The Law Society – Practicing Certificate Fee consultation
As a member of the Law Society, you are a part of a community of over 200,000 solicitors across England and Wales. As your professional body, the Law Society have been proud to represent the interests of solicitors for almost 200 years.
Collectively, the legal profession contributes £60bn to the UK economy and facilitates trillions of pounds of transactions globally, upholding the law and delivering justice. Our job is to champion, protect and support your interests, as well as to promote access to justice and defend the rule of law both domestically and internationally. The fees you pay as an individual, or that your firm pays on your behalf, are the main source of income for the Law Society. The income from these fees determines what we can plan and undertake for you, the profession, and wider society.
We have progressed with developing our next Corporate Strategy for the period from November 2022 until October 2025, setting out our new vision, objectives, and beneficial outcomes for the forthcoming three years. This vision has the full support of our Council and Board, and they have urged us to be ambitious in our plans to maximise the impact and value we give to our members. We need the funding to support this ambition and ensure we have the necessary resources to achieve it in the challenging times ahead.
This is the first year in several years that we are seeking an increase in the income we receive from the PC fee after taking a £3million (10%) cut during the pandemic in 2020 which was sustained in 2021 too. Whilst we know an increase is not desirable for members, we believe that the rationale and data we have shared through the consultation will help members understand why an increase is necessary. We want to be able to effectively support, promote and protect the profession and need appropriate resources to achieve that. This is coupled with the efforts we have already been making to become more efficient and driving our commercial income too.
We are encouraging our members to complete a survey to help shape our direction for the next three years. This is a key opportunity to share your views and let us know what you think we should prioritise, and the level of ambition you want us to have.
The survey should take 10 minutes to complete, and all responses are completely anonymous. The survey will close on Friday 27 May 2022.