L Squared Insurance Agency Blog: attorneys fees
View the latest blog posts from L Squared Insurance Agency.
Thursday, June 18, 2020More than one attorney has been very upset to find that their fees are rarely covered under an attorney malpractice insurance policy. Usually this realization comes after the claim is denied. Included under this category of damages are civil or criminal fines, sanctions, or penalties ordered by a court or other administrative body. READ MORE >>
Tuesday, April 23, 2019Every few months we have a law firm contact us about a judge that awarded attorney’s fees to the other party. That award can be in the hundreds of thousands of dollars. Many are under the false assumption that this is something normally covered under an attorney malpractice policy. READ MORE >>
Monday, November 12, 2018Defendant New Jersey Attorney Cige in the case of Balducci v Cige had plaintiff Balducci sign a fee agreement that allowed Attorney Cige to collect the greater of his hourly rate plus expenses or a portion of the settlement in the underlying discrimination case. READ MORE >>
Thursday, April 12, 2018Attorney Malpractice Insurance Policies do not have standard wording but a common exclusion is for excluding awarded attorney’s fees. As attorney’s fees can run in the hundreds of thousands of dollars or more this can be a significant surprise if the firm is not aware of this exclusion. READ MORE >>
Thursday, April 21, 2016While Lawyers Professional Liability policies do not have standard wording excluding attorney’s fees it is a common exclusion. Normally attorney’s fees are carved out in the definition of damages. When examining the Lawyers Professional Liability Policy, this exclusion is not normally found in the exclusion section of the policy. READ MORE >>
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