LSB confirm practice fee and Compensation Fund contributions to fall

The Legal Services Board (LSB) have confirmed that individual practising fees will be £266 in 2021/22… a £12 reduction from 2020/21 and a 17% reduction over the last 6 years.  Despite an increase in the SRA’s funding requirement he continued rise in the number of practising solicitors means that individual fees will be less than […]

Legal services sector recovering well according to ONS

The Office for National Statistics (ONS) Index of Services for June reveals that the legal sector is recovering well following the pandemic. Although figures show that the services sector grew by only 1.5% between May and June this year, which is still below the 2.1% that was recorded in February 2020 and the last month of […]