Tag Archive for: E&O

Ever wonder what all those letters mean in your firm’s business insurance coverage policies and why they are so important to the ongoing operation of a law firm? Our own Kelley Milks, AHERN Executive Vice President, will demystify what types of insurance your firm should have, determining the correct amount of coverage you should carry, and will update you on new happenings in the business insurance arena. You will come away with the tools and information to be confident at your next renewal meetings and perhaps even be able to throw those acronyms right back!

                                  TITLE: The ABC’s and 123’s of Insurance
                                  PRESENTER: Kelley L. Milks, CIC, CRM, RPLU
                                  DATE: Thursday, June 18, 2020
                                  TIME: 9AM to 10AM PST
                                  COST: FREE for BASF Members ($30 for Non-Members)

In this FREE webinar, you will learn more about:

• Property and Casualty Insurance for Law Firms
• Professional Liability Insurance for Law Firms
• What is trending in the insurance world?
• Open Q&A session at the end of the program

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Kelley Milks, an Executive Vice President at AHERN Insurance Brokerage, has worked in the insurance  industry for over 35 years, specializing in the risks of  law firms for over 20 years. In her role with AHERN,  Kelley provides clients with expertise in all exposures: professional liability, employment practices, workers’ compensation, fiduciary, commercial property and casualty. She holds the designations of Certified Insurance Counselor, Certified Risk Manager and Registered Professional Liability Underwriter. Her responsibilities also include developing new business. Kelley has actively supported the Association of Legal Administrators by providing seminars at national, regional and local events. She has also provided educational classes on the local level for the Certified Legal Managers designation.

Identifying Risky Clients at the Outset

Please join DRI and LawyerGuard® for a complimentary Webinar on November 15th, 2017 that will touch on many different aspects of identifying risky clients, such as different types of risky clients, red flags for identifying risky clients, and types of risky cases. This presentation will also discuss ways to protect the firm through use of various client communication letters.

Who Should Attend

  • Law firms, particularly the individual(s) responsible for risk management within the firm

What You Will Learn

  • How to identify the troublesome client or case
  • How troublesome clients increase your firm’s risk to a malpractice claim
  • What are the red flags of a dishonest client
  • How can client communications letters protect the firm

Webinar seats are limited. Register now!

DATE: Wednesday, November 15, 2017
TIME: 1:00 PM –
 2:00 PM Central

 

Presenters:

Kevin J. Sullivan is the program manager for the LawyerGuard Insurance Program, which provides lawyers’ professional liability insurance to law firms on a nationwide basis. He has over 30 years of professional liability underwriting /management experience, focusing on lawyers’ professional liability since 1995.

 

Thomas P. Sukowicz is a partner at Hinshaw & Culbertson LLP, working out of its Ft. Lauderdale, Chicago, and New York City offices. Tom has focused his practice for several years on advising attorneys on ethics and risk management issues and defending lawyers in professional disciplinary proceedings. He previously spent many years as a staff attorney at the Illinois Attorney Registration and Disciplinary Commission, where he investigated and prosecuted attorneys for professional misconduct.

No attorney wants to have a malpractice claim made against them or have their work criticized by a client. However, taking the right steps immediately following the assertion of a claim or potential claim, can go a long way to reducing it’s impact, to correct the problem or even prevent a formal claim from being made. So what should you do when you believe your client might be making a formal claim against you?

Click here to continue reading this Practice Tip…

Spring is the perfect time to take a fresh look at firm practices, including the firm’s prospective client intake procedures. Effectively evaluating a prospective client should determine whether they belong in the “keep” or “toss” box!

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The risk management landscape for collection attorneys has become more difficult over the past few years, given the explosion of FDCPA lawsuits filed against them.  A silver lining, however, is that the vast majority of these suits are frivolous, and can usually be dismissed in summary fashion.

In connection with law firm malpractice insurance however, these suits can present a trap for the unwary.  It is vital that no matter how “bogus” or “innocuous” such a suit appears (or indeed turns out) to be, each and every one of them must be reported to the firm’s current (and potential future) insurer, for the three major reasons.

Click here to continue reading this article…

Malpractice claims are disruptive and hurt the bottom line. By strengthening six key areas of practice management, the risk of claims can be substantially reduced.

Click here to read this article.

Properly understanding the legal malpractice statute of limitations is critical to both preserving the defense should a claim ever arise, and to the timing of filing any suit for fees against a client (a last resort with a high risk of drawing a responsive malpractice claim).

Click here to continue reading this article…

In Palmer v. Superior Court, the court has held that the attorney-client privilege may apply to intra-firm communications with a law firm’s in-house counsel concerning a present client threatening a malpractice claim. Palmer provides guidance on establishing a genuine attorney-client relationship with in-house counsel that enjoys the protection of the privilege should a claim later materialize.

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Tag Archive for: E&O