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Solicitors Indemnity Fund Annual Report and Financial Statements For the Year ended 31 October 2025

The Solicitors Indemnity Fund (SIF) is a statutory fund established in 1987 governed by the Solicitors’ Indemnity Rules 1987 as amended from time to time.

Solicitors Regulation Authority Limited Financial Statements for the year ended 31 October 2025

The theme of this year's report is change in the legal market, with the sector becoming increasingly complex, innovative and competitive. With this added complexity comes more potential risk for consumers and the public whose interest we serve.

SRA Compensation Fund Annual Report and Financial Statements for the year ended 31 October 2025

The Solicitors Regulation Authority Compensation Fund (the Fund) can make payments to members of the public and small businesses. It provides a vital safety net for client money that is not accounted for or has been stolen.

High-volume consumer claims

This research into consumers' direct experiences confirms the importance of high-volume consumer claims (claims) as a mechanism for access to justice.

Regulated population statistics

To provide our stakeholders with timely information about those we regulate, we publish key statistics about the population of solicitors and firms that we regulate. The statistics are updated monthly.

One year Pulse Survey: SRA corporate strategy benchmarking – what drives confidence and trust in legal services?

We commissioned Thinks Insight & Strategy (Thinks) to conduct independent research to better understand how we can best achieve our mission, as well as benchmark views so we can assess progress over the life of the corporate strategy. 

SQE Independent Reviewer Annual Report 2025

The role of Independent Reviewer is to provide external assurance that the SQE assessments and outcomes are fair, defensible and will command public confidence. This report comments on the progress of recommendations made in my previous report published in March 2025.

SQE Quality Assurance Report 2024-25

This is the fourth quality assurance report since the introduction of the Solicitors Qualifying Examination (SQE) in autumn 2021. Here we explain how we quality assured the SQE1 and SQE2 assessments delivered between October 2024 and July 2025.

Diversity in law firms' workforce

This report covers solicitors and other employees working in SRA-regulated law firms in England and Wales. It is based on diversity data collected from almost 100% of firms in summer 2025.

Breakdown of Welsh law firms' workforce diversity

This overview covers solicitors and other employees working in SRA-regulated law firms that have their head office in Wales. It is based on data collected from firms in summer 2025. It does not include branch offices located in Wales if the head office is in England.