L Squared Insurance Agency Blog: professional liability
View the latest blog posts from L Squared Insurance Agency.
Tuesday, February 21, 2017The Financial Crisis and Great Recession had its roots in a number of major problems. One of those was Real Estate. Many Home Equity Loans that were over 100% of equity in the house value. Lenders were willing to lend up to and in some cases over the value of a home. READ MORE >>
Monday, February 20, 2017Markel Insurance Company wrote an attorney malpractice policy for Las Vegas attorney Robert Graham in 2015. According to Markel the Law Firm’s application stated that they knew of no circumstances, situation, act, error or omission that could lead to a claim against the firm, even tho... READ MORE >>
Friday, February 17, 2017Recently Blogged about the American Bar Association (ABA) Hours of Delegates voting to approve model rules requiring that attorneys complete one hour of substance abuse and mental health education every 3 years. Many attorneys work to a large extent by themselves and unlike many other professions can have very little support group to help them with the daily stresses of life. READ MORE >>
Thursday, February 16, 2017The world has changed in the past few years. All of us think nothing about tweeting or posting about what we did, what we saw, what we ate or how we feel almost as soon as it happens. Sometimes if makes us feel good to air publicly arguments or disagreements when we perceive that we were treated unfairly. READ MORE >>
Wednesday, February 15, 2017The legal profession is one of the most stressed groups of professionals. The stress starts with law school and continues into practice. A study by Davenee Foundation on Lawyers & Depression shows how serious an issue this is. It states that attorneys rank 5th in an incidents of suicide by occupation. READ MORE >>
Monday, February 13, 2017With the new Attorney General Jeff Sessions and administration promising to be tough on drugs and crime it should be interesting to see how the federal government treats Marijuana Law. Remember that even though it may be legal in your state, it is still a federal crime to possess or use marijuana. READ MORE >>
Friday, February 10, 2017With the new Attorney General Jeff Sessions and administration promising to be tough on drugs and crime it should be interesting to see how the federal government treats marijuana. Remember that even though it may be legal in your state, it is still a federal crime to possess or use marijuana. READ MORE >>
Thursday, February 9, 2017One of the leading causes of lawyers professional liability insurance claims are conflicts of interest. Beyond representing both parties in a proceeding such as a divorce, there are many hidden conflicts that can cause law firms problems. Not finding conflicts can lead to loss of clients, loss of fees, disciplinary issues and attorney malpractice claims. READ MORE >>
Wednesday, February 8, 2017Blowing a statute of limitation or a deadline is the quickest way to turn your client problem into the attorney’s problem. This is one of the most common preventable errors that can be counted on to turn into an attorney malpractice claim. READ MORE >>
Monday, February 6, 2017It is not always clear when the line of misrepresentation or non-disclosure on the Lawyers Professional Liability Insurance application crosses the line between having a specific claim denied to having the coverage rescinded. READ MORE >>
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