Legal Services Board
The Fidelity Fund
What is the Fidelity Fund?
The Board maintains a fund called the Legal Practitioners Fidelity Fund (“the Fidelity Fund”). Certain legal practitioners, community legal centres and approved clerks are required to contribute money to the Fidelity Fund. The Board determines the contributions that particular classes of legal practitioners, community legal centres and approved clerks are required to make into the Fidelity Fund.
The purpose of the Fidelity Fund is to compensate clients in instances where a law practice or approved clerk has defaulted with trust money or property held by a law practice or approved clerk on behalf of that client.
If you have suffered a loss due to a default, you may be able to claim your loss through the Fidelity Fund.