July 2022

What is run-off cover?

Run-off is the insurance cover provided under certain policies when your practice ceases, whether voluntarily, as a result of retirement, merger or involuntarily, through insolvency or due to another closure event.

Why is run-off cover required?

"Joanna Connolly’s priorities for her stint as chair of the Sole Practitioners Group (SPG) will resonate throughout the profession"

Please find below, a link to an excellent article in the Law Society Gazette by Michael Cross, covering issues raised at the 2022 SPG 25th Annual Conference, following his attendance at the conference. Michael's begins his article with the above statement.