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The Law Society’s share of the Practising Certificate fee should be repaid to solicitors if the Solicitors Regulation Authority becomes fully independent, the regulator’s chief executive has said. Paul Philip said the society’s share was around £35m or £250 for each solicitor.

The vast majority of solicitors who responded to a Law Society survey on the practising certificate fee said they thought it did not represent value for money. Many said the Law Society should get a bigger share and the Solicitors Regulation Authority a smaller one.

Solicitors believe the practising certificate (PC) fee is still too high, despite a cut of 17% approved by the Law Society council earlier this month, research has revealed.