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The big white elephant in the room will boil down to being insured. Consumers will not think twice about suing a MF, unless they are clearly advised about their status/PII position from the outset.

For 'solicitors' the challenge to the insurance industry will become how to offer menus/choices regarding cover, as it is impossible to think that in this ever changing landscape TLS/SRA Lo etc will not be putting pressure for change to the existing PII regime, to increase competition and drive down costs.

What progress has been made so far ??

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