Malpractice Insurance
Practice Guide
Malpractice Insurance Articles
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Five Tips to Avoid Getting Sued
Within a business, there are few things worse than getting slapped with the dreaded lawsuit. Not only are lawsuits expensive, but they can be time-consuming, draining and frustrating. So how do you avoid one?
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Unique Challenges of Solo Law Firm Practice
While much that is written about malpractice claims is applicable to all lawyers, solo attorneys should also understand the unique malpractice dangers of their practice.
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Management of the Common Risks of E-Lawyering
It's hard to deny that technology is a vital part of any law practice. While technology has made the practice of law far easier, it has also added a layer of risk. In order to manage this risk, it is very important for all attorneys to protect themselves from common "e-lawyering" mistakes.
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Good Fee Agreements Make Good Clients
Napoleon once observed that he spent 10% of his time fighting his enemies and 90% fighting with his allies. Lawyers should carefully manage the relationships with their clients to avoid such battles.
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Getting Informed Consent During Conflicts Check
One of the most challenging aspects of running a law firm involves the conflicts check. This challenge is amplified when there are multiple parties and misperceptions about the attorney's duty to each party. The key in handling murky conflict matters involves setting appropriate expectations.
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Thinking About Law Firm Risk Management
If you're a good lawyer, you won't get sued for malpractice. This belief may be comforting, but it's a myth. Good (and bad) lawyers get sued. There is no simple way to predict if your client will sue you for malpractice. In fact, risk management begins as soon as a person becomes a potential client.
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The Basics of Legal Malpractice Insurance
Jurisdictions vary on the whether attorneys are required to carry malpractice insurance, but commonsense weighs strongly in favor of always carrying malpractice insurance, regardless of your state's requirements.
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A Glossary of Legal Malpractice Insurance Terms
Before you buy your malpractice insurance policy, you must understand common malpractice insurance terms. While many of these terms may be familiar to you from other insurance policies, certain terms are unique to malpractice insurance.
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Professional Liability Insurance for Legal Malpractice
To insure against the risk of legal malpractice, attorneys and law practices often get legal malpractice insurance. However, thinking about malpractice insurance coverage as a means to mitigate risk raises several important issues.
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Answers to Common Legal Malpractice Insurance Questions
Before you consider buying malpractice insurance, it is important to understand the basics of insurance.