Attorney in between FirmsAn attorney can be in between jobs and wants coverage until their next job comes along. That attorney wants legal malpractice protection.  With frequency we get asked about short terms attorney malpractice policies, this is that recently asked question:

From Attorney:

I was referred to you by my former employer. I was recently laid off for business/downsizing reasons, and I anticipate that I will be practicing as a solo attorney for some time, but perhaps not more than a few months at the most. Accordingly, I am no longer on my old firm's malpractice policy, and I would like to acquire a policy of my own. Could you possibly assist me in obtaining coverage, and tell me if there are options geared towards short-term coverage? Thanks, and I look forward to speaking with you soon.

Our Response:

Happy to help.  But you need to be aware that all lawyer malpractice insurance policies sold in the US are claims-made and sold on an annual basis.  While you can cancel at any time and in Michigan get a prorata refund, once the policy is canceled your coverage ends (including past acts) unless you purchase an extended reported period endorsement or get your new employer to pick up your prior acts coverage.  All claims-made policies work this way.  Attorney malpractice insurance is not designed to be short term.

Lee Norcross 
Contact Me Today
Lee Norcross, MBA, CPCU

Managing Director, CEO

(616) 940-1101 Ext. 7080 
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