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What If I Forgot to Disclose Something on My Legal E&O Application?
Posted by Randy Heaster on Aug 11, 2018 9:27:00 AM

Errors and omissions (E&O) insurance is a lawyer’s safety net against mistakes and malpractice claims. It is important to have sufficient coverage over the course of your career (and beyond) because everybody makes mistakes. Ensuring that you have adequate coverage begins with carefully completing the insurance application.

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How to Spot Dangerous Clients
Posted by Bob Jennings, CPA, EA on Jul 25, 2018 5:42:00 PM

Not every client who walks through your door will be one you want to represent. Just because somebody is willing to pay for your services doesn’t mean it’s in your best interest to take their case.

In fact, your decision to decline a client may save you money (and a lot of trouble) down the line. From the high maintenance client to the truly malicious one, some people are just not worth the added stress and risk of a legal malpractice claim.

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Topics: Legal Malpractice

How to Spot Conflicts of Interest Before Taking a Case
Posted by Bob Jennings, CPA, EA on Jul 12, 2018 6:34:00 PM

A conflict of interest exists for an attorney “if there is a substantial risk that the lawyer’s representation of the client would be materially and adversely affected by the lawyer’s own interests or by the lawyer’s duties to another current client, a former client, or a third person.” Understanding how to spot potential conflicts can help reduce the chance that you’ll face a professional complaint or malpractice lawsuit.

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Topics: Lawyers Professional Liability, Attorney Professional Liability Insurance

I Only Take Small Cases. Do I Really Need E&O Insurance?
Posted by Joe Barnard, CPA on Jun 25, 2018 10:16:00 AM

As a new attorney or a small practitioner, you may wonder if the protection of professional liability insurance is worth the price. Even if you’re only practicing law part time, are only taking small cases, or are working for a small startup business, your best bet is to carry E&O insurance.

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Topics: Lawyers Professional Liability

What Should I Know About My E&O Policy Limits?
Posted by Joe Barnard, CPA on Jun 11, 2018 3:57:00 PM

Having an errors and omissions insurance policy from the very moment you begin practicing law is the best way to protect yourself against professional liability issues throughout your career. Not all policies are the same, however. Before you purchase a policy, ask the following questions.

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Topics: Lawyers Professional Liability, Attorney Professional Liability Insurance

When Does a Mistake Become Malpractice?
Posted by Joe Barnard, CPA on May 29, 2018 5:08:00 PM

Not all mistakes that lawyers make rise to the level of “legal malpractice.” In fact, proving legal malpractice is no easy task.

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Topics: Lawyers Professional Liability, Legal Malpractice

Why Did My Malpractice Insurance Rates Go Up?
Posted by Joe Barnard, CPA on May 17, 2018 4:05:00 PM

If your malpractice insurance rates are rising even though you haven’t had a claim, several common factors may be involved.  

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Topics: Lawyers Professional Liability, Attorney Professional Liability Insurance

Do You Have Gaps in Your Legal Malpractice Insurance?
Posted by Joe Barnard, CPA on May 2, 2018 11:45:00 AM

It’s great to have professional liability insurance that covers your day-to-day work, and if you’re settled at a firm that provides coverage, you may feel like you’re safe and protected.

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Topics: Attorney Professional Liability Insurance

Top 5 Reasons Every Lawyer Should Have E & O Insurance
Posted by Joe Barnard, CPA on Apr 19, 2018 3:45:00 PM

Errors and omissions (E&O) insurance policies cover professionals, including lawyers, for their losses or liabilities if they make a mistake or commit malpractice. Although it can be uncomfortable to think about needing this kind of protection, E&O insurance is a vital part of your overall professional plan.

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Topics: Lawyers Professional Liability, Attorney Professional Liability Insurance

Starting Your Own Firm: What to Know About E&O Insurance
Posted by Joe Barnard, CPA on Apr 5, 2018 3:42:00 PM

Starting your own firm is a big step in your legal career. With all the start-up costs and decisions, there may be an impulse to defer purchases that you consider non-essential. Professional liability insurance shouldn't be one of those.

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Topics: Lawyers Professional Liability, Attorney Professional Liability Insurance

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