Citizens are protected from dishonest lawyers who steal money or breach conditions of trust for holding client's money,by the law society's assurance fund.That fund always consists of the professional liability insurance that each lawyer is required to hold while practising.

Question

Quizplus · Accepted Answer

The assurance fund and professional liability insurance are separate; the assurance fund compensates clients for dishonest conduct, while liability insurance covers negligence or errors.

Citizens Are Protected from Dishonest Lawyers Who Steal Money or Breach