SRA proposes to end post six-year run-off cover
The SRA has announced proposals to end the provision of post six-year run-off cover (PSYROC), because the protection is thought to be disproportionately expensive. If effective, this means that the Solicitors Indemnity Fund (SIF), which provides the additional cover for closed firms, would end, and any remaining funds would be handed to the Law Society. The […]