There’s an interesting story on the Legal Futures website. It states that, ” Law Society chief executive Des Hudson received pay, benefits and pension contributions of £334,895 in 2009 (£304,849 in 2008), Solicitors Regulation Authority chief executive Antony Townsend £224,051 (£205,445 in 2008) and LCS chief executive Deborah Evans £196,620 (£160,821 in 2008).” Is this an sign of what the profession views as most important? In particular, does representation trump regulation?
They are handsome salaries of course (and exceed the Prime Minister’s salary under the – unhappily – vogue test being used by the nation’s press) but one wonders why the CEO job is better remunerated than the SRA job, particularly as my guess is it would draw candidates from similar pools. Indeed, if asked which is the easier job: regulating or representing the profession, I know which I’d pick (and that’s not to say that Des Hudson – who does sterling work for the profession – has an easy ride).