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David,

Do Accountants regularly practise in Limited Companies?

I think I am right that even with LLP's, there ha stop be someone with unlimited liability? That puts the Solicitors at a very great disadvantage from the start.

We should really leave it up to the insolvency rules as to whether we have the capital to pay claims.

In the book, A Century on the city: The History of Slaughter and May 1880-1980, at the very beginning it is of woirht to note, that one of the first things that Messrs Wm Slaughter and Wm May did, were to ring fence their assets by putting their private assets into trust.

Bears thought. Why do we have to pay for expensive PII (and run off)?

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