Following our request, the Solicitors Regulation Authority (SRA) has decided to extend the life of the Solicitors Indemnity Fund (SIF) for a further 12 months.

The Solicitors Indemnity Fund (SIF) was due to stop accepting new claims after 30 September 2021.

Law Society president, I. Stephanie Boyce, said: “We are pleased the SRA has heard the many reservations expressed by us and others about the closure of the SIF and has now removed the risk of imminent SIF closure at a time when no viable alternative is available.”