Prior Acts Coverage 101
Before 1970, all legal malpractice policies were occurrence-based policies, meaning that If an attorney had malpractice insurance when an error allegedly happened, then regardless of when the claim was made (even years later), the claim was covered (subject to the terms and conditions of the policy).
Preventing Gaps In Your Insurance Coverage
We cannot stress enough the importance of maintaining coverage and not creating a gap in your professional liability coverage. One thing you do not want to do is take the risk of having a gap in your professional liability insurance policy.
Organizing Your Law Office for Effective Management
People who work in an organized office are tend to be more efficient and productive than those that work in a messy office. Having good organizational systems in place can helps you avoid clutter and confusion and while increasing productivity.
Are Free Consultations For You?
People love to get things for free. In fact, most businesses find ways to give out freebies to drive business. As a lawyer, you can do the same thing by offering a free consultation. During the consultation, you will spend time with a potential client to answer questions and offer advice.
I Should Ask for Referrals and Testimonials? You’re Kidding, Right??
I realize that many lawyers are uncomfortable – actually many people are – asking for referrals. It gets worse when one suggests that lawyers should ask for testimonials. Both are important for business development, however. It’s instant credibility. If a client or former client or even just a contact suggests that someone hire you as their lawyer, it’s like gold in the bank. It means that the person is endorsing your legal abilities, and putting their reputation on the line.