L Squared Insurance Agency Blog: attorney malpractice
View the latest blog posts from L Squared Insurance Agency.
Tuesday, July 16, 2019Attorneys that are forming new practices, either for the 1st time as a new in practice attorney or coming from a larger firm often confront application questions that do not make sense. Malpractice Insurance Applications are retrospective questionnaires. READ MORE >>
Thursday, June 27, 2019 Attorney Malpractice Insurance policies are not “All Risk” insurance contracts. It is important to know what is covered in your policy. Unfortunately, I normally get this question after the attorney is either threatened with sanctions or sanctions have been awarded: From Attorney READ MORE >>
Thursday, June 13, 2019A common administrative error that causes many attorney malpractice claims involves statute of limitations issues. By one estimate at least 1 in 5 attorney malpractice claims involves a statute of limitations being missed. While determining the statute of limitation in a given state is relatively easy. READ MORE >>
Tuesday, June 11, 2019 The general public commonly believes that attorneys rarely get sued. By one estimate 1 in 20 private practice attorneys face a legal malpractice claim each year. Other estimates are that a private practice attorney can face 3 malpractice claims during their careers. READ MORE >>
Friday, May 17, 2019Avoid flying into a mountain. One of the more preventable attorney malpractice claims is a statute of limitations claim. Initial steps at client intake can help avoid or minimize your risk of being sued. First determine if the firm is bumping up against statutes of limitation issues. READ MORE >>
Wednesday, May 15, 2019 If you receive a subpoena for information or to testify take a deep breath and then notify your malpractice insurer. Even though this is a benefit in many policies it is a 2-edge sword. Responding to the subpoena without notifying your insurer could down the road lead to a malpractice claim’s denial for prior knowledge. READ MORE >>
Tuesday, May 14, 2019Many law firms do not answer this attorney malpractice application question correctly. Basically, the insurer wants to know what you did last year. Emphasis on the ‘last’ year. READ MORE >>
Tuesday, April 23, 2019Every few months we have a law firm contact us about a judge that awarded attorney’s fees to the other party. That award can be in the hundreds of thousands of dollars. Many are under the false assumption that this is something normally covered under an attorney malpractice policy. READ MORE >>
Thursday, April 4, 2019An 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: READ MORE >>
Wednesday, March 27, 2019 READ MORE >>
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