The Solicitors Regulation Authority has thrust its hand out again, this time asking for a 29% budget increase funded by PC fees.
So it is probably wise of the organisation not to increase the pay of its chair, a post that will soon become vacant.
An advertisement has appeared to recruit a replacement for Anna Bradley, who leaves in December after almost eight years. Her successor will be paid the same – £105,000 per annum – for an initial term of three years, requiring a minimum of two days a week.
The SRA’s well-publicised vicissitudes (and the list of skills and attributes required) suggest that the successful applicant will hardly be motivated by the money. The new chair must ‘bring the resilience needed to navigate conflicting demands and sustained external scrutiny’ and ‘have political acumen with the ability to grasp relevant issues, understand complex relationships between interested parties and act as mediator and influencer’.
When you put it that way, £105k doesn’t sound that much at all.
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