One of the most common questions we receive is whether a firm can increase its PI limit to undertake a larger transaction. This note helps firms assess whether it is appropriate to accept or continue acting on a matter where the transaction, claim or asset value exceeds their current professional indemnity (PI) limit. The value […]
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Managing data risks in practice
Documents and personal data are solicitors’ stock-in-trade. The proliferation of cloud-based case management tools, and lately AI-enhanced tools covering all aspects of legal practice makes managing this data effectively more complex, but even more important. How you manage your clients’ data is of increasing interest to clients and your regulators. In an environment where cyberattacks […]
Steps to avoid derailing an insurance renewal
The messages regarding a soft market for professional indemnity insurance (PII) doesn’t mean that law firms can take their eyes off the ball and assume that their PII renewal will be plain sailing. We have been approached by a number of firms, very close to their renewal deadline, panicking about an unexpected insurance decline and […]
PII in today’s legal market: what law firms need to know
As a trusted broker specialising in risk and insurance solutions for the legal sector, Miller is committed to equipping law firms with actionable insights to drive smarter decisions. Our 2025 Risk & Insurance Benchmarking Review is a must-read resource for firms of all sizes and practice areas. Backed by data from our survey, the report […]
Law in the age of tech — a risk perspective
The intersection of law and technology was a dominant theme at Miller’s 2025 Legal Risk & Compliance conference, with a particular focus on artificial intelligence (AI) and its implications for legal practice and data protection. Featuring expert insights from Andrea Ward, data protection officer at Charles Russell Speechleys (CRS), and Dean Armstrong KC, head of […]
Failure to prevent fraud: is your firm ECCTA ready?
Miller outlines six core components of a risk assessment and management framework where law firms should assess their performance as a priority so as to meet new fraud-prevention obligations
The bottom line: focusing on financials in your PII proposal
When it comes to completing your professional indemnity insurance (PII) proposal form, financial details are paramount. While the information requested may not always align neatly with the data that comes out of your accounts package or practice management software, it’s crucial to take the time to ensure accuracy. This is your opportunity to present a […]
Mergers and acquisitions: Key risk considerations before signing on the dotted line
If you’re becoming the successor practice or assuming additional liabilities as part of a merger or acquisition, taking time to plan properly can help avoid costly regrets. Miller shares top tips and key areas to consider before proceeding
Authorised corporate service providers: Risk management considerations
Miller Insurance Services outlines the implications of key changes introduced by the Economic Crime and Corporate Transparency Act 2023 for UK law firms, and shares advice on how to stay abreast of the latest developments in AML, sanctions and anti-corruption measures
Client and transaction onboarding: Four fundamentals of risk prevention
Miller Insurance Services offers top tips for risk prevention — by ensuring robust vetting processes on which clients and what instructions are taken on, how they are scoped and priced, and how the matter is run