CPD for Solicitors
SRA consider dropping minimum wage
The Solicitors Regulation Authority is to consult on whether to continue to set minimum pay rates for trainees.Current minimum salary levels for solicitors are £18,590 in central London and £16,650 outside, and have been frozen for the past two years. However the SRA board decided at its meeting today to revisit the whole issue.
In the 'Gazette' today, The SRA’s executive director Samantha Barrass said: ‘We do not regulate prices, including rate of pay, in any other area of our work.
‘We have compared the practice with other professional regulators and found very few examples where this occurs. It would appear that setting a minimum salary does not address any identified risk to the public interest or the rule of law, nor is it clear that it improves access to the profession.’