The UK\'s Solicitors Regulation Authority (SRA) has published proposals designed to make sure users of legal services get the appropriate level of protection, and in turn benefit from a more competitive marketplace and increased choice.

The proposed changes would see the removal of the current ‘one-size-fits-all’ rules on professional indemnity insurance (PII), meaning firms could take out cover that better reflects the work they do.

According to the SRA, such a move could help reduce insurance costs for some firms, encourage new businesses to enter the legal sector and lead to lower prices for customers.