Podcast Location:
Download it here [file size: 38.3 MB]
Categories:
Insurance Law
Practice Management, Marketing & Skills
CPD Points:
Up to 1 point. details »

Due to the difference in guidelines between the SRA and the Bar Standards Board, CPD points are awarded differently for Solicitors, Barristers and Legal Executives:

Regulated by the Solicitors Regulation Authority:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Regulated by the Bar Standards Board:
Listen and pass the quiz: Gain 1 accredited CPD point (60 minutes)

Regulated by ILEX:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Cost:
  • FREE
Length:
30 minutes of audio
(+ optional 5 minute online quiz)
Plays on Computer:
Yes Downloadable as MP3:    Yes
Contributor(s):
Course Aims:

This CPDcast offers direct and practical advice on renewal of solicitors’ professional indemnity insurance following the SRA consultation in 2014. It critically reviews the SRA changes and the practical effects for solicitors as well as providing a broad view on professional indemnity best practices in this area.

Outcomes:
After completing the course you will:
  • Understand the basis of the SRA’s proposals;
  • Have considered the scope of the SRA’s suggestions;
  • Know the practical factors which solicitors seeking to renew their professional indemnity insurance may wish to have in mind;
  • Be aware of best practice for solicitors who have a claim outstanding against them when renewing their professional indemnity insurance;
  • Have considered the practice areas which may be most affected by these changes.
Level:
General Interest Difficulty: 2 of 5
Classification:
Market Update / Hot Topic
Sources and References:
Tags:

In this CPDcast professional indemnity expert, Mark Carver discusses the practical factors which solicitors seeking renewal of their professional indemnity insurance in 2014 should bear in mind following the 2014 SRA PI consultation, “Proportionate regulation: changes to minimum compulsory professional indemnity cover”

Date Recorded: 22nd August 2014

TRANSCRIPT INCLUDED IN ADDITIONAL MATERIALS.

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