Like many lawyers, you and your law firm have worked hard to build a great reputation. Yet in today’s world, information travels farther and faster than ever before, causing many to be concerned about the rising risk of reputational damage. Moreover, when it comes to unexpected publicity or press inquiries, lawyers and law firms are often unsure how best to respond —
When shopping for professional liability insurance for your law firm, ensure you are getting the best possible protection for your assets and reputation. At Lockton Affinity, we have built an extensive network of reliable, financially stable and highly rated carrier partners—among them, Swiss Re.
In addition to competitive premiums, Swiss Re Corporate Solutions excels when it comes to longevity, financial strength, claims handling,
Often, friends or family will approach attorneys for free and quick legal advice. While it may seem like a good idea, providing such advice, without taking the proper measures, can end in a lawsuit.
Professional Liability Claim Background
In a recent professional liability claim, a friend approached an attorney (a Swiss Re insured) to assist in forming a corporation.
The attorney helped form a commercial
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,
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
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
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
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