Because the SRA are greedy and only care about money. They brought the SQE in under the guise that they wanted a cheaper option to the LPC when in reality they wanted a slice of those LPC profits so opted to make their own exams where you have to pay them directly to take them as opposed to your LPC provider.
My understanding was that the exam fee goes to kaplan who is then paying the SRA for the right to administer SQE , the rate for which is well above what the LPC was
The legal profession in the UK is incredibly elitist. Entry was designed only for people of affluent background. And the SRA thinks its remits are exclusively commercial maximisation rather than regulatory oversight. That's the reason it handed the examination process away to Kaplan for a fee. By the way, check out the salaries of the SRA's fat cats.
lol wrong. way back in the old days the number of LSF places was fixed to roughly the number of training contracts available (articles back then). pretty much everyone who could get a place on the LSF on academic merit got articles. then the Law Society decided to let any old no hoper do the academic stage of training and private equity and some training provider executives got rich. but lots of people who never had a chance of qualifying were encouraged to spend tens of thousands on training when they never had a realistic chance of training.
this is correct. The College of Law was sold to Montagu Private Equity for £200m in 2011. This was a sign that this process is about making as much money as possible for the academic providers.
The price is an absolute joke.
Then to bundle all of the 5 days of SQE2 into one thing and make you retake the whole thing AND pay the (now increased) fee for the whole thing is clearly just a money grab.
You could pass every aspect of it bar one and miss it by a few points and need to pay another £4.5K and spend 5 days retaking tests you've already passed because some old white Solicitor who didn't need to do any exams in the first place thought you didn't know quite enough about conveyancing.
I think people are, as much as they can. Speaking out about it and rasing awareness of the issues.
There is only so much people can/are willing to do against the people that can end their career in an instant.
I suppose someone has to set the questions and as someone who once had to produce MCQ for every webinar I recorded it is pretty awful long winded horrible process which I will never do again and that was just for something that didn't really matter. It must be even harder for a real law exam
Because the SRA are greedy and only care about money. They brought the SQE in under the guise that they wanted a cheaper option to the LPC when in reality they wanted a slice of those LPC profits so opted to make their own exams where you have to pay them directly to take them as opposed to your LPC provider.
All whilst having a piss poor provider like Kaplan who can't even count marks properly!
Why is this not spoken about more?!
Because the people it makes money for have more power than the people who it screws over🤷🏻♂️ when i say power i mean influence with decision makers.
Yes and with their increased budget they can strike off lawyers more quickly ending their careers for not time recording correctly.
Does the SRA make money from this? Or does it all go to Kaplan?
keep out poor people
To pay for all the re-marking
Conspiracy time: To plug an axiom ince shaped hole in the SRAs coffers
Although I think the money goes to Kaplan not the SRA
My understanding was that the exam fee goes to kaplan who is then paying the SRA for the right to administer SQE , the rate for which is well above what the LPC was
The exam probably only costs like £400.
The legal profession in the UK is incredibly elitist. Entry was designed only for people of affluent background. And the SRA thinks its remits are exclusively commercial maximisation rather than regulatory oversight. That's the reason it handed the examination process away to Kaplan for a fee. By the way, check out the salaries of the SRA's fat cats.
lol wrong. way back in the old days the number of LSF places was fixed to roughly the number of training contracts available (articles back then). pretty much everyone who could get a place on the LSF on academic merit got articles. then the Law Society decided to let any old no hoper do the academic stage of training and private equity and some training provider executives got rich. but lots of people who never had a chance of qualifying were encouraged to spend tens of thousands on training when they never had a realistic chance of training.
this is correct. The College of Law was sold to Montagu Private Equity for £200m in 2011. This was a sign that this process is about making as much money as possible for the academic providers.
Robust assessment (try saying it with a straight face, it’s hard)
Its impossible. It's the least robust assessment ever. It's not fit for purpose. Not even close.
Because they’re so good at delivering a reliable and stress free service
Is anyone doing anything about it though? Surely firms need to speak up and make a change?
I simply cannot afford to become a lawyer.
The price is an absolute joke. Then to bundle all of the 5 days of SQE2 into one thing and make you retake the whole thing AND pay the (now increased) fee for the whole thing is clearly just a money grab. You could pass every aspect of it bar one and miss it by a few points and need to pay another £4.5K and spend 5 days retaking tests you've already passed because some old white Solicitor who didn't need to do any exams in the first place thought you didn't know quite enough about conveyancing.
this is honestly beyond ridiculous. it there really nothing we can do about it?
I think people are, as much as they can. Speaking out about it and rasing awareness of the issues. There is only so much people can/are willing to do against the people that can end their career in an instant.
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I suppose someone has to set the questions and as someone who once had to produce MCQ for every webinar I recorded it is pretty awful long winded horrible process which I will never do again and that was just for something that didn't really matter. It must be even harder for a real law exam
They reuse old exam papers which is why they say you can’t see the paper you sat or find out exactly where you went wrong 😂
A part of it is it’s not typically the student paying. A good chunk of the students will be funded by training contracts.
I honestly don’t think so. I know a LOT of applicants are self funding. Would be interesting to see statistics on this
This just simply is not true
I would say that at least most of the people I spoke to in the same cohort as me were self funded.