L Squared Insurance Agency Blog: lawyer professional liability insurance
View the latest blog posts from L Squared Insurance Agency.
Thursday, March 22, 2018Attorneys become upset when they find out that suing clients for unpaid legal fees can cause their attorney malpractice insurance premiums to increase. In fact, with many admitted malpractice insurers as few as 5 client fee suits for unpaid legal fees in a 2 year period causes the insu... READ MORE >>
Friday, March 16, 2018 This is a frequently asked question. Attorney takes the “free” non-practicing Extended Reporting Period Endorsement (ERP/Tail) on his Attorney Malpractice Insurance Policy and decides to start practicing law again at a later date. What is the impact on the ERP? READ MORE >>
Thursday, March 15, 2018Many attorney s refer cases. Some firms do no real legal work and refer out almost any case that comes their way. For law firms with this business model they should read ‘Court Castigates the Solicit-Then-Refer Model’ by Seth Laver. The rest of this blog is for the attorneys that occasionally refer out cases. READ MORE >>
Friday, March 9, 2018Request from our Client: Need to add a temporary increased limits ‘rider’ to my Attorney Malpractice Insurance Policy to cover a large real estate deal for a client. Response: The term “rider” is normally associated with life and health insurance policies. READ MORE >>
Thursday, March 8, 2018Risk Management Tip from Travelers Insurance March 2018 News Letter: Steps to Take at the Inception of Each Client Engagement to Avoid a Malpractice Claim Any client who is unhappy with a law firm’s representation is a potential plaintiff in a subsequent legal malpractice action. READ MORE >>
Thursday, March 1, 2018 READ MORE >>
Sunday, April 10, 2016Many attorneys are upset when they find out that suing clients for unpaid legal fees can cause their lawyers malpractice insurance premiums to increase. In fact, with many admitted Lawyers Professional Liability Insurance carriers as few as 5 suits in READ MORE >>
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