News Updates
Legal PI News
Fifteen law firms closed by the Solicitors Regulation Authority
Fifteen law firms are to be closed by the Solicitors Regulation Authority (SRA) after failing to secure Professional Indemnity Insurance (PII) according to the Law Society Gazette.
Solicitors “not responsible” for reviewing all previous advice says Judge
A long-standing relationship between a solicitor and clients does not automatically give rise to a duty to keep the suitability of previous advice under review following a decision in Shepherd Construction Ltd v Pinsent Masons LLP.
Solicitor accused of negligence in witnessing a transaction
The risks inherent in a solicitor witnessing a client’s transaction are brought home in a case where the Master of the Rolls ordered the retrial of a professional negligence case in which a solicitor was alleged to have failed to ensure his client fully understood the nature of the documents.
Estate fraud is on the rise
Renewing your Professional Indemnity Insurance
For many firms their 2010 renewal was a slow, expensive and tiring experience with many struggling to secure a competitive quotation...
The end of the single renewal date for PII?
On the 4th Nov 2009 The Law Society’s council voted overwhelmingly in favour of pressuring the Solicitors Regulation Authority to abolish the single renewal date for…
Solicitors PII - Now is the time to prepare for your 2010 PII renewal
Are you complying with the code of conduct? Do you have a documented Audit Trail? Do you have a proactive approach towards Risk Management?
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