Insurance Archives - Lockton Affinity Lawyer

How a Business Owner’s Policy Protects Your Law Firm

Imagine the consequences for your law firm if there were a serious accident, fire or theft at the office. As a lawyer you know personal injury lawsuits are costly, stressful and time consuming, and theft, fire and other disasters can impact your ability to serve clients and run your business.

Insurance protection against these risks isn’t just nice to have, it’s critical for

July 17th, 2020|Attorney Protective, Insurance|

Workers’ Compensation Insurance for Law Firms and Lawyers

Law firms and lawyers often deal with workers’ compensation issues from the position of counsel representing an injured worker or their employer. But what if one of your own workers were seriously injured in a slip-and-fall accident?

For law firms with employees, workers’ compensation is not just an area of practice, it’s also legally required for doing business in most states. Without the

July 17th, 2020|Insurance, Swiss Re|

Announcing a New Risk Management Offering for Swiss Re Insureds

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 —

September 5th, 2019|Insurance, Swiss Re|

Why Swiss Re Corporate Solutions?

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,

August 21st, 2019|Insurance, Swiss Re|

Professional Liability Claim Example: Providing free legal advice for friends

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

May 8th, 2019|Insurance, Swiss Re|

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|

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|

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|

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|