Solicitors throughout the UK are facing ever increasing “Management Liability” exposures.
“Management liability exposures” is a catch-all expression that describes the risks faced by directors, partners, officers, managers and business entities that arise from governance, finance and management activities. The SRA’s regulatory regime of COLP’s and COFA’s creates ready-made targets for any resulting actions. Traditional PII liability policies aim to provide cover for professional negligence whilst […]