L Squared Insurance Agency Blog: of counsel
View the latest blog posts from L Squared Insurance Agency.
Thursday, April 28, 2022Attorneys can easily misunderstand what is and is not covered when a firm has an ‘Of Counsel’ attorney working for them. Attorneys continue to construct ‘creative’ relationships for attorney malpractice coverage under this mistaken belief. Believing something versus having coverage are two different things. READ MORE >>
Tuesday, May 19, 2020COVID-19 is impacting law firms. Once stable law firms are now shedding attorneys. These attorneys are looking for new firms to work with or for, yet firms are now reluctant to hire new attorneys. Without having a crystal ball as to the future, adding cost to the law firm by hiring additional attorneys is not likely to happen. READ MORE >>
Thursday, February 28, 2019Over the years we have run into this coverage problem that unknowingly creates a lack of coverage for an attorney. Just like a sleeping baby, no one screams until the baby is awakened. A multi-member law firm has a tenant attorney staying in their office space. READ MORE >>
Wednesday, April 18, 2018Question from Attorney: I am contemplating merging my practice into another firm and becoming "of counsel" to that firm. I may have a legal matter or two that is not included in the merger, and I will be retaining the existence of my current LLC READ MORE >>
Thursday, February 1, 2018Many law firms misunderstand as what is and is not covered when a firm has an ‘Of Counsel’ attorney working for them. Attorneys continue to construct ‘creative’ relationships for attorney malpractice coverage under this mistaken belief. READ MORE >>
Thursday, September 29, 2016There appears to be many mistaken beliefs about what is and is not covered when a firm has an of counsel attorney working for them. And believing something is covered versus being covered are two different things. Of Counsel doing no work for the law firm READ MORE >>
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