Considering converting to an ABS? Secrets of a successful application
While the number of successful Alternative Business Structure (ABS) applications has not transformed the legal marketplace to date, increasing numbers of firms are seeking to convert. We look at how to negotiate the smoothest, quickest path to the right ABS solution for you.Read More
New Cloud Computing Guidance - now online!
Lockton's latest guidance, on selecting a Cloud Computing provider, is now available to downloadRead More
IRM survey reveals significant gaps in information security procedures
Many companies are still failing to take cyber risks seriously enough. Research by the Institute of Risk Management highlights the risks many businesses are exposing themselves to. Are you aware of the risks? How well prepared is your firm?Read More
Regulated by the FCA? Final call to ensure that you are compliant
The transition period for using any reference to the Financial Services Authority (FSA) expires today. Ensure that you are compliant.Read More
Law Society critical of SRA restrictions on unrated insurers
A controvertial report in the Law Society Gazette suggests that the upcoming minimum financial strength requirements for Solicitors Professional Indemnity (PII) insurers will put smaller firms at risk. Is there an alternative answer in changing the Minimum Terms & Conditions requirements? Calum MacLean, Risk Manager at Lockton, offers his view.Read More
Budget 2014: are there PII claim implications for solicitors?
The impact on many law firm partners of LLP tax changes are well known. Perhaps less obvious is the increased risk of claims against professional advisers by investors in tax schemes, which some experts are predicting as a result of changes announced in last week's budget.Read More
Restriction of losses that can be claimed against Solicitors?
Court of Appeal confirms that losses claimed must flow from breach of duty in Gabriel v Little & BPE Solicitors LLP.Read More
What does the future hold for the Solicitors Professional Indemnity market?
In his final article in the series, Steve Holland speaks about the future of the solicitors Professional Indemnity market and what we can expect going forward.Read More
Managers of collapsed U.S. firm face criminal charges - are there wider implications for managers in UK law firms?
The indictment of officials from collapsed US law firm, Dewey & LeBouef, last week, reflects how financial problems can snowball into even bigger pitfalls for managementRead More
Out of the frying pan and into the fire - the risk of unrated insurers
In the 2nd of a 3 part series, Steve Holland discusses the real risks of using unrated insurersRead More
SRA scam email alert
The Law Gazette Linked-In forum recently reported a number of people receiving a very convincing scam email purporting to be from the SRA. Don't assume you wouldn't be fooled - as some of these scams are becoming increasingly sophisticated.Read More
Professional Indemnity Insurance market update
A 3 part series which looks at the PII market and future trends.Read More
Supervision of Non Solicitor Staff: Managing the Risk
It is imperative that law firms provide a top level service to clients and to achieve this, firms are now relying on non soliticor staff to undertake routine non legal work. However it is important to manage the risks that come with using unqualified staff.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