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The Client Protection Fund is the operating name of the Scottish Solicitors' Guarantee Fund. It exists to protect clients who have lost money because of the dishonesty of a solicitor or a member of their staff. The fund is paid for entirely by solicitor firms without the use of taxpayer money from government.
The Client Protection Fund is a fund of last resort and in most cases will only compensate those who have tried all other options to recover their losses. Special consideration can be given to fund payments for ongoing transactions with a trading solicitor firm where a Judicial Factor has been appointed. However, this will always depend on the circumstances of the individual case.
Anyone who thinks they have lost money as a result of the dishonesty of a solicitor or their staff can apply to the fund for compensation. An application form must be filled in to allow the claim to be investigated. Those considering the claim will ensure it meets the conditions for a grant and verify the amount of loss.
It is important to read the guidelines carefully before completing the application form. If you have any queries or need more information, please contact:
Solicitor to the Client Protection Fund
144 Morrison St
email to: firstname.lastname@example.org
If you are dissatisfied with the way that your claim has been handled, please email the Director of Regulation at email@example.com.