16 January 2024
CILEX has reported majority member support for its planned reforms to regulation and professional titles
More than 1,200 members responded to the Enhancing consumer trust and confidence consultation, which closed in November, with 67% supporting a new suite of specialist titles to show parity of practice rights with solicitors.
It found 60% supported shifting regulator so CILEX members came under the remit of the Solicitors Regulation Authority (SRA).
However, CILEX is seeking clarification and assurances from the SRA on the cost of regulation and the principle of no cross-subsidy, in light of the collapse of Axiom Ince and £66m of missing client money. Linda Ford, CILEX CEO, said the reforms ‘have the potential to drive positive change for both consumers and providers’.
