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UK Transactional Risk Market Update 2024

In our latest Market Update, we explore the key trends for buyers and sellers: from favourable prices and improving capacity, to the availability of US-style cover and appetite for tax insurance.Learn more

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The UK government’s National Planning Policy Framework (NPPF) reform seeks to unlock ‘grey belt’ land for development. The new NPPF represents a transformative opportunity to address the housing shortage in England. However, the inherent complexities of building on land with existing legal encumbrances or uncertain ownership presents significant risks to developers. Legal Indemnity Insurance can be crucial for navigating these challenges and ensuring project viability.

Unlocking the grey belt: challenges and opportunities for developers

The UK government’s National Planning Policy Framework (NPPF) reform seeks to unlock ‘grey belt’ land for development. The new NPPF represents a transformative opportunity to address the housing shortage in England. However, the inherent complexities of buildi ...

Law firms: overcoming scope creep

Scope creep can be a real headache for lawyers. We all know the scenario: you issue your letter of engagement, then the transaction grows arms and legs. More work is needed. It’s all related to, but not exactly within, the original scope. Seeking to be as helpful as possible, you plough on and do all the work. At the end of the transaction the client is indignant about the higher fee. This is scope creep. At best, it can lead to awkward conversations with clients. At worst, it can be the catalyst for complaints or claims.

So, how do you stop scope creep in its tracks?

Scope creep can be a real headache for lawyers. We all know the scenario: you issue your letter of engagement, then the transaction grows arms and legs. More work is needed. It’s all related to, but not exactly within, the original scope. Seeking to be as helpful as possible, you plough on and do all the work. At the end of the transaction the client is indignant about the higher fee. This is scope creep. At best, it can lead to awkward conversations with clients. At worst, it can be the catalyst for complaints or claims.

So, how do you stop scope creep in its tracks?

Lockton nominated for British Diversity Awards

Lockton is delighted to announce that Chief People Officer, Martyn Worsley, has been shortlisted for the British Diversity Awards’ HR Diversity Champion of the Year and our Associate Resource Group for under 35s, Ignite, has been shortlisted for Outstanding Employee Network of the Year.

Lockton is delighted to announce that Chief People Officer, Martyn Worsley, has been shortlisted for the British Diversity Awards’ HR Diversity Champion of the Year and our Associate Resource Group for under 35s, Ignite, has been shortlisted for Outstanding Employee Network of the Year.

Lockton appoints Luke Speight as UK Head of Fintech and Digital Assets

Lockton, the world’s largest independent insurance broker, is pleased to announce the appointment of Luke Speight as UK Head of Fintech and Digital Assets. Luke will lead a team of experts providing tailored risk and insurance solutions to fintech and digital asset companies as they navigate their emerging risk landscape.

Lockton, the world’s largest independent insurance broker, is pleased to announce the appointment of Luke Speight as UK Head of Fintech and Digital Assets. Luke will lead a team of experts providing tailored risk and insurance solutions to fintech and digital asset companies as they navigate their emerging risk landscape.

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