15th December - Law News

1085th Edition: LawNewsIndex is a UK based Law, Justice, Legislation & Rights related daily news & legal articles archive brought to you by TheLawMap

FOCUS OF THE DAY: Lawyer welcomes the Legal Services Board (LSB) decision to reject plans to reduce the minimum level of professional indemnity insurance (PII) cover to £500,000. The Solicitors Regulation Authority (SRA) had proposed lowering the minimum cover from £2m for firms, and £3m for incorporated firms and LLPs, to £500,000 to create more flexibility in the market. However, the LSB said in November that it was “not persuaded by the evidence put forward”. Full story - New Law Journal

Saturday Conversations