- Friday, 12 December 2014
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.
Tags: Indemnity insurance, Law Society, Solicitors Indemnity Fund, Solicitors Regulation Authority
Posted in Indemnity insurance, Latest news, Regulation, Solicitors
- Thursday, 9 December 2010
We should have seen it coming, really. The last two property crashes and the wave of claims against conveyancers they brought in their wake broke the system for solicitors’ professional indemnity insurance – first the master policy and then the Solicitors Indemnity Fund – and so here we are again contemplating radical reform.
Tags: assigned risks pool, Law Society, outcomes-focused regulation, professional indemnity insurance, Solicitors Indemnity Fund, Solicitors Regulation Authority
Posted in Blog
- Friday, 23 July 2010
A new insurer today entered the professional indemnity market for small law firms, having taken over the run-off claims-handling function of the Solicitors Indemnity Fund.
Tags: Law Society, professional indemnity insurance, Solicitors Indemnity Fund
Posted in Indemnity insurance, News, Solicitors
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.
Time for a new regulatory settlement
3 July 2020
The problem with reform based on a compromise with vested interests is that it ends up being more pig’s ear than silk purse and the Legal Services Act 2007 is no exception.