L Squared Insurance Agency Blog: lawyers
View the latest blog posts from L Squared Insurance Agency.
Wednesday, March 25, 2020 READ MORE >>
Wednesday, July 17, 2019We need your help. L Squared Insurance Agency has been featured as a top choice by Michigan Lawyers Weekly in the Best Legal Malpractice Insurance Provider Category for 2019. But the finalists will be determined by popular vote. Please go directly to question #36 on the following survey and vote for L Squared Insurance Agency today. READ MORE >>
Tuesday, March 26, 2019 Protecting the ‘business side of the law’, the firm needs to carry business owners, workers compensation, and cyber insurance. But these commercial insurance policies exclude the ‘practice side of the law’. Claims-made attorney malpractice insurance policies protect the ‘practice side of the law’. READ MORE >>
Tuesday, February 26, 2019 An attorney can do the darnedest things to ensure that they get their claim denied. Attorney Malpractice insurance policies are claims-made and reported policies. Remember insurance policies are contracts. Not understanding your coverage is not a defense for getting a claim denied. READ MORE >>
Monday, February 25, 2019Many an attorney is frustrated when they first breach the subject of using the “free” non-practicing Extended Reporting Period Endorsement (ERP or Tail) with their Attorney Malpractice Agent. If the agent tells them the cold “truth”, it can change the attorney’s plans about how and when to retire. READ MORE >>
Friday, February 22, 2019Unlike 10 to 20 years ago attorney malpractice claims are now a part of life. Today it is a cost of doing business. Being a defendant in a legal malpractice claim is no fun. In addition to the potential cost of an adverse judgement, there is the stress and expense of being away from practicing law to defend yourself. READ MORE >>
Tuesday, February 19, 2019 READ MORE >>
Wednesday, February 6, 2019What do you mean that Full Prior Acts might not mean Full Prior Acts. Legal Malpractice Insurance policies are similar but there is no common meaning to the terms. Full Prior Acts is a term that is often misunderstood and changes from insurer to insure as to its meaning. READ MORE >>
Tuesday, January 22, 2019 You report a malpractice claim to your insurer giving an overview of what the claim was about. Next thing you know you get a reservation of rights letter from your insurer. When you top sheet the reservation of rights letter you start to get upset because it looks like the insurer is getting ready to decline coverage. READ MORE >>
Thursday, January 17, 2019The following Article is from AttPro Ally's Winter 2019 Issue 29 Quarterly magazine. Bringing Your Practice Into the 21st Century By: Shari L Kelvens, Esq and Alanna Clair, Esq Inertia can be toxic to a law practice. Sometimes, lawyers are content to manage their practices as they always have, assuming that the old ways always work the best. READ MORE >>
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