No fuss funding to meet your VAT payments - April 2015

News Article - 17/03/2015 : law firm finance, legal finance, Partner Buy-ins, Practice relocation, professional indemnity, tax, VAT, Finance

We offer fixed term finance solutions to provide practical cash flow benefits

Quarterly VAT payments can cause cash flow spikes which could be managed more effectively with regular monthly repayments. 

As one of the leading...

The speculation surrounding the SRA’s proposed changes to the minimum compulsory level of professional indemnity cover

Blog post - 04/07/2014 : Finance, Janine Parker, Legal Practice Management, Legal Practice Management magazine, practice management, pricing, professional indemnity, risk and compliance, solicitors regulation authority, SRA, UK law firms, Finance, Practice Management

This sponsored content was also featured as a column in the June 2014 issue of Legal Practice Management magazine. To...

Claims against ARP firms threaten profession with "catastrophe"

News Article - 19/01/2012 : arp, professional indemnity, SRA, Finance, Finance, Risk & Compliance, Practice Management

Mark Humphries, chairman of the SRA’s financial protection committee, has warned that claims totalling £33m against law firms in the assigned risks pool (ARP) threaten the profession with "catastrophe".

There are currently 257 firms in the...

Quinn administration could stretch ARP to breaking point

News Article - 19/01/2012 : law society, professional indemnity, professional indemnity insurance, quinn, solicitors regulation authority, SRA, Finance, Finance, Risk & Compliance, Practice Management

Both the Solicitors Regulation Authority and the Law Society have sought to calm the profession in the wake of the announcement that Irish insurer Quinn had officially fallen into administration in Ireland.

An earlier court order placing...

PI rates expected to soar after Quinn Insurance enters administration

News Article - 19/01/2012 : insurance, law society, professional indemnity, professional indemnity insurance, solicitors regulation authority, SRA, Finance, Finance, Risk & Compliance, Practice Management

The decision to put Irish insurer Quinn Insurance into administration has sent shockwaves through the market and prompted warnings of dramatic rate hikes across the solicitors' professional indemnity (PI) market.

The Irish Financial...