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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

1. Whether or not your state requires it, you should have insurance on day one. 

Starting your own firm is a big step in your legal career. Set yourself up for success by doing things right from the beginning. While it may be tempting to forego errors and omissions (E&O) insurance when money is tight, this can prove to be a devastating choice if a client sues you.

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Topics: Lawyers Professional Liability, Attorney Professional Liability Insurance

A Client Filed a Complaint Against Me. What Should I Do?
Posted by Joe Barnard, CPA on Mar 21, 2018 12:05:00 PM

Lawyers can expect to face at least one professional complaint during their careers. When it happens to you, keep your cool. The fact is that vast majority of professional complaints are dismissed. 

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Topics: Lawyers Professional Liability, Risk Management

A Lawyer’s Risk Management Checklist
Posted by Joe Barnard, CPA on Mar 5, 2018 12:14:00 PM

In hiring you as their attorney, your clients put a great deal of trust in you. They may trust you to protect their assets, their safety, their civil rights, or their liberty. As a result, you have a great responsibility to each of them.

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Topics: Lawyers Professional Liability, Risk Management

Will My Legal Malpractice Insurance Cover Work I Do On The Side?
Posted by Joe Barnard, CPA on Feb 19, 2018 3:42:00 PM

If you’re already covered by legal malpractice insurance, you’re on the right track. Having professional liability insurance in place from the very beginning of your legal practice provides valuable protection for your reputation, your livelihood, and your assets. 

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Topics: Lawyers Professional Liability, Attorney Professional Liability Insurance

What Is Tail Coverage, and Do I Need It?
Posted by Joe Barnard, CPA on Feb 9, 2018 2:44:00 PM

There are two ways to get coverage for claims that arise outside your policy period: tail coverage and retroactive (or prior acts) coverage.

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Topics: Lawyers Professional Liability, Attorney Professional Liability Insurance

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