The Legal Contribution Trust administers the Solicitors’ Guarantee Fund (Fidelity Fund under section 222 of Legal Profession Uniform Law (WA)). The Fidelity Fund is a source of compensation to persons who suffer pecuniary loss due to defaults by law practices arising from dishonest acts or omissions of associates of the practice relating to trust money or trust property.
The Fidelity Fund is a fund of last resort. Prospective claimants should first take steps to recover their loss from all other available sources before lodging a claim. A claim may be reduced by an amount that (in the opinion of the Legal Contribution Trust) is likely to be paid to or received by them from other sources.
The Law Society of Western Australia provides the administration function to the Trustees.
