Scottish solicitors to receive Covid cut to cost of practising


Millar: Impact of lockdown has not disappeared

The Law Society of Scotland has again reduced the cost of practising in recognition of the impact of Covid-19 on its members – in contrast with its counterpart in England and Wales.

The body’s governing council has set the practising certificate (PC) fee for every Scottish solicitor at 10% less than the pre-pandemic level of £460 in 2019/20, and similar cut to the ‘accounts fee’ paid by law firm partners of up to £422.

The proposals will be put to a vote at next week’s annual general meeting.

Amanda Millar, president of the Law Society of Scotland, said: “While restrictions are easing and business is increasing, the impact of lockdown has not disappeared. That is why we are proposing keeping fees below the pre-pandemic rate for a second year to help Scottish solicitors and their businesses on the road to recovery.”

In the wake of the first lockdown last year, the society reduced its fees by 20%, saving solicitors up to £380 a year, at a cost of £2.2m.

It also furloughed staff, imposed a recruitment freeze and identified other savings.

The Law Society of England and Wales kept its individual practising fees static for a fourth year in 2020, but did not offer any reductions or make any cuts.

This was even though two-thirds of solicitors said they did not consider it value for money, and many expressing concern at the level being charged given the impact of Covid-19.

This year’s proposed fees have not yet been announced but the Solicitors Regulation Authority said earlier this month that it did not expect its portion of the fee – about £150 for the £278 individual practising certificate – to increase this year despite looking to increase its budget by £2m to nearly £72m.

Around 60% of the Law Society’s practising fee income comes from the firm fee, which Scotland does not have.




Leave a Comment

By clicking Submit you consent to Legal Futures storing your personal data and confirm you have read our Privacy Policy and section 5 of our Terms & Conditions which deals with user-generated content. All comments will be moderated before posting.

Required fields are marked *
Email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Blog


Succession (Season 5) – Santa looks to the future

It’s time for the annual Christmas blog from Nigel Wallis, consultant at Legal Futures Associate O’Connors Legal Services.


The COLP and management 12 days of Christmas checklist

Leading up to Christmas this year, it might be a quieter time to reflect on trends, issues and regulation, and how they might impact your firm.


The next wave of AI: what’s really coming in 2025

The most exciting battle in artificial intelligence isn’t unfolding in corporate labs; it’s happening in the open-source community.


Loading animation