L Squared Insurance Agency Blog: professional liability
View the latest blog posts from L Squared Insurance Agency.
Wednesday, April 19, 2017We have all seen these ads from Lawyers aimed at attracting Prescription Drug Users Clients: “Have you or a loved one been prescribed the blood thinner Xarelto as a treatment for reducing the risk of stroke?” then the ad continues detailing possible side effects from the drug and potential compensation. READ MORE >>
Wednesday, April 12, 2017Texas Attorney Seely followed his ethical duty and admitted to his client Price that he had made a mistake and that Price should hire another attorney to sue the law firm of Gordon Elias & Seely. Mr. Price followed through on this advice and sued the firm. To read the full story in Texas Lawyer READ MORE >>
Tuesday, April 11, 2017Don’t Panic. Most lawyers receive at least one bar complaint during their tenure as a lawyer. Read the Commission letter carefully. Depending on your jurisdiction, sometimes the Grievance Commission is responding for you, stating that the compliant does not fall within the Bar’s jurisdiction. READ MORE >>
Friday, April 7, 2017We get this question frequently, especially after an attorney has received one of our mailers. “I need prior acts coverage and your mailer states that you work with malpractice insurance carriers that offer prior acts coverage.” READ MORE >>
Thursday, April 6, 2017Occasionally we are asked to add an “Additional Insured” to a Lawyers Professional Liability Insurance Policy. In the world of commercial insurance this is a normal practice. Most requests to add an “Additional Insured” to a General Liability, Commercial Proper... READ MORE >>
Tuesday, April 4, 2017What many people may not realize is that sometimes litigation can be financed by an outside 3rd party. The industry of litigation financing helps support cases being brought that might never have been pursued because of a lack of money to finance a case or cases should this facility not exist. READ MORE >>
Monday, April 3, 2017We previously blogged about Kentucky Attorney Conn who was accused of gaming the social security system out of over $550,000,000. Per the ABA Journal report, Mr. Conn has pleaded guilty to charges he submitted false medical documents and bribed an administrative law judge to approve claims, obligating the government to pay more than $550 million in lifetime disability payments. READ MORE >>
Friday, March 31, 2017You have all gotten e-mails from people that you have never heard of looking for representation, “to collect a past due bill let me know if your firm can handle” or "Legal representation based on breach of sale contract. I wait to hear from you if your firm can take on my case. READ MORE >>
Wednesday, March 29, 2017With everyone worried about Cyber Security and Data Breaches, many people forget that most frauds happen from within. One might be surprised to find out that some malpractice claims can be attributed to fraud from with the law firm. READ MORE >>
Friday, March 24, 2017As with a marriage it is generally easier to get into one than to break it up. Dissolving a law firm is much like breaking up a marriage, but with many more complexities. There are a whole host of issues that are created when a Law Firm breaks up including the business side of the law and the practice of law. READ MORE >>
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