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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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News and Insights

In this webinar we delve into the immediate impacts of President Trump's first 48 hours in office on the UK Food and Drink sector. We'll explore key policy changes, regulatory shifts, and market reactions formed by the initial policy commitments and executive orders. Our expert panel, including renowned Food and Drink expert Ian Wright CBE, Co-Chair of the UK Food and Drink Export Council will provide analysis and discuss the potential short and medium-term implications for businesses and consumers alike.

The Trump Effect: How the first 48 hours of the Trump Presidency will shape the UK Food & Drink

In this webinar we delve into the immediate impacts of President Trump's first 48 hours in office on the UK Food and Drink sector. We'll explore key policy changes, regulatory shifts, and market reactions formed by the initial policy commitments and executive ...

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 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.

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.

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.

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