Many an attorney is frustrated when they first breach the subject of using the “free” non-practicing Extended Reporting Period Endorsement (ERP or Tail) with their Attorney Malpractice Agent. If the agent tells them the cold “truth”, it...
Unlike 10 to 20 years ago attorney malpractice claims are now a part of life. Today it is a cost of doing business. Being a defendant in a legal malpractice claim is no fun. In addition to the potential cost of an adverse judgement, there is...
The conundrum some attorneys face is that after they retire, they really did not want to fully retire. An old client or a new client comes along and wants the attorney to do some part-time legal work. While a free non-practicing Extended Reporting Period...
Risk Management Tip Factors to Consider When Acquiring Other Law Firms The economic benefits from a successful acquisition can be substantial, and great news for all involved. On the other hand, a bad acquisition can take down a law firm. The acquiring firm...
Have blogged about this before. Attorney’s close to retirement having qualified for a free non-practicing ERP are shopping their malpractice insurance. Saving a couple hundred dollars today could cost thousands tomorrow. The following was...
