Tag Results

SRA rejects Law Society bid to extend indemnity run-off period by three years

The Solicitors Regulation Authority (SRA) has rejected a proposal by the Law Society to extend the additional indemnity run-off cover provided by the Solicitors Indemnity Fund (SIF) for a further three years until 2023.

December 12th, 2014 | No Comments »

Nearly half of law firms secured cheaper indemnity cover, survey suggests

Nearly half of law firms – 47% – secured cheaper indemnity insurance this year, a survey has suggested. Half of these obtained “significant” reductions. It also indicated a move by firms from unrated to rated insurers.

October 17th, 2014 | 1 Comment »

News in brief: COLP/COFA advice service launched, referral fee offensive, and much more

Our latest round-up of key news snippets sees the ex-chief of the CLC launch a consultancy, a new COLP and COFA helpline, a campaign against personal injury “auctions”, Lawyers on Demand goes it alone, a run-off cover boost for retiring solicitors, and a rethink on financial services ABSs.

May 29th, 2012 | No Comments »

Abandon hope – but not your firm

Recent figures from the Solicitors Regulation Authority suggest that the number of law firms being abandoned is on the rise, with abandonment reports at their highest level since 2008. Joanne Wright outlines the options facing solicitors who want to shut up shop.

June 8th, 2011 | No Comments »