The Solicitors Regulation Authority (SRA) has scrapped its student enrolment fee and reduced its Legal Practice Course (LPC) payment by nearly 90 per cent.
The changes have come about because of the red tape initiative contained within the Legal Education and Training Review (LETR).
The SRA used to charge an £80 enrolment fee for students, payable before they could begin the LPC, as well as a £120 fee to enrol on that course. It has now cut the latter fee by 87.5 per cent, meaning that future LPC students will have to pay just £15 to enrol.
The fee cuts are made against a backdrop of ever-rising LPC fees. The University of Law’s London campus leads the pack with fees of £14,750 while Westminster University increased its fees by 11 per cent for 2014 to £11,500. (21 March 2014).
The Legal Education and Training Review was finally published last summer after several delays, with the profession’s three main professional bodies, the Solicitors Regulation Authority, the Bar Standards Board and the Institute of Legal Executives, all contributing to the review (25 June 2013).
The report called for black-letter law elements of the LPC to be trimmed to allow for a greater focus on commercial awareness and also recommended that educators and firms “blend” formal education and training contract experience. It also said that the length of the current two-year training contract should be reviewed.