Legal bodies slam SRA minimum terms manoeuvre
Several members of the legal fraternity have written to the Legal Services Board urging it to reject the Solicitors Regulation Authority’s proposal to cut to the minimum limit for solicitors' professional indemnity cover to £500 000.
The Legal Services Board, which oversees the regulation of lawyers in England and Wales, is expected to reach a decision next week on whether to approve the SRA's proposal to slash the limit from £2m
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