180 year old legislation and Covid-19
Unsurprisingly there has been a surge in demand for updated wills in the last 3 weeks. We recognise our clients are advising in extraordinary times.Read More
The Friday Afternoon Cyber Threat
Friday afternoon fraud causes chaos and leaves a trail of financial and reputational destruction in the legal sector. More information and warnings to clients are needed to help mitigate the problem.Read More
We are closely monitoring the COVID-19 (Coronavirus) outbreak, and will keep our clients and staff informed as we respond to the latest developments.Read More
Coronavirus: What are the obligations of an employer?
In December 2019, authorities in Wuhan, Hubei province, announced a cluster of cases of pneumonia associated with the Huanan/South China Seafood Wholesale Market, for which a cause had not yet been identified.Read More
Lockton Management Liability for Law Firms - Coverage Overview
There has been some recent press around the investigative powers of the SRA and whether the cost of representation through such examinations might be covered under D&O (Management liability Policies).Read More
Who do I need to train on AML and what do I need to train them on?
The answer to this lies in the money laundering regulations 2017, it is required that you train relevant staff regularly. What the below video to find out more.Read More
How resolute is your chosen advisor- is now the time to consider a switch?
The winds have, and are continuing to change in the solicitor’s professional indemnity market, and with this in mind having the right broker fighting for your practice’s interests will be crucial.Read More
Cyber Attacks in the Professional Services Sector
Professional services firms make attractive targets for cyber criminals and are experiencing an increase in cyber-attacks. The professional services sector, a term that encompasses firms across the spectrum of accounting, legal, insurance and other client-focused businesses, has become a prime target for a number of reasons. One major factor is their access to confidential and sensitive client information, which typically is of great value.Read More
When am I suspicious of AML
When it comes to money laundering it is important that you understand the level of suspicion and how serious you have got to be before you have a reporting obligation or you risk committing an offence. In order to be guilty of a money laundering offence you have to know or suspect that what you are dealing with is criminal property.Read More
How do conflicts of interest arise?
According to the SRA there are two types of conflicts. There's the conflicts that clients might have with each other if we're acting for two clients against each other, or there's a conflict we can have, an own interest conflict, where we have an interest that conflicts with the client.Read More
A review of the October PII Renewal- Why the market changed and the impact it had
Since the abolishment of the Solicitors Indemnity Fund, the October PII renewal season has always been a challenge. Many law practices have had fluctuations in premium, but it has been a number of years since a renewal season has had such a significant financial impact on the Legal Profession of England and Wales.Read More
- Proposal Form -
Solicitors Professional Indemnity Proposal Form (1-20 Partners)
- News - Property/Conveyancing
Leasehold properties - Grounds for concern for solicitors?
- News - Property/Conveyancing
- News - Professional Indemnity, Claims
Insured with Enterprise? Managing the fall-out from liquidation
- Guidance - Risk Management - General, Legal/regulatory changes, AML
The Biggest Change to AML in a Decade
- News - Risk Management - General
Client Account Dangers Exposed
- Guidance - Fraud & Scams
Invoice fraud: educating your clients
- News - Professional Indemnity
Solicitors PII Renewal Statistics - a year in review