Swiss Re Archives - Lockton Affinity Lawyer

Top 10 Best Practices New Year’s Resolutions for Lawyers

This time of year, many lawyers are reflecting on the wins and losses of the past year. You may wonder how to make 2020 even better. Few New Year’s resolutions will be more impactful than those you make to protect your future. Secure a brighter future for your professional reputation and law career in 2020 with these top 10 best practices New

December 20th, 2019|Law Firm Tips, Swiss Re|

Managing the Risk of Conflicts of Interest

For attorneys, conflicts of interest allegations can lead to several undesirable outcomes, whether a formal malpractice claim, costly litigation, disciplinary issue, or problems with insurance. It’s a situation best avoided.

Yet recent studies of attorney malpractice claims indicate that conflicts of interest allegations are on the rise. While some claims assert an attorney had divided loyalties, others contend there were adverse interest issues.

November 13th, 2019|Law Firm Tips, Swiss Re|

Tips for Texting Clients

Like most people today, lawyers are rarely more than an arm’s reach from their cell phone. You may have even made a habit of giving your clients your cell phone number and allowing them to call or text you at any time.

Texting clients can help facilitate scheduling, reminders and quick communications, while also giving clients a positive impression that a lawyer is

October 22nd, 2019|Law Firm Tips, 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|

Risk Management for the Defense Attorney

Recently, the legal malpractice industry has seen an uptick in claims filed against defense attorneys. Some of these claims are of high severity, resulting in seven figure settlements or verdicts.

What is responsible for this new development and how can defense attorneys guard against it?

Why Claims Against Defense Attorneys are Increasing

Traditionally, defense work supported by institutional clients drew relatively few malpractice claims. Institutional

July 17th, 2019|Law Firm Tips, Swiss Re|

How to Manage a Pending Malpractice Claim

For a lawyer, there is nothing worse than the gnawing feeling something at the office is not quite right. Why hasn’t my client returned my phone calls? Did I file that brief on time? Why is my client late paying their bill?

It is inevitable that you will make a professional mistake at some point during your career. Once you realize an error

June 17th, 2019|Law Firm Tips, 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|

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, Swiss Re|

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, Swiss Re|