Law Firm Tips Archives - Lockton Affinity Lawyer

How to Handle Fee Disputes with Your Clients

 Browsing through your inbox, you notice that the check from the insurance carrier you recently settled a claim with has arrived. Imagining all the wonderful things you can do with your portion of the proceeds, you pick up the phone to call your client and ask her if she wants to stop by the following day and pick up her portion. “How

April 5th, 2019|Law Firm Tips|

How to Avoid Email Pitfalls

Email has become the preferred method of communication for corresponding with colleagues and clients. Although writing an email is easy, lawyers need to avoid email pitfalls. By avoiding the common errors discussed below, your emails will remain effective and professional.

Tips to Avoid Email Pitfalls:

Failing to Promptly Respond

It is essential to do a thorough review of an email before sending it to the

April 2nd, 2019|Law Firm Tips|

The Importance of File Documentation

Swiss Re recently experienced a complex, high exposure case related to improper file documentation. The case likely would not have been pursued if the insured had properly documented their client file.

To prevent experiencing a similar case, read on for proper file documentation tips.

Case Background

Our insured attorney represented debtors in a bankruptcy case. One of the pressing issues in the bankruptcy case was

February 19th, 2019|Law Firm Tips|

Withdrawing from a Case

Withdrawing from a case usually comes from irreconcilable differences between attorney and client. The manner and means of terminating that relationship can affect the likelihood that a malpractice claim will be presented.

First, know and follow the procedures applicable in your jurisdiction. Many states, like California, provide in their own Rules of Professional Conduct when withdrawal is mandatory and when it is permissive.

February 5th, 2019|Law Firm Tips|

EPT Risk Management

Claims made against attorneys who practice in the area of estate, probate and trust have been steadily increasing.

As the Baby Boomer generation ages, we are experiencing the largest generational transfer of wealth than at any other time in our history. While the Boomers are the wealthiest of all previous generations, they often lived with a “can’t take it with you” mentality.

Even with

January 8th, 2019|Law Firm Tips|

Placing Professional Liability Coverage With a Dependable Carrier

As an attorney, not much seems worse than facing a malpractice claim. Having a financially sound, respected and dependable carrier, however, can make all the difference during such a stressful time. Knowing that insurance professionals are managing the defense of the claim and that your carrier will be there to fund any settlement or judgment against you is essential for your peace

December 7th, 2018|Law Firm Tips|

Does your Social Media Conduct Violate Professional Rules?

Violations of Social Media Conduct

More and more lawyers are using social media to take advantage of the effortless accessibility to the public. With so many law firms and lawyers participating, it is wise to review the professional conduct rules governing communication and advertising. Understanding the rules while navigating the uncharted waters of social media can make the difference between great marketing and

October 2nd, 2018|Law Firm Tips|

How to Manage a Malpractice Claim

Obviously avoiding errors and the associated risk of a malpractice claim is ideal. While understanding the trends and common errors that contribute to legal malpractice claims is important, taking proactive risk management steps, like sending engagement letters, is even more essential.

Risk management training and education services can help avoid claims, however they can be costly, especially for smaller firms or attorneys

September 4th, 2018|Law Firm Tips|

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|

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|