Solicitors' Market Report - July 2021
19 July 2021
In this latest edition of our Solicitors’ Market Report we discuss the outcome of the solicitors' April 2021 PII renewal and give insight into what to expect from the market for the rest of this year.
Directors' & officers' Liability cover can often give rise to some questions, so we respond to some of the more frequently asked queries and suggest some "housekeeping" for firms to undertake in advance of their next renewal.
We also highlight 10 common causes of PII claims and provide practical guidance and pointers on the Pre-Action Protocol that applies to professional negligence claims.
Finally, we give an update on the current position relating to "silent cyber" and the proposed closure of the Solicitors' Indemnity Fund.
Please find our latest Market Report here.
Written by Jenny Screech LLB (Hons)
Legal Consultant, Howden PII