The Conveyancing sector receives 23% of all legal complaints, making them the most likely Solicitors in all legal areas to be sued. With this statistic having risen by over 5% in the last decade, and rules and regulations within the industry becoming increasingly unclear, there has never been a more important time to do all you can to prevent a negligence claim.
Although Professional Indemnity insurance should cover any costs you incur from a negligence claim, no amount of insurance can protect you from the potential damage to your hard-earned reputation, or the months of stress that a negligence claim can cause. With a client able to sue a Conveyancing Solicitor up to six years after the alleged negligence, the constant unease and unrest that many solicitors experience can take its toll.
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