L Squared Insurance Agency Blog: attorney malpractice
View the latest blog posts from L Squared Insurance Agency.
Friday, April 7, 2017We get this question frequently, especially after an attorney has received one of our mailers. “I need prior acts coverage and your mailer states that you work with malpractice insurance carriers that offer prior acts coverage.” READ MORE >>
Thursday, April 6, 2017Occasionally we are asked to add an “Additional Insured” to a Lawyers Professional Liability Insurance Policy. In the world of commercial insurance this is a normal practice. Most requests to add an “Additional Insured” to a General Liability, Commercial Proper... READ MORE >>
Tuesday, April 4, 2017What many people may not realize is that sometimes litigation can be financed by an outside 3rd party. The industry of litigation financing helps support cases being brought that might never have been pursued because of a lack of money to finance a case or cases should this facility not exist. READ MORE >>
Monday, April 3, 2017We previously blogged about Kentucky Attorney Conn who was accused of gaming the social security system out of over $550,000,000. Per the ABA Journal report, Mr. Conn has pleaded guilty to charges he submitted false medical documents and bribed an administrative law judge to approve claims, obligating the government to pay more than $550 million in lifetime disability payments. READ MORE >>
Friday, March 31, 2017You have all gotten e-mails from people that you have never heard of looking for representation, “to collect a past due bill let me know if your firm can handle” or "Legal representation based on breach of sale contract. I wait to hear from you if your firm can take on my case. READ MORE >>
Wednesday, March 29, 2017With everyone worried about Cyber Security and Data Breaches, many people forget that most frauds happen from within. One might be surprised to find out that some malpractice claims can be attributed to fraud from with the law firm. READ MORE >>
Friday, March 24, 2017As with a marriage it is generally easier to get into one than to break it up. Dissolving a law firm is much like breaking up a marriage, but with many more complexities. There are a whole host of issues that are created when a Law Firm breaks up including the business side of the law and the practice of law. READ MORE >>
Friday, March 17, 2017A recent blog addressed many issues associated with Suing Clients to Collect Unpaid Legal Fees. A few law firms seem to think that it is not as bad if they turn the accounts over to a 3rd party to collect. Attorney Malpractice Insurance Carriers treat these suits the same as the firm had sue the client directly. READ MORE >>
Wednesday, March 15, 2017A few months ago we mentioned a suit Shore v Johnson & Bell (Docket No. 116cv04363) concerning a potential class action suit against the firm for not having security measures up to industry standards and thus not properly protecting client data. READ MORE >>
Tuesday, March 14, 2017When completing the attorney malpractice insurance application, a frequent question is how to answer the number of hours “worked”. Many attorneys spend 60 or more hours a week in the office, but that rarely translates into even 40 billable hours. READ MORE >>
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