Attorney Malpractice insurers find that the use of non-engagement /disengagement letters reduce legal malpractice insurance claims. Insurers have defended and paid on claims where the client alleges that the law firm was still representing them when the law firm...
Engagement letters confirm the representation’s scope setting forth the parties’ responsibilities, billing rates/contingency agreements and expense costs. Engagement letters discuss the scope and limits of the firm’s representation. The...
Computer Fraud Insurance in the Cyberage, about courts supporting insurers in denying coverage for cybercrimes that did not originate with through ‘direct’ use of a computer should cause insureds to look closely at their cyber insurance coverage. ...
Identity theft continues to rise. Want to be a target? Posting personal details on social media like loans, credit cards or phone contacts will put you in the crosshairs of cyber criminals. It can leave victims with big bills, or a bad credit rating...
Many Law Firms carry large balances in Escrow Trust and IOLTA accounts. What would happen if those funds disappear? Law firms may rely on a “trusted” employee to manage the funds, balance the accounts, deposit funds and write checks. ...