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Four times as many law graduates will be able to practise as solicitors after the solicitors qualifying examination comes in in 2021, a move that will be “transformative” for access to the law.

The Solicitors Qualifying Exam could be postponed beyond its launch date of 2020, the Solicitors Regulation Authority has admitted. In a further development, the regulator has said it was possible that the all-powerful central assessor of the new exam could also be a course provider.

There is a risk that the Solicitors Regulation Authority’s plans for education reform will do little to disrupt the privilege of students with access to funding and other advantages, according to an independent report commissioned by the regulator.

Paul Philip, chief executive of the Solicitors Regulation Authority, has announced a rethink on plans to abolish the minimum period of workplace training required by all future solicitors. Meanwhile, the regulator also yesterday launched ‘Law Firm Search’, a new searchable, online database of the law firms it regulates.

Plans by the Solicitors Regulation Authority to introduce a centrally assessed Solicitors Qualifying Examination could create an “even greater diversity problem” for the profession, the Law Society has warned. The society said it could be a “huge issue for those without financial support”.