Professional indemnity: PI insurance – dos and don’ts

Marsh’s Sandra Neilson-Moore reflects on the process of applying for professional indemnity insurance, with some added thoughts on cyber liability Professional indemnity (PI) insurance is a crucial component of the business risk management ‘toolkit’ of any law firm. In this country of course it is compulsory that a minimum amount of such insurance is purchased. …

LB100: The Last Word – Market Comment

From collaboration to rough quarters to restoring market confidence, leaders at Legal Business 100 firms give us their views on the last financial year and the next 12-18 months. Persistent challenges ‘I feel very optimistic about the economy and therefore the opportunities. Any firm would be foolish in thinking the challenges have gone and those …

News in brief – September 2014

Squire Patton Boggs loses 23-strong team in Middle East Squire Patton Boggs saw the departure of five partners and 18 supporting lawyers from its Middle East offices after tensions arose as the recently merged firm integrated its regional affiliates. The exits came as legacy Patton Boggs’ Khalid Al-Thebity was appointed managing partner of the Riyadh …

Beddoe applications – still fit for purpose?

Ten Old Square’s Eason Rajah QC examines whether Beddoe applications are still relevant or whether they should be brought in line with other applications for directions Since the case of Re Beddoe [1893] 1 Ch 547 it has become accepted that costs incurred by trustees who bring or defend hostile litigation unsuccessfully are costs which …

Litigation finance for trustees

Nick Rowles-Davies of Burford Capital talks facilitating recovery while mitigating risk Litigation is an ever-present issue to trustees, whether bringing claims or defending cases. Now more than ever there is a need for trustees to be aware of the options available for funding this litigation. There has been a significant increase in certain types of …

The Global 100 2014

The Global 100 2014

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