Tips for Choosing a Professional Negligence Insurance Policy

Most law practices today know that it’s worth having a professional liability insurance, even if they operate in states which don’t require them to. A much harder analysis, though, can be to determine what type of coverage to purchase and for what amounts. Brokers and insurers can help with answering those questions, but let’s look at some factors a practice might want to consider. Choosing the Right Insurer When you…

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Tips on Dealing with a Malpractice Claim

It can be scary to find yourself on the receiving side of a malpractice claim, but there are certain things you can do to make sure you don’t make a bad situation worse. A good place to start would be reviewing any applicable legal malpractice policy to identify your obligations and formulate a plan. Lawyers sometimes tend to respond to claims in ways that complicate matters and may make it…

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Five Bad Habits that Lawyers Need to Break

There is a lot of data out there regarding legal malpractice claims against lawyers, and it includes things like frequency, type of law, the size of the firms, and even amounts of damages sought. All that information can be very useful to lawyers and law firms who want to identify areas of potential risk and take the necessary precautions. Some of the most obvious risk prevention measures are relatively easy…

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How to Save Money on Professional Liability Insurance

Almost every law firm and practice consider legal malpractice insurance essential, but not all of them actually check whether they are getting the best prices from their insurers. The most important document that insurers use to calculate a legal malpractice insurance premium is the application. They usually ask various questions, most of which focus on four important things: the firm’s size, their practice areas, geographical reach, and their claims experience….

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Who Can Sue a Lawyer and Ways to Stop Them

Unlike in the case of other torts, the class of plaintiffs who could bring legal malpractice claims against lawyers is pretty limited. Legal malpractice claims can usually only be raised by a limited number of people to whom lawyers owe a legal duty to exercise care, diligence, and skill in the performance of professional services. There are, however, situations in which a court may consider that a lawyer owes a…

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Identifying and Dealing with Conflicts

Attorneys are generally aware that conflicts are serious business. There are plenty of cautionary tales in the media, as many recent high-profile legal malpractice cases seem to have their roots in unresolved conflicts issues. However, by understanding the types of conflicts and how to resolve them, attorneys can minimize the risk of finding themselves in a conflict and unnecessarily losing work every time there is a suggestion of conflict. The…

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Quick Tips on Fighting Legal Malpractice Claims

Each legal malpractice action is unique. They are very fact-intensive, and they depend on the underlying representation’s circumstances. Legal malpractice defense is also a continuously evolving area of law, changing with every appellate decision. When a lawyer is accused of legal malpractice, they can speak with their firm’s in-house counsel for advice. When a lawsuit alleging legal malpractice is actually filed, the stakes can seem very high. Many lawyers mistakenly…

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