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<P><A href="http://afr.com/"><IMG height=24 src="http://afr.com/images/afrlogo.gif" width=217 border=0></A></P><B><SPAN style="FONT-SIZE: 18pt; FONT-FAMILY: Courier New">
<P>Peak body urges liability cap</B></P></SPAN>
<P></B><BR></P><SPAN style="FONT-FAMILY: Arial">
<P>Chris Merritt<BR>12/03/2003 </P>
<P>The peak body representing the professions last night intensified its push for a national system of capped liability by releasing statistics showing that just a handful of claims against NSW solicitors exceed the state's cap.</P>
<P><STRONG>Professions Australia</STRONG> released the figures in response to concern that a national system of capped liability would be unfair to consumers whose damages claims against professionals were higher than the cap.</P>
<P>The figures show that most claims against NSW solicitors that resulted in a cash payment last year fell within the $1.5 million cap administered by the Professional Standards Council.</P>
<P>The NSW Law Society verified the figures and released information showing the average claim against solicitors was $52,000 - well under the cap.</P>
<P>Since 1987, just 20 claims against NSW solicitors have matched or exceeded the $1.5 million cap, according to the Law Society.</P><B>
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