As the legal landscape changes, understanding professional liability and risk management strategies is essential for safeguarding the firm's interests and reputation.
Claims of professional liability against attorneys have risen consistently in the U.S., with the American Bar Association's (ABA) latest study showing estate, trust, and probate claims accounting for nearly 12% of reported cases between 2016-2019.
Lawyers face potential liability claims even after their professional liability insurance policy has ended, making "tail coverage" essential for long-term protection.
Legal professionals face various risks that may arise long after services have been provided, necessitating specific types of professional liability insurance.
Navigating the complexities of legal malpractice claims, ranging from large national companies to small, boutique firms, play a significant role in shaping the claim experience.
Navigating the complex terrain of professional liability insurance to shield against the unforeseen legal challenges that can arise in the course of professional practice.
Effective on January 1, 2024, Congress’s most recent effort to combat money laundering and other financial crimes - The Corporate Transparency Act (“CTA”).
Navigating through the myriad of insurance coverage options can daunting. Specialist insurance brokers offer a beacon of clarity and expertise in a sea of policy jargon and fine print.
