Resource Centre… What Do You Want To Find?

81 results

November 24 2020

Stoffel v Grondona – a cautionary tale for property lawyers?

The Stoffel v Grondona case has put the illegality defence into the spotlight. This Judgement provides useful guidance on the application of necessary considerations, but it also presents uncertainty around how future courts may assess competing public policy considerations.

October Renewal Season Review - A Challenging Environment

November 19 2020

Guidance -

October Renewal Season Review - A Challenging Environment

To say SRA regulated legal practices have experienced tough conditions within the PII market in 2020 may well be perceived as an understatement by some within the profession. Many practices experienced one of the hardest renewal periods since the commencement of the Open Market in September 2000.

An update on new UK Trust regulations - A shake up following an EU-wide directive to tackle money laundering.

October 16 2020

Guidance -

An update on new UK Trust regulations - A shake up following an EU-wide directive to tackle money laundering.

Since 2017, certain trusts have had an obligation to report information to the Trusts Registration Service (TRS). The next phase of the EU directive is set to increase the amount of trusts that must submit their reports.

Important Update for Clients - IUA Open Letter

September 07 2020

Guidance -

Important Update for Clients - IUA Open Letter

It is important to inform you of a recent development within the PII marketplace. Much has been reported about the prevailing insurance market conditions and the impact that claims activity experienced by the Legal Profession has had on Insurers.

The stamp duty holiday - a positive move but it comes with increased risks for conveyancers

July 23 2020

Guidance -

The stamp duty holiday - a positive move but it comes with increased risks for conveyancers

Chancellor Rishi Sunak’s announcement that he is introducing a Stamp Duty Land Tax holiday to help jump start the economy was welcome news, but it does bring some increased risks for conveyancers.

July 08 2020

Guidance -

Our Top 10 Cyber Insurance Questions

In the complex world of cyber, you should always stay ahead of the curve. We look at the top 10 questions Lockton's cyber risk specialists hear in relation to insurance.

COVID-19 Property Damage and Business Interruption - Claim Notification and the FCA Test Case

June 26 2020

Guidance - Covid-19

COVID-19 Property Damage and Business Interruption - Claim Notification and the FCA Test Case

Policyholders who have thus far notified their insurers of Property Damage and Business Interruption (PDBI) claims for their losses resulting from the COVID-19 pandemic have generally found that insurers are unwilling to accept them.

Why should a law firm outsource its finance function?

June 25 2020

Guidance -

Why should a law firm outsource its finance function?

There a four main areas in which law firms can benefit from outsourcing their finance function – efficiency, risk, compliance, and resilience

NHS Test and Trace - Recommendations for securing your data

June 10 2020

Guidance -

NHS Test and Trace - Recommendations for securing your data

The NHS Test and Trace service went live in England on 28 May 2020. It aims to test and trace Covid-19 cases, to help control the spread of the virus

Solicitors Professional Indemnity – Supplementary Covid 19 Questions

May 26 2020

Guidance -

Solicitors Professional Indemnity – Supplementary Covid 19 Questions

With the next significant date of 1st October for Solicitors to renew their Professional Indemnity Insurance, Insurers with their actuarial minds are now looking to their Insureds to explain what they have been doing to mitigate risk in light of the momentous change to our lives.

Not all business is good business - The importance of client selection

May 22 2020

Guidance -

Not all business is good business - The importance of client selection

When considering professional indemnity claims it is often worth looking back at the root of where the issues first arose. What can become clear is that many claims could have been avoided if the client selection process at the firm was more robust.

Spring Renewals - A Reflection of the Season Past

May 20 2020

Guidance -

Spring Renewals - A Reflection of the Season Past

Whilst the world adapts to a new norm in light of Covid-19, the PII market faced its own set of challenges that in-part, rose from the virus and other factors. To reflect on the season past, we provide commentary into what happened during the spring renewal period

May 18 2020

Guidance - Compliance

Wellbeing – a considered risk?

The recent case of Claire Matthews, a junior solicitor who was struck off after lying about a missing briefcase, has thrown the spotlight on mental wellbeing in the legal profession.