Lockton Affinity, LLC, Author at Lockton Affinity Lawyer

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So far Lockton Affinity, LLC has created 41 blog entries.

Top Cyber Breaches of 2023

Cyber breaches were in the news a lot in 2023. In fact, 2023 was one of the most significant years on record for cybersecurity incidents. Even if you and your law firm didn’t have a hack, you may have still felt an impact.

With everything from common office tools to telecom services, hotel check-ins and even cleaning supplies targeted by hackers, it turns

June 29th, 2024|Cyber Security, Law firm risks|

7 Conflict Checks Tips to Reduce Malpractice Risks

Lawyers often look forward to their next client and their next case. It’s exciting to meet new people and learn about their legal needs. However, in the rush to entertain a new business opportunity, proper conflict checks are sometimes neglected.

Neglecting conflict checks can lead to an adverse outcome for both a client and their lawyer. Here are seven conflict checks tips for

March 26th, 2024|Attorney Protective, Risk management|

Announcing a New Risk Management and CLE Provider

Starting off the new year, we have some exciting news. At Lockton Affinity, we have built an extensive network of carrier partners who are attentive to the evolving concerns and needs of today’s legal professionals, among them, Swiss Re. We are pleased to announce that Swiss Re Corporate Solutions is now offering Swiss Re policyholders access to a new risk management and

January 22nd, 2024|Insurance information, Risk management, Swiss Re|

Why You May Need Cyber Liability With Your Legal Professional Liability Coverage

Do you have insurance for all the risks you and your law firm face? Many lawyers do not. Legal professional liability coverage is common these days, as lawyers attempt to mitigate the risk of third-party claims. But some claims may not be covered. Neither professional liability, business owners or general liability insurance policies typically cover most cyber incidents. For this reason, lawyers

November 16th, 2023|Cyber Security|

Delayed Claims Reporting Cost This Client $15 Million

On June 29, 2023, the case of Students for Fair Admissions, Inc. v. President and Fellows of Harvard College culminated in a landmark ruling by the U.S. Supreme Court, which held that colleges and universities can no longer take race into consideration as a specific basis for granting admission.1 It’s a decision that will have lasting impact, yet it is not the

October 2nd, 2023|Risk management|

Policy Limit Demands: Could Leaving a Voicemail Lead to a Malpractice Claim?

A claimant’s policy limit demand may set an attorney up to fail in hopes of a larger payday. Small mistakes could constitute a rejection, which opens an attorney up to a malpractice claim.

Prior claims can help offer insight into what to do and what not to do. Here’s what to know about policy limit demands, the most common pitfalls to watch out

July 26th, 2023|Law firm risks|

Cannabis Law: Can Cannabis Clients Result in an Ethics Claim?

Today more than ever, lawyers face an unusual risk dealing with the ethical complexities of cannabis law. Dozens of states have legalized certain cannabis products, creating a new industry in need of professional legal services.

However, marijuana remains illegal at the federal level. Here’s what to know about cannabis clients and where cannabis law stands for lawyers today.

Cannabis Clients of the Past

Not too

May 19th, 2023|Law Firm Tips|

2023 CLE Webinars for Lawyers

Continuing legal education (CLE) is a powerful tool that helps lawyers minimize the risk of a malpractice claim. Participating in CLE activities also helps ensure you meet your state requirements and may even save you money on your insurance premiums.

Lockton Affinity Lawyer is lucky to have an extensive network of carrier partners attentive to the CLE needs of legal professionals, among them,

February 16th, 2023|Law Firm Tips|

8 Nontraditional Legal Malpractice Risks

Most malpractice claims involve a client suing their lawyer, but that’s not always the case. Nontraditional legal malpractice claims can also go far beyond the usual allegations of a missed statute of limitations deadline, failure to correctly interpret the law or breach of contract.

Other risks exist that can put your future in jeopardy, particularly because many attorneys will look at a nontraditional

December 15th, 2022|Law Firm Tips|

The Risks of Willful Blindness to Client Fraudulent Conduct

Most lawyers don’t have a crystal ball sitting on their desk. But every lawyer should know the signs that suggest something might be off about a client and understand their duty to investigate under the applicable ethics guidelines.

Unfortunately, some individuals do engage with legal professionals to defraud institutions, commit crimes or launder money. Lawyers are held to high standards and the consequences

September 7th, 2022|Risk management, Uncategorized|