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The Law Society of Scotland may cut employees, as it faces losing £1 million in revenue.
The professional governing body is cutting the cost of practicing as a solicitor from £665 for a “for a compulsory practising certificate” to £565. The cut in fees will cause the revenue shortfall.
Law Society staff have been asked to consider voluntary redundancies to save £250,000 in employment costs. The Society employs 120.
The Law Society of Scotland is the professional governing body for Scottish solicitors, based in Edinburgh. It was established by the Legal Aid & Solicitors (Scotland) Act 1949. The Society promotes the interests of the Solicitors profession in Scotland, and the interests of the public in relation to the profession.
All practising solicitors in Scotland must be members of the Society, and must hold a current Practising Certificate which is issued by the Society.
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