Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Requirements definition

What does Requirements mean? In Development Consent Order (DCO) practice, Requirements are the binding conditions that regulate how, when and on what detailed terms the authorised development may proceed. They typically oblige the undertaker to submit and secure approval of detailed design, construction, and environmental management documents (for example, CEMP, traffic, landscape, contamination and archaeology plans) before commencement, phased works or operation. The term is used in legislation: section 120 of the Planning Act 2008 permits a DCO to impose “requirements”. In most DCOs they are set out in a schedule (often Schedule 2) and function similarly to planning conditions under the Town and Country...

Limiting solicitors’ liability to commercial clients: SRA requirements, UCTA reasonableness, case law and practical guidance (England and Wales)

Published by a LexisNexis Practice Compliance expert

Practice notes

From a commercial standpoint, it is sensible for your firm to try to curtail the scope of its liability to clients. Yet regulatory and legal barriers exist in practice, and there are limits to what any cap can deliver. This Practice Note outlines the legal and professional obligations that apply when law firms cap their liability to commercial clients, and sets out the constraints on the effectiveness of such caps. Since 1 October 2015, agreements between ‘consumers’ and ‘traders’ fall under the Consumer Rights Act 2015. Excluding or restricting liability in a consumer contract is far more challenging, and certain ‘blacklisted’ terms are automatically unenforceable. This Practice Note does not address limiting liability for consumer clients. See instead Practice Note: Limiting liability—consumer clients—law firms.

SRA requirements

You must not exclude, or seek to exclude, liability below the minimum professional indemnity insurance (PII) cover mandated by the SRA indemnity insurance Rules. This is:

£3 million for firms that are corporate entities (including LLPs)
£2 million for partnerships and sole practitioners (excluding LLPs)

SRA guidance

You should also take account of guidance issued by the SRA...

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Web page updated on 21/05/2026

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