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3 August 1999
18 November 1997
17 June 1997
11 November 1997
22 October 1996
25 August 1998
Although it will displease many of my colleagues, I support the retention of the Solicitors Indemnity Fund.As a solicitor working in a small firm, I don't have the time or the desire to pile through pages of glossy brochures to find the best open market insurance deal for myself.More importantly as a solicitor who has had a successful claim against me, I found the back-up of having a mutual fund invaluable.We all make mistakes. While I agree those who are continually incompetent should be thrown out of SIF, my error was a small one and one that I have not repeated.However if I had made the same mistake on the open market, my premiums could have skyrocketed forcing me out of the profession.By abolishing a mutual fund we will also exile many good solicitors to the economic wilderness.The Law Society made a courageous and necessary decision in keeping SIF.Name and address withheld.
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