L Squared Insurance Agency Blog: lawyers professional liability insurance
View the latest blog posts from L Squared Insurance Agency.
Monday, May 7, 2018Attorney in Washington state had a continued history of double dealing with her firm. After being fired for the practice she mislead her new employer and continued the same arrangement with individual clients outside of her firm. For that and many other sins she was disbarred. READ MORE >>
Friday, May 4, 2018This often asked question only comes from the attorney that might be paying more than his friend. I say might, because occasionally they are both paying the same premium. But there are other cases where the premiums are dramatically different. READ MORE >>
Thursday, May 3, 2018Most Attorney Malpractice Insurance policies have exclusions for outside interest in other businesses that may or may not be a firm client. This is one area that attorneys need to be careful about. Every insurer’s malpractice policy has different wording. READ MORE >>
Wednesday, May 2, 2018Normally there is confusion at the Law Firm’s office when a request comes in to add a certificate for a mortgagee to an attorney malpractice insurance policy. While we do write many firms’ business owners coverage (BOP) and are happy to add the mortgagee to a BOP; we decline when it is specifically for the malpractice insurance. READ MORE >>
Monday, April 30, 2018Lawyers that choose to go without malpractice insurance believe that because they work for a small firm and maintain close relationships with their regular clients, that they are immune to claims. Other attorneys believe that the chances of them facing a claim aren’t great enough for them to purchase an Attorney Malpractice insurance policy. READ MORE >>
Friday, April 27, 2018Some law firms are reluctant to report small claims. Many times the law firm feels that the legal malpractice claim is small and they can cover it themselves. These strategies will help their insurance history thus keeping their attorney malpractice insurance premiums lower. READ MORE >>
Thursday, April 26, 2018Tough call, you found this terrific attorney that would be a great fit for your firm. The attorney’s prior firm(s) work experience and skills are exactly what your law firm needs. The attorney is concerned about the prior firm surviving after departure and has asked if you will pick up this prior acts exposure. READ MORE >>
Wednesday, April 25, 2018 Yesterday we blogged about client selection and how client selection helps prevent Attorney Malpractice Claims. Today we have a Monkey attempting to file a copyright infringement suit against a photographer. PETA decided that it was time to help an Indonesia Macau Monkey named Naruto protect his rights to the “Monkey Selfies” that he took in 2011. READ MORE >>
Tuesday, April 24, 2018This case started out as an historical American submarine copyright infringement suit that should have never been brought. Once the fuse is lite it is hard to put out. We recently blogged about Attorney’s Fees not being covered by Attorney Malpractice Insurance. READ MORE >>
Monday, April 23, 2018A Risk Purchasing Group (RPG) allows like risks to be able to purchase liability insurance on a group basis. Formed by Congress in 1981, the Products Liability Risk Retention Act allowed the formation of groups to purchase liability insurance on a group basis. READ MORE >>
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