About Successor Practice
Joseph Ellul (5 Dolce Vita Corte, Triq San Mikiel, San Gwann, SGN 2303, Malta). One person runs this site and reads every question it takes.
Why this site exists
The rules sit across the SRA's guidance, its closure form and the Law Society's pages, and the costs are mostly quoted rather than published. We read nine of the pages that state them on 28 October 2026 and set every rule out with its source.
Who it is for
Principals of law firms who are selling, merging, buying or closing, and want the SRA's rules on successor practices and run-off in one place before they talk to an insurer or a buyer.
What is on this site
One question, "successor practice rules", answered with a quote form that works on the page with no account, 3 guides on the questions around it, a data table you can cite (the figures and their method), and the sources every figure rests on.
- Successor practice and run-off: every rule, with its source: Every successor practice and run-off rule read from the SRA's and the Law Society's own pages on 28 October 2026, each with its figure and source.
- What run-off cover and a law firm valuation cost, as published: The run-off premium multiple Lockton publishes and the law firm valuation fees Armstrong Watson and Ten Percent Group print, read 28 October 2026.
- Successor practice under the SRA rules: what happens on closure: What the SRA rules mean by a successor practice in practice: the insurer's choice, the seven-day notice, and six years of run-off if there is no successor.
What it does not do
- No ranking of brokers or insurers and no scores.
- No paid placement, no affiliate links and no sponsored rows.
- No invented figure: a rule is shown only in the words its source used.
Who answers for it
Joseph Ellul-Turner, the person who reads every enquiry this site takes.
Reach us
Contact for a question about the site, or enquiries@successorpractice.co.uk. The legal terms are on Terms and Privacy.
This is a free information site run by Joseph Ellul. When you send a question, he reads it and replies to you himself; it is not passed to any broker, insurer or law firm, and you pay nothing to ask. The site carries no advertising, no sponsored placement and no affiliate links. Every rule and figure is read from the named regulator's or firm's own public page on the date shown. Nothing here is legal, regulatory or insurance advice; check the source before you rely on a row.