1555th 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: The Law Society has expressed disappointment at a decision by the Solicitors Regulation Authority (SRA) to reject calls to extend Solicitors Indemnity Fund (SIF) cover by a further three years to 2023. SIF closed in 2000. Currently, however, any firm that has closed since September 2000 without a successor can resort to the SIF for any claim made after the six-year run-off period. This arrangement is due to end in 2020, and the SRA Board has now decided not to grant an extension. Full story - New Law Journal
FOCUS OF THE DAY: The Law Society has expressed disappointment at a decision by the Solicitors Regulation Authority (SRA) to reject calls to extend Solicitors Indemnity Fund (SIF) cover by a further three years to 2023. SIF closed in 2000. Currently, however, any firm that has closed since September 2000 without a successor can resort to the SIF for any claim made after the six-year run-off period. This arrangement is due to end in 2020, and the SRA Board has now decided not to grant an extension. Full story - New Law Journal
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