Question from Law Firm:Law Firm’s Managing Partner states, “My Travelers Attorney Malpractice Insurance Agent tells me that it is going to cost 3 times expiring to buy an Extended Reporting Period Endorsement (ERP or Tail). Our law firm is merging...
Attorneys do not question the need to back-up their computers or phones, but a few have a real problem with getting a backup attorney. Not sure how a computer or phone’s data is more important than the attorney. From a malpractice insurer’s...
Attorney Malpractice Insurance policies use no standard form. Even though the policy wording is different, they generally cover the same risks and exposures. But as the saying goes, ‘the devil is in the details’. Case in point is the...
Insured asks:What is ‘Step Rating’? I did not find term defined or mentioned in my policy.Response:Attorney Malpractice Insurance policies are written ‘claims made’ policy form. Most Claims Made Policies are Step...
New York Attorney M Scott Vayer was admitted to practice law in 1980. Somewhere around 2001 Vayer stopped reregistering with the Office of Court Administration (OCA) because of the stresses in his life prevented him from being able to complete his CLE. He...
