Practice Management


Rated insurers “may be reluctant” to offer lower indemnity limits

6 August 2014

Rated insurers may be reluctant to offer law firms indemnity limits as low as the £500,000 proposed by the Solicitors Regulation Authority (SRA), a leading insurance broker has warned.


Solicitor turns to crowdfunding to back online contracts business

5 August 2014

A young solicitor entrepreneur is seeking crowdfunding for an online documents business that will offer instant contracts via a mobile app and alert customers by e-mail to relevant law changes.


SRA calls for evidence as indemnity deadline approaches

4 August 2014

The Solicitors Regulation Authority (SRA) has issued a call for evidence on its indemnity insurance reforms, as the Legal Services Board (LSB) continues its deliberations on whether or not to approve a cut in the minimum cover limit.


Sole practitioners warn of “dire consequences” if indemnity limit is cut

30 July 2014

Sole practitioners have warned of “dire consequences” if the Solicitors Regulation Authority (SRA) goes ahead with its plans to cut the minimum limit for indemnity cover from £2m to £500,000.


VouchedFor aims for 1,000 solicitors

29 July 2014

Financial adviser rating and review website VouchedFor has said it is aiming to sign up 1,000 solicitors in the next few weeks.


Consumer panel hits back over SRA ‘double standards’ claim

28 July 2014

The Legal Services Consumer Panel has hit back at criticism by the Solicitors Regulation Authority (SRA) that it opposes a minimum indemnity insurance limit of £500,000 for solicitors, while supporting it for accountants.


Indemnity cover cut ignores ‘increasing’ number of larger claims

23 July 2014

The number of larger professional indemnity claims is increasing, undermining the case for a cut in the minimum cover for law firms from £2m to £500,000, an industry expert has argued in a letter to the Legal Services Board.


‘Accountants have £500,000 indemnity limit, so why can’t we?’ SRA asks LSB

18 July 2014

The Solicitors Regulation Authority (SRA) has reminded the Legal Services Board (LSB) of its decision to allow accountancy firms wanting to carry out legal work to have minimum indemnity insurance cover of £500,000, in a bid to head off concerns about its move to reduce the level for solicitors.


Internet overtakes friends and family as main way to find a solicitor

17 July 2014

Clients are significantly more likely to find a solicitor through the internet than by asking friends or family, a major study of over 2,000 people has found.


‘QS Price Promise’ to launch in September

16 July 2014

QualitySolicitors is to launch its ‘QS Price Promise’ in September, combined with a national TV advertising campaign, the network has revealed. It is also changing its approach to firms having to adopt the QS name.

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As I prepare to hand over the mantle of chair of The Solicitor’s Charity next month, it doesn’t feel like an end. Instead, it feels like a wonderful journey.


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