L Squared Insurance Agency Blog: attorney malpractice insurance
View the latest blog posts from L Squared Insurance Agency.
Wednesday, November 8, 2017Many law firms hold attorneys that leave the firm responsible for the attorney malpractice claims deductible should a claim be made against the firm for work that the attorney did while at that law firm. In most cases smaller law firms carry deductibles of $10,000 or less so although this c... READ MORE >>
Tuesday, November 7, 2017According the Illinois ARDC in 2016 of the 13,500 solo attorneys practicing law 41% of them did not carry attorney malpractice Insurance. Except for a handful of states attorney malpractice insurance is not required. So as shocking as the ARDC Illinois number is to the general public, this is not a surprising number. READ MORE >>
Monday, November 6, 2017Mr. Grasz was nominated to the US Court of Appeals for the 8th Circuit by President Trump. His nomination hearing before the Senate Judicial Committee was recently held. The ABA unanimously rated Mr. Grasz 'Not Qualified'. READ MORE >>
Thursday, November 2, 2017Attorneys that are supposed to read contracts for a living. They tell their clients the importance to not only read the contract but to understand what it means. Rarely do attorneys follow their own advice; many times they end up with expensive lessons. READ MORE >>
Wednesday, October 11, 2017According to ABC News a dead man’s unsent text message to his brother was accepted by an Australian court as the dead man’s will. Although this case has little influence on the US Court System it is a sign of the changes happening all over the world. READ MORE >>
Tuesday, October 10, 2017In the case of Maroulis v Friedman, Maroulis retained Attorney Friedman in a divorce proceeding in June of 2010. In November 2011 Maroulis dismissed attorney Friedman and hired another law firm. In July 2012, Maroulis settled the divorce action. In October 2014, Maroulis sued Friedman for malpractice and emotional distress. READ MORE >>
Thursday, October 5, 2017Questions dealing with Extended Reporting Period Endorsements (ERP or Tail) are the most frequent questions that we get. Many attorneys are shocked at the cost of an ERP. ERP premiums regardless of your attorney malpractice insurance carrier are a multiple of the expiring premium. READ MORE >>
Monday, October 2, 2017An attorney at Wilmer Hale accidentally sent confidential information about the departure of Pesico's former general counsel to the Wall Street Journal. Up to that time almost no one knew about the SEC inquiry. READ MORE >>
Friday, September 29, 2017Debt collection law firms have one of the highest frequencies of reported malpractice claims/incidents for all types of law firms. While most claims are relatively small, the frequency of claims drives up attorney malpractice rates for all law firms doing debt collection. READ MORE >>
Thursday, September 28, 2017Georgia Attorney Sandra Finch represented her client in a fire damage claim against Allstate Insurance. Attorney Finch was accused of obtaining without permission photographs of a Steamatic guide that was stored in Mark Gould’s office while Attorney Finch was waiting to depose Gould. READ MORE >>
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