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The Solicitors Regulation Authority (SRA) is now in charge of the Solicitors Indemnity Fund (SIF), following years of uncertainty over its future
Cyber insurance, compulsory cover & spiralling premiums: Lubna Shuja sets out the latest findings of the Law Society on professional indemnity insurance

Law Society research into professional indemnity insurance (PII) has uncovered some interesting facts, not least that small firms tend to pay more and have a tougher time when renewing, Law Society President Lubna Shuja writes in this week’s NLJ

The average professional indemnity insurance (PII) premium is equivalent to 5% of a law firm’s annual turnover—but small firms pay more
The Solicitors Regulation Authority (SRA) has chosen London insurer PoloWorks as its delivery partner for managing the Solicitors Indemnity Fund (SIF), starting on 1 October. 
Professional indemnity insurance (PII) covers the loss of a fee paid to solicitors following a misrepresentation, the Court of Appeal has held.
Seven in ten (72%) firms have not purchased cyber insurance amid a hardening professional indemnity cover market overall, research has shown.
Businesses that suffered losses during the pandemic have won a landmark COVID-19 business interruption test case against insurers.
Legal expenses insurance can play a vital role in maintaining access to justice and should be promoted more, according to the Association of Consumer Support Organisations (ACSO).
The Law Commission has highlighted serious safety concerns surrounding driverless cars, and has called on the government to impose a ban on remotely driving a vehicle from overseas due to lack of enforcement powers.
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MOVERS & SHAKERS

NLJ career profile: Liz McGrath KC

NLJ career profile: Liz McGrath KC

A good book, a glass of chilled Albarino, and being creative for pleasure help Liz McGrath balance the rigours of complex bundles and being Head of Chambers

Burges Salmon—Matthew Hancock-Jones

Burges Salmon—Matthew Hancock-Jones

Firm welcomes director in its financial services financial regulatory team

Gateley Legal—Sam Meiklejohn

Gateley Legal—Sam Meiklejohn

Partner appointment in firm’s equity capital markets team

NEWS

Walkers and runners will take in some of London’s finest views at the 16th annual charity event

Law school partners with charity to give free assistance to litigants in need

Could the Labour government usher in a new era for digital assets, ask Keith Oliver, head of international, and Amalia Neenan FitzGerald, associate, Peters & Peters, in this week’s NLJ

An extra bit is being added to case citations to show the pecking order of the judges concerned. Former district judge Stephen Gold has the details, in his ‘Civil way’ column in this week’s NLJ

The Labour government’s position on alternative dispute resolution (ADR) is not yet clear

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