Sentences with phrase «one's professional indemnity insurance»

The Government is currently working with the Legal Services Board to arrange a suitable professional indemnity insurance policy for corporate lawyers that will provide cover for their pro bono work.

The mandatory program of professional indemnity insurance coverage from LawPRO applies to the delivery of professional services to clients regardless of how much those clients pay for the services.

YangTze Law Company Limited maintains professional indemnity insurance cover in accordance with the requirements of the SRA.

In addition, the Hong Kong and China offices hold compulsory professional indemnity insurance in accordance with the requirements of the Law Society of Hong Kong.

We maintain compulsory professional indemnity insurance of at least # 3 million, each and every claim.

We carry professional indemnity insurance for our work.

In - house corporate counsel who are employed by corporations are typically exempt from payment of LAWPRO professional indemnity insurance premiums.

They also carry professional indemnity insurance with the Bar Mutual Insurance Fund.

Bryan Cave LLP holds professional indemnity insurance arranged through Attorneys» Liability Assurance Society, Inc. which covers the professional services provided by Bryan Cave worldwide, including the Shanghai office.

The offices of Stephenson Harwood outside England and Wales are covered by the same professional indemnity insurance provided by Travelers Insurance Company Limited.

They also represent a major negligence risk, with the knock - on effect on professional indemnity insurance and ultimately cash flow and financial viability.

If an internal investigation has been commenced by the employer, for example, as a result of concerns over its own conduct and liability, other insurance policies, such as professional indemnity insurance, might be engaged.

The annual scramble to renew professional indemnity insurance is underway, with firms racing to meet the 1 October deadline.

Alongside the reduction in net profit, they faced significant increases in overheads, including professional indemnity insurance costs.

The soft market conditions that have characterized the UK professional indemnity insurance market in recent years may finally be coming to an end.

Under the amended act, an attorney must be covered by professional indemnity insurance on terms and conditions approved by the Legal Services Board (LSB).

Professional indemnity insurance coverage issues in relation to a claim against solicitors in relation to a # 40 million mortgage fraud.

Conveyancers are facing higher professional indemnity insurance costs — and their clients higher fees as a result — due to yesterday's Court of Appeal ruling in Dreamvar, experts have predicted.

LawPRO's Underwriting & Customer Service (UCS) Department handles applications and renewals for the primary professional indemnity insurance program, which provided coverage to over 26,000 lawyers in 2016.

People can put off getting professional indemnity insurance especially whilst starting -LSB-...]

In recognition of the need for consistent coverage for individuals practising together, paralegal licensees who practise in partnership with lawyers must now carry LAwPRO professional indemnity insurance.

National firm Mills & Reeve has made up three new partners, with the firm's professional indemnity insurance practice gaining two new partners across Birmingham and Leeds, with the promotions of David Gooding and Neil Howes respectively.

In 2002, PBO entered into a different kind of partnership, this time with LawPRO, which provides the program of primary professional indemnity insurance mandated by the Law Society of Upper Canada.

The reduced availability of insurance and increased premiums suddenly left many small firms out in the cold, unable to obtain the required annual professional indemnity insurance of # 3 million.

The firm is authorized to practice Hong Kong law and, in accordance with Hong Kong Law Society regulations, holds professional indemnity insurance arranged through ESSAR Insurance Services Ltd., 28th Floor, Tower 1 Times Square, 1 Matheson Street, Causeway Bay, Hong Kong.

The SRA has proposed reducing the mandatory minimum professional indemnity insurance (PII) cover from the current # 2m - # 3m to # 0.5 m - # 1m.

The government obliges every motorist to take out third - party car insurance as a minimum, just as every solicitor is required to have professional indemnity insurance requiring stringent and costly terms.

Whether you like it or not professional indemnity insurance is a compulsory requirement of practising as a solicitor.

He is developing his insurance practice, in particular professional indemnity insurance.

One thing that I find odd with the SRA's rules is that as an ABS, I have to have higher levels of professional indemnity insurance then I would have to have as a sole practitioner.

While professional indemnity insurance for lawyers is mandatory across the country, the Ontario program is distinctive in being offered by a licensed insurance company with such a long history of operational and governance independence.

In a statement, Bowman Gilfillan's chairman and senior partner Robert Legh said of the trio: «Each has a particular strength — from medical malpractice and professional indemnity insurance law, to complex real estate matters to corporate transactions, particularly those involving state - owned - enterprises — which we believe will be of benefit to our clients.

Wesleyan Bank's extensive commercial product range includes funding professional indemnity insurance, company tax, VAT, practising certificates, case acquisition and other regulatory fees.

In accordance with Regulations 8 (1)(n) and 8 (2) of the Services Regulations, each of White & Case LLP, White & Case (Europe) LLP and White & Case (International) LLP, as a «recognised body» regulated by the Solicitors Regulation Authority, has in place professional indemnity insurance (the «Mandatory Policy») which complies with the requirements of the Solicitors» Indemnity Insurance Rules 2009 (the «SII Rules»).

Underwriters use their experience to assess professional indemnity insurance premiums and accept that even a well managed practice can have claims.

Professional indemnity insurance rates for solicitors dropped this year — but experts have warned that such premium prices are not sustainable.

However, it sparked fears that premiums could rise and thousands of firms could be left without professional indemnity insurance (PII).

As a result, the Bar Association has no quality control over lawyers and there is no requirement for annual registration or even professional indemnity insurance.

The competition within the commercial professional indemnity insurance market grew increasingly fierce and many insurers did not charge premiums sufficient to cover the cost of claims, which in turn meant that further premium increases were required, especially for smaller firms.

It is common practice for solicitors found guilty of fraud to be denied professional indemnity insurance cover.

Experts might then have to purchase professional indemnity insurance.