# Lawyers slapped with fee hike as regulator scrambles to fix its ‘foundations’

- URL: https://talkfuse.com/story/lawyers-slapped-with-fee-hike-as-regulator-scrambles-to-fix-its-foundations/
- Published: 2026-11-12T12:03:24+00:00
- Updated: 2026-11-12T12:23:01+00:00
- Original publisher: City AM (publisher lean: Right)
- Original article: https://www.cityam.com/lawyers-slapped-with-fee-hike-as-regulator-scrambles-to-fix-its-foundations/
- Topics: Business

## Key points

- Practising certificate fees rise to £240.
- Solicitors’ fund contributions increase to £170.
- SRA plans earlier risk detection and a regulatory reset.

## Summary

The Solicitors Regulation Authority (SRA) is raising fees for solicitors and law firms to fund a regulatory reset after several major law firm collapses and growing pressure on its compensation fund. It says the higher contributions will help meet future obligations and support a strategy focused on spotting risks earlier.

The annual practising certificate fee will rise from £190 to £240 in 2026-27, a 26 per cent increase, bringing it to more than 65 per cent above its 2021-22 level. Solicitors’ compensation fund contributions will rise from £70 to £170, while firms’ fees will increase from £1,950 to £2,170. The SRA reported more than 500 claims linked to PM Law’s collapse, drawing £15.6m from the fund; it also plans improved complaint timelines, regular client updates and greater use of data to identify potential harm.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.