Affinity Group Insurance Trends & Solutions | Lockton Affinity

New Risk Management Offering – PR Consultations

Law firms are becoming more and more concerned about reputational damage. As information disseminates more quickly than ever before, lawyers are often confused about how to respond to publicity and press inquiries.

Westport has heard these concerns and is pleased to announce a new risk management offering – Public Relations Event Service. With your professional liability policy through Lockton Affinity’s Lawyer Insurance Program,

May 24th, 2018|Insurance, Swiss Re|

Frequently Asked Questions about Professional Liability for Lawyers

As an attorney, you likely have a lot on your mind, but finding Professional Liability for lawyers shouldn’t have to be one of them. With coverage from Lockton Affinity Lawyer, your career and firm is protected. Read on for all you need to know about Professional Liability Insurance.

 

Frequently Asked Questions about Professional Liability for Lawyers

+ Why do I need Professional Liability Insurance?

April 13th, 2018|Uncategorized|

Importance of Business Owners Insurance

Owning a law firm comes with many responsibilities – managing finances, employees and clients. With all of that and more on your plate, it can be hard to find the time to shop around for the right insurance coverage for your firm. Luckily, Lockton Affinity Lawyer offers Business Owners and Workers’ Compensation policies, in addition to their Professional Liability and

April 13th, 2018|Insurance|

10 Loss Prevention Tips for Attorneys

From clear communication to proper documentation, there are many ways you can prevent malpractice claims and subsequent loss at your firm. Does your firm follow these loss prevention tips?

Choosing Clients

  1. Avoid Conflicts of Interest

Allegations of conflict of interest drive both frequency and severity. Watch carefully for conflicts arising from dealings with former or current clients and avoid those arising from your own

March 19th, 2018|Law Firm Tips|

Coverage for Lawyers Representing the Cannabis Industry

As states continue to legalize cannabis for medicinal or recreational purposes, professional service firms are experiencing a rapid growth of new markets for their services. While this opportunity for growth is exciting, and despite the effect of state law, marijuana remains illegal under Federal Law. This conflict between state and federal statutes places marijuana businesses or supplemental businesses at risk of being

February 6th, 2018|Insurance, Swiss Re|

Fee Shifting Provisions: Do or Don’t?

Many attorneys now routinely place fee shifting provisions in their attorney-client retainer agreements. These provisions generally provide that in the event of a dispute between the client and the attorney, the prevailing party may recover their attorney fees. These agreements, however, may not be appropriate in every case or for every law firm. The following article discusses certain disadvantages to such fee

January 25th, 2018|Insurance, Swiss Re|

How to Avoid Wire Transfer Fraud

Like cyberattackers, Scammers are inserting themselves into legal, real estate and other transactions with a level of sophistication never before seen. These scammers can duplicate email addresses, steal letterhead, and follow a transaction so that they learn the intimate details. There is one way to prevent this fraud – a telephone call must be placed before funds are wired. The only

January 25th, 2018|Law Firm Tips|

Avoid creating confidentiality through your firm’s website

Avoid creating confidentiality through a firm website

Law firm websites are designed to be helpful, but they are also designed to generate business. As a result, many law firms share information about the firm, its attorneys and ways to contact their company. In the contact section, the firm may ask individuals to provide their name, contact information and a brief description of their

October 31st, 2017|Law Firm Tips|

Do I really need Insurance?

Do I really need Malpractice Insurance?

Do you wonder if you really need legal malpractice insurance when you open your law practice?  Even if your practice is small and you are extremely diligent in your work or you work in an area where ‘everyone knows everyone’ and you believe that your clients would never sue you, consider the following:

  • An estimated 4-17% of
October 31st, 2017|Insurance|