Statistics

Claims breakdown

Most claims against attorneys arise from litigation and the prescription of MVA matters. According to the May Risk Alert Bulletin, issued by the Attorneys Fidelity Fund, these are areas in which attorneys need to take special care.

Claims for conveyancing represent 13 percent of all claims instituted over the period 1 July 1993 to 30 June 2004. Compare this to the UK, where conveyancing solicitors were responsible for over 30 percent of all claims lodged in 2003 - see Conveyancing solicitors top professional indemnity claims table - again .


Claims breakdown: 1 July 1993 to 30 June 2004
Nature Amount R Percentage
MVA Prescription 945 000 34.55
Gen Prescription 229 000 8.37
Litigation 651 000 23.8
Commercial 259 000 9.47
Conveyancing 379 000 13.86
Other 272 000 9.95
Total 2 735 000 100.00
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