Indemnity insurance

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.

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.

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.

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.

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.

A sole practitioner who practised without authorisation or indemnity insurance for 12 years to 2016 has been struck off by the Solicitors Disciplinary Tribunal.

Small law firms are increasingly being targeted by cyber-criminals, but very few attacks are actually succeeding, new research has found.

The Supreme Court has refused to hear an appeal against a ruling that blocked a negligence action against London law firm Forsters.

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.

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.

The Supreme Court may look to change the courts’ approach to dealing with claims over negligently conducted litigation later this year in a case involving miners’ compensation.

A claim that Leigh Day was negligent in its representation of the family of the deceased at an inquest has been dismissed by the High Court.

Two law firms have been facing multiple claims worth nearly £6m from disgruntled investors who lost money on hotels and student accommodation that were never built.

The profession should work with indemnity insurers to deal flexibly with run-off risks and encourage large law firms to merge with small ones, according to a solicitor entrepreneur.

The Solicitors Regulation Authority is wrong to assume that premiums will fall as a result of its professional indemnity insurance reforms, the Association of British Insurers has warned.