Insurance / reinsurance

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The average professional indemnity insurance (PII) premium is equivalent to 5% of a law firm’s annual turnover—but small firms pay more

The Solicitors Regulation Authority (SRA) has chosen London insurer PoloWorks as its delivery partner for managing the Solicitors Indemnity Fund (SIF), starting on 1 October.

Professional indemnity insurance (PII) covers the loss of a fee paid to solicitors following a misrepresentation, the Court of Appeal has held.

Seven in ten (72%) firms have not purchased cyber insurance amid a hardening professional indemnity cover market overall, research has shown.

Businesses that suffered losses during the pandemic have won a landmark COVID-19 business interruption test case against insurers.

Legal expenses insurance can play a vital role in maintaining access to justice and should be promoted more, according to the Association of Consumer Support Organisations (ACSO).

The Law Commission has highlighted serious safety concerns surrounding driverless cars, and has called on the government to impose a ban on remotely driving a vehicle from overseas due to lack of enforcement powers.

The final rules for bringing the Solicitors Indemnity Fund (SIF) under the control of the Solicitors Regulation Authority (SRA) have been agreed.

The Law Commission has published advice to the government on how to regulate remote driving on UK roads.

The Solicitors Regulation Authority (SRA) Board has finalised rules to bring the Solicitors Indemnity Fund (SIF) under control and guarantee consumer protection for post six-year negligence claims following a consultation which closed on 3 January 2023.

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MOVERS & SHAKERS

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Birketts—trainee cohort

Firm welcomes new cohort of 29 trainee solicitors for 2025

Keoghs—four appointments

Four partner hires expand legal expertise in Scotland and Northern Ireland

Brabners—Ben Lamb

Real estate team in Yorkshire welcomes new partner

NEWS

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NLJ this week: Big tech for small firms

Robert Taylor of 360 Law Services warns in this week's NLJ that adoption of artificial intelligence (AI) risks entrenching disadvantage for SME law firms, unless tools are tailored to their needs

NLJ this week: Presumption of capacity reaffirmed

The Court of Protection has ruled in Macpherson v Sunderland City Council that capacity must be presumed unless clearly rebutted. In this week's NLJ, Sam Karim KC and Sophie Hurst of Kings Chambers dissect the judgment and set out practical guidance for advisers faced with issues relating to retrospective capacity and/or assessments without an examination

NLJ this week: Justice delayed, justice denied

Delays and dysfunction continue to mount in the county court, as revealed in a scathing Justice Committee report and under discussion this week by NLJ columnist Professor Dominic Regan of City Law School. Bulk claims—especially from private parking firms—are overwhelming the system, with 8,000 cases filed weekly

NLJ this week: The road ahead for employment rights

Charles Pigott of Mills & Reeve charts the turbulent progress of the Employment Rights Bill through the House of Lords, in this week's NLJ

NLJ this week: SLAPPed shut?

From oligarchs to cosmetic clinics, strategic lawsuits against public participation (SLAPPs) target journalists, activists and ordinary citizens with intimidating legal tactics. Writing in NLJ this week, Sadie Whittam of Lancaster University explores the weaponisation of litigation to silence critics

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Insurance / reinsurance

MOVERS & SHAKERS

Birketts—trainee cohort

Keoghs—four appointments

Brabners—Ben Lamb