Referral fee confusion

PI solicitors are still unclear about the referral ban, which comes into force from Monday, according to the Solicitors Regulation Authority (SRA). The SRA is offering firms support, including case studies and guidance on its website. Agnieszka Scott, SRA director of policy, says: “There are so many possible variations of how referrals could work and an infinite number of business models; some will be compliant, some will not. It will therefore be for individual firms to review their current business models and identify whether they are compliant with the ban. Those with concerns about their firm’s ability to comply with the ban or the impact the ban will have on them should contact us through our supervision function so risks can be identified and managed at an early stage.”