This has been missed by many solicitors. As part of our service to our clients taking our Office Procedures Manual Service, we questioned this with the SRA and have obtained clear guidance in a letter from the SRA. Below is the note issued by the SRA on 5th January. We do not think they will […]
Ingemar has interviewed a prominent broker for Legal PII with access to the whole Professional Indemnity market. This is what he said: “Cyber security is an area that Insurers are asking more and more questions about in respect of a firms PII. With the Insurers pretty much on for any loss from the client account, […]
High Court decision from November 2020 in the case R (on the application of Aviva Insurance Ltd and Swiss Reinsurance Co Ltd) v. Secretary of State for Work and Pensions [2020] EWHC 3118 (Admin). The High Court found that defendant insurers do not have to repay to the government all of the state benefits paid […]
Costa and Caffé Nero strike me as a great example. It’s a mixture of strategy and luck. Of all the major coffee chains, Caffé Nero is my favourite. I like their coffee and the Italian feel. I’m told I am their typical customer. (I was told so by one of our law firm clients, who […]
Data flows after Brexit The Brexit transition period ended on 31st December 2020. After that date, the UK became a Third Country in the eyes of the EU and thus transfers of personal data need to be looked at differently. Transfers of personal data from the EU to a Third Country are required under the […]
Some interesting bits from the SRA Conference yesterday on the SQE. When? SQE 1 exams will be on 8th (FLK 1) & 11th Nov 2021 (FLK 2), 5 hrs exam each day (in 2 halves with an hour’s break between). SQE 2 exams will be in April 2022 Where will they be? You will be […]
In unexpected announcement in late November 2020 the SRA's AML Practice Supervision Manager, Zoe Allen-Robinson, announced, in answer to a question from the audience at the annual SRA Compliance Conference, that it is now perfectly acceptable to charge for CDD / AML as long as the client is clear about the charge and it is […]
This is a big step. You are moving from being an employee, drawing a guaranteed wage, to being a self-employed entrepreneur. We know from experience that often people are not adequately prepared. We can help. We can go through with you the financial implications in detail. We can even help you with analysing the offer […]
Professional Indemnity Insurance - One for the top 3 expenses for a firm of solicitors. More than that – if you can’t get PII cover the consequences are catastrophic – you will either have a fire sale of the firm or you are looking at closing with run off. Given the importance of getting PII […]
This was published on 17th November 2020 by the Land Registry and launched on 12th March 2021. The aim is to promote the development of easy to use, modestly priced, remote and digitally secure options for conveyancers to use with their clients. Relevant for both Domestic Conveyancing & Commercial Property. To reach ‘safe harbour’, the […]
