As a law firm evolves through the years, its insurance needs may change. Changes in a firm’s practice areas and clients might require different liability insurance limits than the firm required in the past. Raising policy limits to meet a law firms...
As an accountant and auditor through the years of working with attorneys and seeing some of the claims reported because of lack of controls I have always been amazed. More than one attorney has decided that they only want to ‘practice law’ and leave...
Gonakis v Medmarc Casualty Insurance Company. In this case the District Court granted a summary judgement for Medmarc Casualty stating that because of ‘prior knowledge’ of the claim and not disclosing this claim to Medmarc prior to purchase of the...
Moving a law practice can open up an exciting new chapter. But make sure to add insurance to your moving checklist. As with the practice of law, property and casualty insurance is regulated by each state. Insurers and insurance policies by state can...
