Indemnity insurance


Appeal judges reject divorcee’s negligence claim

8 July 2020

The Court of Appeal has upheld a ruling that a negligence claim brought by a woman against her law firm over its work on her divorce was out of time.


Figures reveal low level of negligence claims against barristers

3 July 2020

The average barrister only makes one notification of a possible professional negligence claim every 20 years, figures from the Bar Mutual Indemnity Fund have revealed.


Solicitors Indemnity Fund to stay open for extra year

1 July 2020

The Solicitors Regulation Authority has agreed to extend by a year the use of the Solicitors Indemnity Fund to covers claims made after firms’ run-off cover expires.


Negligent advice warning over coronavirus jobs scheme

16 June 2020

Lawyers who advised clients on the Coronavirus Job Retention Scheme are at risk of claims as the government looks to claw back payments to which recipients were not entitled.


Judge: Investor who lost pension was not law firm’s client

5 June 2020

A man who lost his pension after investing in self-storage pods with disastrous results was not the client of the law firm who advised on it, a judge has held.


Firm’s negligence had “disastrous consequences” for client

28 May 2020

It is difficult to imagine a “more obvious breach of duty” by a conveyancing solicitor than failing to register its new owner, the High Court has said in a case where it had “disastrous consequences”.


Coronavirus prompts SRA to rethink closure of SIF

21 May 2020

The Solicitors Regulation Authority is to look again at whether to close the Solicitors Indemnity Fund – which covers claims made after firms’ run-off cover expires – in September this year.


Law firm fails to strike out deceit allegations

18 May 2020

The High Court has rejected an attempt by well-known Surrey law firm Stevens & Bolton to strike out allegations against it of dishonest assistance, deceit and unlawful means conspiracy.


SRA: Firms can prolong extended PII cover with agreement

13 May 2020

Law firms unable to secure professional indemnity insurance because of Covid-19 can prolong the extended indemnity period by agreement and with regulatory approval.


Court rejects “fanciful” conveyancing negligence claim

6 April 2020

The High Court has rejected a “fanciful” £600,000 conveyancing negligence claim against the law firm Gateley, based on an error admitted by the firm.

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Blog


Forming good remote work habits for law firms
13 July 2020

You likely know the pearl of wisdom that it takes three weeks to make or break a habit. That rule was laid down in a random 1970s self-help book, but in reality, how many habits have you actually changed in just 21 days?


Planning for retirement
8 July 2020

In 2006 I started thinking about retirement whilst founding a boutique practice specialising in partnership and employment law. Ten years later, a friend told me that I would never be able to retire.


Reports


Report Cover
Our latest special report, produced in association with Temple Legal Protection, looks at the role of after-the-event (ATE) insurance in commercial litigation post-LASPO. We are at a time when insurers, solicitors, clients and litigation funders work ever more closely to create funding packages that work for all of them, with conditional fee and even damages-based agreements now part of many law firms’ armoury.

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