Negligence & PII

Negligence & PII guidance:

Traditionally, claims against solicitors and other professionals increase during times of recession. Although the present recession has not seen the large increase...

Practice Note

Background It is good practice to assess the risk profile of different types of work. Key risks in relation to probate work include: • not proving the...

Practice Note

Poor quality instructions, delay, failure to properly assess capacity, drafting errors and confusion over the scope of the retainer are all strong contributors to...

Practice Note

This factsheet is based on Travelers’ claims data over the six years to September 2014. It provides an overview of: • the relative risks involved in the different areas...

Practice Note

This Practice Note explains how you can deal with your professional indemnity insurance (PII) brokers and underwriters, including: • questions to ask your broker •...

Practice Note

The Insurance Act 2015 (IA 2015) came into force on 12 August 2016, and has brought about a clarification of existing law. The changes relate particularly to: • duty of...

Practice Note

Failure to communicate effectively with a client is perhaps the most common cause of complaints and claims. Whether or not the claim is justified, it is vital to ensure...

Practice Note

You must have and at all times maintain professional indemnity insurance (PII). PII covers civil claims against your firm, most commonly for professional...

Practice Note

In contrast with previous years, the 2014 renewal was relatively benign. The majority of firms renewed their PII with their existing insurers and indeed 90% of Lockton...

Practice Note

Securing professional indemnity insurance (PII) cover is not always easy, even for an established firm. You could find that your insurer is not willing to...

Practice Note

Completing a Professional Indemnity Insurance (PII) proposal form is a time consuming task, and involves the collation of a significant body of information about your...

Practice Note

Practically, professional indemnity insurance (PII) is a means of passing on (rather than terminating or reducing) risk. This Practice Note explains what PII should...

Practice Note

The SRA’s Minimum Terms and Conditions (MTC) indemnify you against civil liability to the extent that it arises from private legal practice. The MTC offer the widest form...

Practice Note

You are under a continuing duty to advise your insurer of material facts and relevant changes to your practice. There are also some matters that are good practice to...

Practice Note

The legal profession is experiencing a period of fundamental change. Changes to the regulatory regime are resulting in new breeds of law firms with different structures....

Practice Note