All Classes of Insurance Transacted - Authorised and Regulated by the Financial Conduct Authority
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Defined as all advocacy work, including attendance at a Court or Tribunal for the purpose of such advocacy, done on behalf of another insured practice.
Commercial/corporate work - excluding work related to public companies
This covers all commercial and private company work including mergers and acquisitions, corporate trusts and taxation.
Commercial/corporate work for public companies
This covers all work relating to public limited companies including mergers and acquisitions, corporate trusts and taxation. If you have indicated a percentage in this area, please provide full details on a separate sheet.
Conveyancing - Commercial
Acting on the acquisition, sale or financing of freehold or leasehold property where the client is acting in the course of a business.
Conveyancing - Residential
Acting on the acquisition, sale or financing of freehold or leasehold property where the client is not acting in the course of a business.
Employment - Contentious
Advising and acting on disputes between employer and employee which arise from statute and/or contracts of employment.
Employment - Non Contentious
General employment advice to employers, including corporate support on transfer of businesses; employee benefits and drafting of contracts of employment and staff handbooks.
Financial advice and services regulated by the Solicitors Regulation Authority
This covers financial advice and services regulated by the Solicitors Regulation Authority as a designated professional body under the Financial Services and Markets Act 2000.
Financial advice and services where your firm has opted into regulation by the Financial Services Authority
This covers financial advice and services directly regulated by the Financial Services Authority under the Financial Services and Markets Act 2000. If you have indicated a percentage in this area, please provide full details on a separate sheet.
Landlord and Tenant
Dealing with the exercise of contractual rights under a lease whether acting for a landlord or a tenant, including rights of enfranchisement, Landlord & Tenant Act 1954 claims, rent reviews, rights to manage, possession, and dilapidations.
Lecturing and related activities and Expert Witness work
This includes work involving the preparation for, and the presentation of, lectures, seminars, training and tuition whether for the purposes of professional skills training, continuing education or otherwise, and including the provision of written material for publication.
Offices and appointments
As clerks to City Livery Companies, Dean and Chapters, Drainage Boards, Local Councils, Charities or School Governing Bodies; Diocesan Registrars, Archdeacon's Registrars or Provincial Registrars of the Provinces of the Church of England in respect of work covered by an Ecclesiastical Fees Order, provided that any such offices and appointments are undertaken in the course of private legal practice.
THIS DOES NOT INCLUDE APPOINTMENT AS AN OFFICER OR DIRECTOR OF A COMPANY.
Defined as all work done in the promotion of or opposition to primary or subordinate legislation.
Property selling, valuation and property management
This covers property selling, valuations and property management carried out by the practice but does not include any separate business providing these services that is outside the regulation of the Solicitors Regulation Authority.
The definition of successor practice in the Minimum Terms and Conditions is complicated. You may be a successor practice even though you did not intend to take on the liabilities of another practice when taking it over or merging with it and even if you specifically agreed that those liabilities would remain elsewhere. Whenever a practice ceases ‘being carried on as a discrete business’, there is potential for the successor practice clause to take effect. You may become a successor practice by holding out your practice ‘expressly or by implication’ as being the successor of or by incorporating the other practice(s), by taking on a majority of the principals in the other practice as principals in your firm, by taking on at least one such principal as a principal when the majority have not become principals in another practice, by taking a sole practitioner or Recognised Body into your firm as a principal, or by taking on a sole practitioner as an employee after 31 August 2000. If your firm has done any of these things, at any time or is planning to do so, you may be a successor practice and should provide full details.