Thefts from the client account: will firms’ insurance cover it? - Solicitors Journal

Insurance aggregation in solicitors’ professional indemnity insurance might seem a dry and technical topic which ought to remain the preserve of insurance law specialists. However, the case of Baines & others v. Dixon Coles & Gill [2021] EWCA Civ 1211 provides a colourful example that when things go wrong, a dishonest partner’s misdeeds can cause severe practical consequences for clients, firms and innocent partners.

Russell-Cooke partner Michael Stacey acted for the SRA as intervener in the appeal and writes about it in the latest edition of Solicitors Journal. 

Thefts from the client account: will firms’ insurance cover it? is available to read on the Solicitors Journal website.

Michael is a partner in the litigation team. His particular specialism is regulatory and public law.

Michael acts for regulators, businesses, charities, other institutions and private clients in regulatory investigations, complex disciplinary proceedings (including statutory appeals), judicial reviews, professional liability disputes and other regulatory litigation.