Indemnity insurance
Supreme Court to rule on damages in solicitors’ negligence claims
The Supreme Court is to decide when the prospects of success of a claim lost because of the negligence of a solicitor should be judged for the purposes of damages, it announced yesterday.
Successor practice application against City firm “futile”
A successor practice application against a City law firm should be struck out, a High Court master has ruled, but only after the claimant has been given a chance to amend his claim.
Court orders insurer to cover negligent solicitors’ unpaid costs
The insurer of a negligent Italian law firm operating in London has been ordered to pay £3m in costs to the victims after the lawyers failed to pay up.
No point in conveyancers trying to “export” Dreamvar fraud risk
Conveyancers acting for buyers should “think” rather than “automatically try to export the risk of identity fraud onto the seller’s conveyancer”, a specialist barrister has warned.
Growing use of AI to give law firm insurers headaches
There may need to be some coverage disputes before indemnity insurers work out how to deal with bad advice given by AI systems used by lawyers, a City firm has warned.
Solicitor operated under radar for 12 years without insurance
A sole practitioner who practised without authorisation or indemnity insurance for 12 years to 2016 has been struck off by the Solicitors Disciplinary Tribunal.
Law Society: Cyber-criminals targeting more small firms
Small law firms are increasingly being targeted by cyber-criminals, but very few attacks are actually succeeding, new research has found.
Supreme Court rejects appeal over law firm negligence claim
The Supreme Court has refused to hear an appeal against a ruling that blocked a negligence action against London law firm Forsters.
Conveyancers liable for registration error despite mortgage fraud
There is “no public interest” in allowing a negligent conveyancer to avoid liability when they did not know that their client was actually engaged in mortgage fraud, the Court of Appeal has ruled.
Hale to lead Supreme Court in solicitors’ negligence case
The president of the Supreme Court is to head the five-judge panel that will review what needs to be proved when a solicitor is sued for failing to advise a client of a potential claim.