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Professional indemnity news

Risk management issues for solicitors

Frank Maher of Legal Risk expands on the conditions in the risk environment for large legal firms in an article at Legal Week. Given the examples of risks that aren't covered it may pay to discuss policy terms with your broker.

posted 2006-02-011T16:20:37

Top 100 professional indemnity survey results 2006

Legal Risk has released its third annual survey on top law firms professional indemnity and risk management. The report, available from the news page at Legal risk, surveys the renewal process of the top 100 legal firms. The key points from the survey are that, verbatim:

  • Many firms increased their cover, in part addressing new policy conditions restricting cover for multiple, similar claims;
  • Twice as many firms have appointed risk managers compared with last year;
  • Many more firms are protecting partner assets by contractual limitation of liability and conversion to Limited Liability Partnerships.

posted 2006-02-07T14:05:34

Large negligence actions against solicitors on the rise

So says an article in The Lawyer.com

posted 2006-02-06T13:55:54