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Changes to professional indemnity requirements for solicitors in New Zealand

The New Zealand Law Society is amending the minimum standards regarding professional indemnity insurance for lawyers in New Zealand. The changes, which will come into effect from 4 April 2021, are material and relate to coverage levels and disclosure requirements.

Wotton + Kearney’s Alison Cupples and Mathew Francis look at these obligations and the associated issues for underwriters and brokers.

Click on the download below to read the full article.

© Wotton + Kearney 2020
This publication is intended to provide commentary and general information. It should not be relied upon as legal advice. Formal legal advice should be sought in particular transactions or on matters of interest arising from this publication. Persons listed may not be admitted in all states and territories. For our ILP operating in South Australia, liability is limited by a scheme approved under Professional Standards Legislation.
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