costs of the Law Society in the coming years.”

Net funding for the Law Society in 2012 will fall 22.1 per cent to £94.8m from £121.7m.

Meanwhile, the council has approved plans to increase contributions to the compensation fund in 2011-12, with individual solicitors required to contribute £60 while firms will pay £770 each.

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Readers' comments (5)

  • Anonymous | 14-Jul-2011 4:47 pm

    Is the compensation fund used by the Law Society to pay off its discrimination claims?

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  • Anonymous | 14-Jul-2011 5:27 pm

    How about slashing the SRA Junior Member Fee? £200 collected from all LPC students for sweet F.A.

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  • Anonymous | 15-Jul-2011 10:13 am

    Good work Law Society.

    I know its fashionable to be cynical, but I think the changes over the last 18 months have been impressive.

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  • Anonymous | 15-Jul-2011 11:39 am

    This is wonderful news; lawyers and law firms don't have to waste quite as much money as they used to!
    Lets face it, the SRA is an utter joke on an organisation, and like the News of the World, should have been closed down years ago!

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  • Anonymous | 15-Jul-2011 3:13 pm

    Come off it that is not fair. The SRA are nowhere near as bad as NotW. Everyone knows that the SRA are much, much worse than them.

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