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So, let me get this right, as more and more solicitors opt for the non-regulation option now to be available, does that mean that there will be far fewer solicitors who are regulated? If so, will the few remaining regulated solicitors find their practicing certificate fees rising astronomically as the SRA seeks to cover its bloated costs across a much smaller base? Will that base of regulated solicitors then throw in the towel or go bankrupt as the fees take up an unmanageable chunk of their revenue? And will the SRA then collapse into a financial black hole, as it finds no-one is left to cover their costs? If so, how deeply ironic!

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