Publishing your fees - 36 days past the deadline!
That’s right, we’re in 2019 and already 36 days past the deadline of the 6th of December 2018 for SRA regulated legal firms to publish their fee information on their websites (or in alternative format easily available if they don’t have a website). As well as this, firms must also publish their complaints procedure and how and when clients should complain to the SRA or the Legal Ombudsman. And of course the new Digital Badge has to be displayed as well…
So where is your firm? Our quick whizz around the internet shows many firms in South Wales at least have yet to comply and provide the mandatory information. Of course, we have no way of checking whether firms who don’t have a website are also complying with the requirement to provide the information in an alternative format…
What will the SRA do about it? To date the SRA has been a little vague about what they will do should a firm not comply with the transparency requirements, just that they will take action against them. The “when” and “what” are missing, but given the amount of work put in to forcing this requirement it’s our view that it’s only a matter of time before they get around to doing something…
So if your firm has yet to publish its price information here’s a reminder of what needs to be published;
Services to individuals;
- The conveyance of residential real property or real estate which comprise:
- Freehold or leasehold sales or purchases; or
- Mortgages or re-mortgages;
- The collection and distribution of money, property and other assets belonging to a person following their death, where these are within the UK and the matters are not contested;
- The preparation and submission of immigration applications, excluding asylum applications;
- The provision of advice and representation at the First-tier Tribunal (Immigration and Asylum Chamber) in relation to appeals against Home Office visa or immigration decisions, excluding asylum appeals;
- The provision of advice and representation at the Magistrates Court in relation to summary only road traffic offences dealt with at a single hearing;
- The provision of advice and representation to employees in relation to the bringing of claims before the Employment Tribunal against an employer for unfair dismissal or wrongful dismissal.
For services in relation to businesses, the requirements are:
- The provision of advice and representation to employers in relation to defending claims before the Employment Tribunal brought by an employee for unfair dismissal or wrongful dismissal;
- Debt recovery up to the value of £100,000;
- The provision of advice and assistance and representation in relation to licensing applications for business premises.
Remember the estimate or quote is not a binding fee, it is an indication, but even so should be as accurate as possible.
Remember also the “digital badge” which the SRA require to be put on websites. This has now been released so firms will need to remember to add it too.
Finally, just a reminder…if you need a little help to do this, we have a solution that we’re sure firms will find cost effective. For more information, look here; http://cpm21.co.uk/publish-your-fees