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L Squared Insurance Agency Blog: attorney malpractice

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Attorneys 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 >>

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 >>

A 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 >>

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 >>

Avoid 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 >>

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 >>

Many 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 >>

Every 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 >>

An 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 >>


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