How to reduce your PII costs

Secure the best professional indemnity insurance (PII) coverage for next year with Lockton’s practical guide tailored for legal practices

Law firms|Lockton|

PII remains one of the biggest costs that a legal practice is faced with annually and cannot be compromised.

With the rising costs associated with running a business, it is important to tackle one of your biggest spends effectively.

By the end of this guide, you’ll know how to create a compelling presentation, improving communication and productivity.

 

Specifically designed for legal practices, the guide includes examples covering key areas, such as:

  • The proposal form
  • Claims
  • Risk approach
  • Sanctions
  • How to access the PII market effectively
  • Timing
  • Checklist and important notes.

AI Lab: Digital dictation for a global law firm

AL Lab — global law firm | Kerv |
Kerv designed a digital dictation platform built directly in Microsoft Teams and harnessing Whisper AI, an advanced speech-recognition model that detects and formats punctuation, understands legal-specific terminology, and adapts to different speaking styles

UK law firms’ focus shifting to value, efficiency and productivity

| Thomson Reuters |
Clients are under increasing budgetary pressures, which is driving a demand for cost certainty, further feeding the desire for value-based services