www.lawgazette.co.uk/practice/sras-6m-undertaking-could-save-indemnity-fund/5113262.article

Consumers face a market of solicitor sharks and journalists are punished by lawfare.

The Law Society: has welcomed a decision by the regulator to underwrite the liabilities of the Solicitors Indemnity Fund – a decision which practitioners say could allow the threatened fund to continue indefinitely. 

The fund, set up to meet claims on solicitors after their six-year run-off cover has expired, has been under threat since 2013 when the Solicitors Regulation Authority decided upon closure. The Law Society and the Sole Practitioners Group have campaigned strongly for its preservation.