Lawyers Errors and Omissions….
Attorney Malpractice…….
Lawyer Professional Liability Insurances……
.......different terms for the same insurance.
If you find the whole business a little confusing you are not alone.To help our clients, below you will find a collection of articles from professional journals and the American Bar Association that may help to explain how your coverage is affected by your firms areas of practice and some helpful hints your firm can do to lower your risk and your premiums.
California Lawyer Professional Liability Insurance / Errors Omissions Specialist
What is professional liability insurance and who needs it?
Who and what do professional liability policies cover?
What protections are typically featured with professional liability insurance?
What Drives the Cost of Attorneys Errors and Omissions Insurance?
What drives the cost in determining the rates you will be charged?
What "Red Flags" can make getting insurance coverage more difficult?
What are the elements of your insurance contract?
What are the elements of your insurance contract?
- The Application
- The Declaration Sheet
- The Insurance Policy
- Endorsements
Law Firm Loss Prevention Systems and Procedures
- Docket & Calendar Control
- Mail Handling
- Conflict of Interest Avoidance
- Serving as Corporate Director/Officer
- File Opening Procedure
- Fees & Billing Practices
- Work Product Control/Peer Review
- Client Selection
What to Do if You Have a Situation That Might Result in a Claim
1. Could this incident cause my client harm?
2. If it were not for this incident, would my client’s case be successful?
3. Can the situation be fixed (e.g., can lost documents be replaced, can a deadline be extended)?