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Society publishes draft budget for next financial year

7 August 2009

The Law Society of Scotland has published its draft budget and corporate plan for its next financial year, beginning on 1 November 2009.

The documents, available on the Society's website, have been released following an undertaking given at the annual general meeting in May to achieve greater financial transparency for members.

At that meeting a motion calling for a budget resulting in a practising certificate fee of £400 was defeated, but the Society undertook to seek to achieve a "material reduction" in next year's fee. The proposed budget would mean a £100 cut to £565.

Members will be able to vote on the figure at a special general meeting to be held in Glasgow on Thursday 24 September.

The corporate plan document states that "While such a reduction will impact on some of the Society activities, the plan aims to ensure that the Society can deliver an improved representative, support and regulatory service to our members."

Key objectives for the coming year set out in the plan are:

  • further investment in developing the Society's representational work;
  • finalising the revised route to qualification for Scottish solicitors and the improved lifelong learning (CPD) policy;
  • developing appropriate and proportionate regulatory frameworks and processes both for low level misconduct and for the regulation of ABS entities;
  • maintaining effective dialogue with the Scottish Government particularly on the Legal Services Bill, the Civil Courts Review and legal aid;
  • supporting the development of a profession that is "fit for purpose" in the coming decades;
  • constitutional and governance arrangements that provide the necessary framework for an efficient, value-for-money operation to fulfil the Society's statutory duties; and
  • continuing improvement of the Society’s business practices with a new service charter by spring 2010.

Click here to access the documents.

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