Articles with insights and tips to help attorneys and law firms improve their practice, adapt to market changes, explore tech, stay informed, and protect it all with tailored insurance solutions.
#knowmoreriskless
Legal malpractice insurance safeguards attorneys from claims and financial risks. Discover how it functions, its coverage, the main risks attorneys face, and ways to shield your firm from expensive claims.
Technology is reshaping the legal field, but success depends on strengthening human connections, not replacing them. As clients demand digital convenience, firms must modernize without losing trust, empathy, or personal service. The future of law belongs to firms that are both tech-savvy and deeply human. Learn how you can achieve both.
A lapse in coverage isn't just a minor oversight; it can wipe out years of protection. Because legal malpractice insurance is written on a claims-made basis, even a brief gap can leave your firm exposed to claims you thought were covered. In this article, we break down how these policies work, why continuous coverage is critical, and what it can cost to fix a lapse.
An Extended Reporting Period (ERP), or "tail coverage", protects attorneys after their active policy ends by covering claims from prior work. Learn how ERPs work with claims-made policies, what options and costs to expect, and when to secure one to keep your past acts protected and your peace of mind intact.
Claims-made and reported policies can be tricky to navigate. This article explains how timing, retroactive dates, and tail coverage affect your legal malpractice protection, and how to avoid costly gaps in coverage.
Ohio legal malpractice insurance rules changed in 2025. Learn what is different, who it impacts, and how to comply.
Cyber threats put every law firm at risk. A single attack can compromise client data and expose your firm to costly legal consequences. Cyber liability insurance offers financial protection, legal support, and compliance guidance—but is it a smart investment or just another expense?
Struggling to balance the demands of running a law firm? This guide offers practical strategies to help attorneys streamline their workload, enhance communication, and boost productivity. Turn busywork into meaningful accomplishments and set your practice on the path to sustainable success.
Understanding why attorneys get sued for malpractice is the first step in protecting your practice. From missed deadlines to conflicts of interest, this blog breaks down the top 15 reasons attorneys face malpractice claims and offers practical tips to help you avoid these common mistakes.
No one likes unpleasant surprises, especially in business. Which makes preparation a vital pillar in any business.
Malpractice claims are bad news. With so much on the line, it makes sense to do everything you can to avoid receiving a malpractice suit.
Reducing Exposure from a Shared Office Space and Responding to a Suit
Stay informed with practical guidance on legal malpractice prevention, law firm management, and business insurance strategies.
From risk management and firm operations to emerging industry trends, these articles are designed to help you protect your practice, strengthen client relationships, and operate with confidence to level up your legal career.
Yes! Professional liability insurance (PLI) can provide your law firm with a defense in the event a claim is filed against you, whether an error was made or not. Should a claim occur, PLI coverage may provide you with access to a defense attorney seasoned in lawyer’s malpractice claims caused by:
Access to this type of support when dealing with a malpractice claim can help eliminate the loss of time and money (and not to mention stress) that defending a claim requires. Having someone on your side to offer advice and answer questions is invaluable.
Many states require lawyers to disclose whether they carry malpractice insurance. Some states may require clients to sign a written disclosure acknowledging that the attorney is practicing without professional liability insurance coverage. Requiring potential clients to sign these disclosures may cause them to question working with you. Or you may practice in a state that requires PLI. Oregon and Idaho, for example, currently require attorneys to carry professional liability coverage. Just more reasons why yes, you do need professional liability insurance.
Lawsuits can happen, frivolous or not. Without adequate coverage protecting your firm, a lawsuit could be so costly that it leaves your business in ruins.
Because professional liability insurance is written on a “claims-made and reported” basis, you will want to obtain coverage for your firm as early as possible in your legal career.
“Claims-made and reported” means the claim must occur and be reported during the policy period. Your retroactive date, or prior acts date, is the date upon which you first obtained coverage. When a lawyer has prior acts coverage, malpractice issues that occur after the retroactive date are usually covered* as long as the matter was reported in compliance with the policy. On the other hand, any alleged malpractice that happened prior to the retroactive date would be excluded from coverage, even if reported during a current policy term.
So, you will want to have coverage in place as soon as possible because you will need to have a policy in place when the error occurs and the claim is reported (or coverage may not apply).
Many factors can determine your annual premium, and rates may differ between carriers.
Some key premium factors are:
Price vs. Value: Making Informed Choices When Shopping for Lawyers Professional Liability Insurance
Looking for deeper insights? Explore our info papers, free CLE webinars, podcast, and Lawyer’s MBA.
Begin the experience for yourself: prompt contact from an agent, a no-obligation estimate tailored to your needs, and the professional reliability your business deserves!
Subscribe to our monthly newsletter to receive loss prevention tips & advice, CLE webinar invites, our latest blog articles & more.
