PII decision held for up to 90 days (LSG)
The oversight regulator has given itself an extra two months to decide on reducing the minimum required cover for professional indemnity insurance after strong opposition from the Law Society and […]
Lower indemnity limit would “attract discount in premiums”, SRA insists (LF)
The Solicitors Regulation Authority (SRA) has insisted that a lower minimum limit for indemnity insurance would “attract a discount in premiums” for law firms.
CML warns of “fast and potentially drastic action” if indemnity limit is cut (LF)
The Council of Mortgage Lenders (CML) has warned that cutting the minimum indemnity limit for law firms could force lenders into taking “fast and potentially drastic action”.
Professions line up to oppose PII reforms (LSG)
Insurers, mortgage lenders and solicitors have pleaded with the oversight legal regulator not to go ahead with a reduction in minimum indemnity cover.
Chancery Lane names its ‘brightest stars’ (LSG)
Solicitors and firms from across the ‘world’s most respected legal system’ have won through to the final stages of the Law Society Excellence Awards 2014.