Learn about our future plans and have your say
07 August 2020
We are currently consulting on our proposed 2020/21 Business Plan, which outlines our work programme for the next 12 months.
The plan builds on the aims laid out in our 2020-23 Corporate Strategy, which focuses on setting and maintaining high professional standards, supporting the adoption of technology and innovation, and understanding emerging opportunities and challenges for users of legal services.
Given the ever-changing nature of the legal sector, and challenges created by issues such as the Covid-19 pandemic and our changing relationship with the EU, more than ever we want to hear your views on these plans.
To help explain our proposals we are holding a webinar on 11 August. In this you will be able to learn about the key areas we intend to focus on next year, including our core work to protect the public and deliver effective regulation of law firms and solicitors.
Highlights of our proposed plan include:
- the planned introduction of the Solicitors Qualifying Examination
- increasing monitoring of anti-money laundering arrangements
- understanding and supporting the adoption of technology in the legal sector,
You can find out more about the webinar here: Go to the webinar page
Consultation on the business plan is open until 26 August. You can access the consultation here: Go to the consultation
As part of this consultation, we are also asking for views on new proposed principles for setting contributions to the SRA Compensation Fund. Every year our Board decides on the level of the profession’s contributions to the fund, based on information about trends, past and prospective claims and interventions.
The proposed principles address how we will set future contribution levels in a way that ensures the fund is both sustainable for those who need it and affordable for the firms and solicitors that pay for the fund.