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L Squared Insurance Agency Blog

View the latest blog posts from L Squared Insurance Agency.

According to ABC News a dead man’s unsent text message to his brother was accepted by an Australian court as the dead man’s will.  Although this case has little influence on the US Court System it is a sign of the changes happening all over the world.  READ MORE >>

In the case of Maroulis v Friedman, Maroulis retained Attorney Friedman in a divorce proceeding in June of 2010.  In November 2011 Maroulis dismissed attorney Friedman and hired another law firm.  In July 2012, Maroulis settled the divorce action. In October 2014, Maroulis sued Friedman for malpractice and emotional distress. READ MORE >>

Many an insured has received an unpleasant surprise finding out after a court has awarded attorney’s fees or punitive damages that these awards are not covered by their malpractice insurance policy.  Yes the act(s) that were alleged were covered and yes your insurance carrier paid your defense costs and the award for damages. READ MORE >>

Questions dealing with Extended Reporting Period Endorsements (ERP or Tail) are the most frequent questions that we get.  Many attorneys are shocked at the cost of an ERP.  ERP premiums regardless of your attorney malpractice insurance carrier are a multiple of the expiring premium. READ MORE >>

2017 Webinar Series for Legal Professionals Legal Malpractice Trends: The Obvious and the Obscure READ MORE >>

An attorney at Wilmer Hale accidentally sent confidential information about the departure of  Pesico's former general counsel to the Wall Street Journal.  Up to that time almost no one knew about the SEC inquiry. READ MORE >>

Debt collection law firms have one of the highest frequencies of reported malpractice claims/incidents for all types of law firms.  While most claims are relatively small, the frequency of claims drives up attorney malpractice rates for all law firms doing debt collection. READ MORE >>

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