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Legal expenses insurance boon

16 May 2023
Issue: 8025 / Categories: Legal News , Insurance / reinsurance , Legal services
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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).

ACSO’s report ‘A force for social good’, sponsored by insurer Arag and law firm Lyons Davidson, highlighted that legal expenses insurance products provide a wider range of cover today than when first introduced 50 years ago. It noted this insurance is used by tens of millions of people and hundreds of thousands of businesses.

While the ‘prospects of success’ clause can sometimes be contentious, insurance ensures cases have merit and keeps premiums affordable. Moreover, legal advice helplines provided by insurers are ‘highly efficient systems’ for identifying legal need and directing consumers to appropriate sources of help, while counselling helplines help thousands of people each year.

MOVERS & SHAKERS

Muckle LLP—Rachael Chapman

Muckle LLP—Rachael Chapman

Sports, education and charities practice welcomes senior associate

Ellisons—Carla Jones

Ellisons—Carla Jones

Partner and head of commercial litigation joins in Chelmsford

Freeths—Louise Mahon

Freeths—Louise Mahon

Firm strengthens Glasgow corporate practice with partner hire

NEWS
One in five in-house lawyers suffer ‘high’ or ‘severe’ work-related stress, according to a report by global legal body, the Association of Corporate Counsel (ACC)
The Legal Ombudsman’s (LeO’s) plea for a budget increase has been rejected by the Law Society and accepted only ‘with reluctance’ by conveyancers
Overcrowded prisons, mental health hospitals and immigration centres are failing to meet international and domestic human rights standards, the National Preventive Mechanism (NPM) has warned
Two speedier and more streamlined qualification routes have been launched for probate and conveyancing professionals
Workplace stress was a contributing factor in almost one in eight cases before the employment tribunal last year, indicating its endemic grip on the UK workplace
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