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Surrey Law Society Responds to SRA Consultation on Client Money – Have Your Say Before the Deadline

20th February 2025

Surrey Law Society (SLS) has now submitted its response to the Solicitors Regulation Authority’s (SRA) consultation on Client Money in Legal Services – Safeguarding Consumers and Providing Redress.

 

The consultation focuses on three key areas:

🔹 Part 1: The model of solicitors holding client money.
🔹 Part 2: Protecting the client money that solicitors hold.
🔹 Part 3: Delivering and paying for a sustainable compensation fund.

 

SLS has carefully considered all aspects and provided a response, which is now available on our website – https://surreylawsociety.org.uk/news/

 

With the deadline fast approaching (tomorrow – 21st February), we strongly encourage all firms and solicitors to submit their own responses. Even if you do not provide a full submission, a letter endorsing the Society’s response will help ensure the profession’s voice is heard.

 

Read our response and contribute before the deadline: SLS Response to the Consultation