By Ben Mitchell
December 07, 2006 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
The Law Society has completed the first wave of cash refunds to law firms across England and Wales as part of its £50m redistribution of surplus funds in its legacy Solicitors Indemnity Fund (SIF).
According to a fresh report published today (8 December), Chancery Lane paid back more than £25m to the profession in the 12-month period between October 2005 and September 2006. A further £25.1m is to be handed out before 30 September, 2007.
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