Practising fees are to remain unchanged for the coming year. The Legal Services Board has confirmed its acceptance of Solicitors Regulation Authority proposals to retain the individual fee at £320 and compensation fund contributions at £548 for firms and £32 for individuals. Practising fees for firms are determined by turnover figures. Paul Philip, SRA chief executive, says: “Maintaining practicing fees and compensation fund contributions at the current level is, in real terms, a reduction.”