L Squared Insurance Agency Blog Page 53
View the latest blog posts from L Squared Insurance Agency.
Thursday, July 22, 2021We often tell insured how important prior acts coverage is, but what does it cover? Attorney malpractice insurance is written on a ‘Claims-made’ policy form. ‘Claims-made’ coverage in its purest form only provides coverage for covered acts that that occurred and were reported during the policy period. READ MORE >>
Wednesday, July 21, 2021Why are malpractice insurers concerned about case sharing case and client referrals? Any time a law firm shares a case with another attorney or refers the case out to another firm, the original law firm continues to have exposure for this case. READ MORE >>
Wednesday, July 21, 2021 IRS Section 7216: Everything CPAs and Accounting Professionals Need to Know 7216 is a criminal provision that prohibits tax return preparers from knowingly or recklessly disclosing or using tax return information READ MORE >>
Friday, July 16, 2021By buying business insurance, you take a big step to secure your finances and create a strong risk management strategy. After all, you never know when a single incident like a fire or break-in could devastate your business and cost you a fortune. READ MORE >>
Thursday, July 15, 2021 READ MORE >>
Wednesday, July 14, 2021Not only can you vary the deductible amount, but you can apply different options to help balance the insurance claims costs with the amount of exposure you are willing to take. Not all attorney malpractice deductibles are created equal. Deductible options can be packaged into policies or added as an endorsement for an additional charge. READ MORE >>
Wednesday, July 7, 2021 Is It Billable? Billing Practices That Can Lead to Malpractice and Fee Disputes July 21, 2021 1:00 PM Eastern Time; 12:00 PM Central Time Nothing can be more frustrating for a lawyer who has worked diligently on a matter than the realization that their client does not intend to pay their legal bill. READ MORE >>
Wednesday, June 30, 2021Career Coverage provides an individual attorney with prior acts coverage for work done prior to their association with their current law firm. The reasons an attorney may want this coverage is:
1. To cover past acts if their old firm did not contin... READ MORE >>
Wednesday, June 23, 2021 SESSION 3: Emerging Trends, Lowering a CPA’s Legal Exposure in Areas That You May Not Have Thought Of (1 CPE) Presenter: John F. Raspante, CPA, CDFA, MST In this presentation, we will discuss new and emerging exposures with risk management tools and procedures to help minimize the risk of doing business in today’s business climate. READ MORE >>
Wednesday, June 16, 2021
It’s Not Your Money: Tips for Ethical Handling of Client Trust Accounts
Tip from Hinshaw & Culbertson
Lawyers don’t go to law school to learn principles of accounting and banking. However, once armed with a law license, lawyers - - especially solo practitioners and those ... READ MORE >>
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