L Squared Insurance Agency Blog: lawyers professional liability
View the latest blog posts from L Squared Insurance Agency.
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 >>
Tuesday, September 26, 2017In Westport Insurance v Peter G Mylonas, Westport filed a declaratory action with the court to determine whether multiple allegations of attorney malpractice during Mylonas representation of his client Papadopoulos result in one claim or many claims. READ MORE >>
Monday, September 25, 2017New York’s ethics board’s opinion follows New Jersey, Ohio, South Carolina and Pennsylvania in stating that Avvo and LegalZoom along with other such online legal service providers violate New York’s rules of professional conduct. READ MORE >>
Tuesday, September 19, 2017According to a recent ABA article, Lawyers who travel outside country may be asked to show the contents of their phone or laptop to a customs agent. A customs agent may not need probable cause so the 4th Amendment will not protect an attorney from searches at the border. READ MORE >>
Friday, September 15, 2017This question comes up with some frequency from Prospective Insureds getting close to retirement: Question: “I received your inquiry letter dated June 14, 2017. I currently insure with MLM However, I am considering retirement within the next two years and I am wondering what insurance is offered for lawyers in retirement. READ MORE >>
Thursday, September 14, 2017According to the BBC the DoNotPay robot lawyer website generates documents that people can use in small claims court. It has not been programmed to provide free legal advice for victims of the Equifax data breach. Users of this site should be aware that depending on the state small claims court may or may not be the best place for your claim. READ MORE >>
Thursday, September 7, 2017This is an important question if you expect the malpractice insurance carrier to pay your malpractice claim. Not properly insuring the attorneys can cause a claim denial. Lawyers Professional Liability Insurance policies are written to cover the Law Firm. READ MORE >>
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