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ARP firms “fail to pay £5.8m of premiums”
Thursday, 15 April 2010Law firms currently in the assigned risk pool (ARP) have paid just 22% of their insurance premiums, while insurers are rapidly increasing the reserve for claims these firms may cause, it has emerged. The 262 firms currently in the ARP were liable for £7.5 million in premiums – both record figures – of which just £1.7 million has been paid.
Tags: assigned risks pool, Solicitors Regulation Authority
Posted in Indemnity insurance, Latest news, Solicitors
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From chat to Cowork: preparing your law firm for agentic AI
AI is evolving quickly. For law firms still working out how to get consistent value from the tools they already have, the conversation has moved on again to agentic AI.
Why good governance matters when managing Law Society forms
Everyday legal transactions rely on Law Society forms. But they are often treated as static templates rather than what they really are: living documents that change over time.
A letter from the SRA? Your first reaction matters
An email from the SRA has a way of rearranging a working day. It arrives in the same inbox as everything else, often in the same measured tone, yet it carries a different weight.
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