L Squared Insurance Agency Blog: lawyers
View the latest blog posts from L Squared Insurance Agency.
Thursday, August 11, 2016Approximately twenty-five percent of legal malpractice claims result from calendaring issues, such as failure to know a deadline, failure to timely file, failure to record in a calendar or failure to respond to a calendar reminder. A law firm should use calendaring for all projects, events and deadlines. READ MORE >>
Wednesday, August 10, 2016You would never think to let your law firm go without attorney malpractice insurance. Workers Compensation insurance is required by law for your employees. A Business Owners Policy is there to protect your property and general liability exposures. But for certain special events, there may be no coverage. READ MORE >>
Tuesday, August 9, 2016Attorneys love to publicize success stories. Posting about recent victories can valuable marketing tool to generate new clients. With an attorney a success story can often disclose details regarding clients, which could raise client confidentiality concerns. READ MORE >>
Monday, August 8, 2016Once you have made sure that all of the entities that should be covered are covered, you understand the insuring agreement, and the policy exclusions, there is one more important step. You now know some of the What or in the case of the policy exclusions, what not; Where; and When; but you still need the Who and the rest of the What. READ MORE >>
Friday, August 5, 2016An important and sometimes overlooked item is what are the entities that are actually insured under the Lawyer Professional Liability Insurance Policy? Generally Attorney Malpractice Insurance policies are written on behalf of the named insured firm and all of the attorneys that work for the firm are insured for the work that they do for the firm. READ MORE >>
Tuesday, August 2, 2016All Lawyers Professional Liability Insurance Insuring agreements are not created equally. The insuring agreement also may be given another heading such as “defense and settlement” or another similar name. This plus additional coverages section(s) will tell you the attorney malpractice policy coverage intent. READ MORE >>
Monday, August 1, 2016AttPro Risk Tip of the Month Suing your client for fees often results in a counterclaim for legal malpractice. Try to resolve the issue with good communication with the client. If you need help, some bar associations offer fee dispute resolution assistance. READ MORE >>
Thursday, July 28, 2016Travelers Insurance has developed the following “Pressure Test” for your Cyber Risk. In addition to the test questions, it also provides many helpful hints for managing the Cyber Risk. Take the test. Either click on or cut and paste the following link into your browser to see where your firm stands: READ MORE >>
Wednesday, July 27, 2016As with any insurance policy, you first see what is covered, the next thing you need to look for is what is not covered. Attorney professional liability insurance policies are not standard, so making the assumption that every Attorney Malpractice Insurance policy is the same; as the saying goes will make an “Ass out of You”. READ MORE >>
Tuesday, July 26, 2016There are a number of things that need to be maintained if you switch professional liability insurance carriers. Some of those items are: 1. Make sure the effective date of the replacement policy matches the expiration date of your current coverage. READ MORE >>
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