Last week, the Solicitors Regulation Authority (SRA) announced the results for the January 2025 sitting of part one of the Solicitors Qualifying Exam (SQE), revealing a pass rate of 56%. This marks a slight recovery from last summer's record low pass rate of 44%, aligning the current pass rate with that of January 2024.
London law firm Fladgate LLP has become one of the first City law firms to post its financial results, reporting another record year for profit per equity partner (PEP).