Alexander Grace has achieved the Legal Eye Quality Standard in recognition of its proactive and robust approach to risk management.
Read moreIn a rather discrete release, guidance for the new Standards and Regulations has started to become available on the SRA website. So far, the new guidance covers firm authorisation and client accounts. Read our overview of what’s new here.
Read moreFirms who maintain a claims-free record may be able to benefit from a financial rebate provided it meets certain conditions. New professional indemnity insurer New Eden is claiming to be the first to offer firms “direct financial rewards”. Richard Brown, chairman of New Eden, said in an interview with Legal Futures that rewards could take the form of a full annual rebate of the premium in a firm’s fourth year if it remained claims-free.
Read moreThe Law Commission’s report in to Suspicious Activity Reports has taken a conservative approach with few major changes announced. Read Legal Eye’s take on the report here.
Read moreAfter the first round of Professional Indemnity Insurance renewals specialist broker Marsh JLT Specialty report a mixed bag of experience for solicitors. Some have seen rate increases for the primary level of cover ranging from from low single digit to, in some cases, as much as 20%.
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