L Squared Insurance Agency Blog: lawyers
View the latest blog posts from L Squared Insurance Agency.
Monday, November 21, 2016Earlier this year we blogged about a Pennsylvania attorney that had been sanctioned for $1 million for “egregious tactics”. As we mentioned sanctions are not generally covered by Lawyers Professional Liability Insurance policies. READ MORE >>
Friday, November 18, 2016PHOENIX — Laurence "Kirk" Nurmi, who was dragged to the depths of social-media infamy for representing killer Jodi Arias during her two highly publicized trials, has signed an agreement to be suspended from practicing law for four years because he published a book about the case. READ MORE >>
Monday, November 7, 2016This time of year there are many attorneys that are forming new practices, either for the 1st time as a new in practice attorney or coming from a larger firm. Here are a couple things to remember when completing attorney malpractice applications: 1. Attorney Malpractice is written for the firm. READ MORE >>
Friday, November 4, 2016Administrative errors involving statute of limitations issues are one of the most common attorney malpractice claims. By one estimate at least 1 in 5 attorney malpractice claims involves a statute of limitations issue. While determining the statute in a given state is relatively easy. READ MORE >>
Thursday, November 3, 2016The general public commonly believes that attorneys rarely get sued. By one estimate 1 in 20 private practice attorneys face a legal malpractice claim each year. Other estimates are that a private practice attorney can face 3 malpractice claims during their careers. READ MORE >>
Monday, October 31, 2016As the law firms try to address their costs by avoiding hiring new associate attorneys many firms have turned to hiring contract attorneys either on a short or long term basis. This has advantages to the law firm by being able to take on more legal work without having to permanently increase its fixed costs. READ MORE >>
Friday, October 28, 2016L Squared does not charge a policy fee on any admitted insurance policy product. The only fees that it does charge are on surplus lines accounts for filing fees. Unfortunately, L Squared has to pass along the policy fees, Risk Purchasing Group (RPG) fees and Risk Retention Group (RRG) fees that many of the insurance providers that L Squared works with charge. READ MORE >>
Thursday, October 27, 2016While is seems like our presidential candidates can state virtually anything to win the election. Attorneys representing clients are held to a higher standard. This issue was addressed by the California Standing Committee on Professional Responsibility & Conduct for a hypothetical case. READ MORE >>
Monday, October 24, 2016We are occasionally asked what would constitute a “deliberate act” under an attorney malpractice policy that would be excluded from coverage. Gaining an advantage at any means will likely lead an attorney down this path. Here are some deliberate acts in the extreme. READ MORE >>
Friday, October 21, 2016The 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 >>
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