Dear Member
A couple of closely related topics to mention!
Closure of SIF
Some good news following the AGM this month on the battle to save the closure of the Solicitors Indemnity Fund.
I quote from the beginning of the item as follows:
The Law Society Council has issued a statement on the closure of the Solicitors Indemnity Fund (SIF), expressing our ongoing commitment to working with the Solicitors Regulation Authority (SRA) to facilitate an extension.
The statement also outlines our belief that retaining SIF would be in the best interests of the profession and wider society.
It calls for a speedy resolution in the interests of market and public confidence and the stability and management of SIF funds.
The Council’s statement follows a strongly-worded motion about SIF passed at the Law Society’s annual general meeting on 14 October, and continues our work on behalf of solicitors and their clients urging the SRA to find a long-term solution to the issue of run-off indemnity cover.
Please see the full statement below:
Law Society Council Statement on Closure of SIF
Friday Night Drinks Social/Networking – Friday 29 October 2021
A reminder we have booked The Treasury for a joint Plymouth Law Society and Plymouth Junior Lawyer Division social/networking event on Friday 29 October at 5.15pm.
We shall offer a first free drink (wine/beer/soft drink) to PLS and PJLD members. Come and see me for a voucher on the evening.
Please come along and invite other members from your firm to join us (it is pay day!)
Hope to see you there.Best wishes
James
James Walsh
President of the Plymouth Law Society
Email: james.walsh@GAsolicitors.com
Telephone: 01752 203536
