The chief executive of the Solicitors Regulation Authority misunderstands the motivations of firms of conveyancing and probate specialists that elect to be regulated by the Council for Licensed Conveyancers, the specialist property law regulator.
They are not drawn by lower regulatory fees, because the CLC’s are higher than those of the SRA. Rather, they appreciate the benefits of tailored, activity-based regulation that is focused on the specialist services they provide, and that protects the client while supporting innovation and the development of thriving legal businesses.
The CLC was established to introduce competition into the legal services market. Thirty years on, we are still working hard to support businesses that want to find new and better ways to meet the needs of clients.
Janet Paraskeva, chair, Council for Licensed Conveyancers, London N1