307Liability of principals of law practice under pt 3.2

307 Liability of principals of law practice under pt 3.2 (1) A provision of this part expressed as imposing an obligation on a law practice imposes the same obligation on the principals of the practice jointly and severally, but discharge of the practice’s obligation also discharges the corresponding obligation imposed on the principals. (2) Accordingly, a reference in this part to a law practice includes a reference to the principals of the practice. Part 3.3 Professional indemnity insurance