23 June 2022
We have published separate but connected reports on Authorisation, Client Protection, Education and Training and our enforcement work (published under the title: Upholding Professional Standards) for the financial year from 1 November 2020 to 31 October 2021.
20 December 2024
This set of annual reports gives an insight into the core work we do to protect consumers and drive trust and confidence in legal services. They are a key part of making sure we are open and transparent, helping the profession and public understand the work we are doing, while sharing insights on changes in the sector.
14 November 2024
In 2023 the Solicitors Regulation Authority (SRA) carried out twice as many interventions (closing down a firm to protect clients’ interests) as in 2022, including high profile closures. There are signals that the nature of risk in the sector is changing, and so the SRA is considering its response to risk.
20 July 2023
This combined set of reports covers our work in authorisation, client protection and education and training for our financial year November 2021 to October 2022,
5 June 2024
The primary object of the SRA Compensation Fund (the Fund) is to replace money
which a defaulting practitioner (primarily solicitors) or a defaulting practitioner’s
employee, manager or owner has misappropriated or otherwise failed to properly
account for.
3 December 2015
The Financial Protection Committee's compensation fund review working party has completed its 18-month review of the compensation fund under terms of reference agreed by the committee following consultation with the representative Law Society.
9 June 2025
The Solicitors Regulation Authority Compensation Fund (the Fund) can make payments to members of the public and small businesses. It provides a vital safety net for client money that is not accounted for or has been stolen.
16 July 2026
The theme of this year's report is change in the legal market, with the sector becoming increasingly complex, innovative and competitive. With this added complexity comes more potential risk for consumers and the public whose interest we serve.
23 June 2022
If we know that people are at risk of receiving legal services from a dishonest solicitor, or it is, for some other reason, necessary to protect the interests of clients, we can take action and close down a firm or a solicitor’s practice.
1 December 2020
The primary object of the Compensation Fund (the Fund) is to replace money which a defaulting practitioner or a defaulting practitioner's employee or manager has misappropriated or otherwise failed to account for.
