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The Better Lawyer

February 2020

A risk management publication for legal professionals

Female lawyer in court

Risk Management Tip

“Naked” … and Afraid?

Attorneys who elect to practice “naked”, that is, without professional liability insurance, may not have the opportunity to “tap out” and ultimately go on their merry way when the going gets tough.

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Gavel

Claim Study

Failure to Timely File Suit

An attorney has a professional obligation to perform due diligence throughout the course of representation. This includes conducting a thorough investigation into material deadlines such as when to timely file suit within the applicable statute of limitations.

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Mature lawyer talking to clients

Tips from the Bar

In this month’s Tips from the Bar, Karen A. Smyth, Esq. of Lipson/Neilson discusses: The Pros, Cons, Risks, and Ethics of Pursuing Clients for Fees.

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Legal documents spread out

Ask William

In this month’s feature, William responds to the question: “Is there such a thing as a non-engagement letter?”

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Stack of law books

Risk Management Highlight

The Importance of Engagement and Disengagement Letters

Engagement and disengagement letters are a vital part of any legal practice. They help facilitate communication between you and your client as well as serve as a record of what you and your client agree to regarding the extent of professional services to be provided.

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Legal Section

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This material does not amend, or otherwise affect, the provisions or coverages of any insurance policy or bond issued by Travelers. It is not a representation that coverage does or does not exist for any particular claim or loss under any such policy or bond. Coverage depends on the facts and circumstances involved in the claim or loss, all applicable policy or bond provisions, and any applicable law. Availability of coverage referenced in this document can depend on underwriting qualifications and state regulations.

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