Legal Malpractice Insurance Deductibles: How to Save Serious Money

Legal Malpractice Insurance Deductibles: How to Save Serious Money

Deciding on where to purchase your legal malpractice insurance (E & O or Professional Liability Insurance) can be difficult, especially when looking at all the associated costs that come with.

I think it's a safe assumption that premiums dictate what coverage you get and where you get it.

What you may not know though is that the type of deductible associated with your policy can greatly increase its value.

I’ll be sharing with you a unique Deductible Abatement Provision to save you money on future policies.

I’ll also cover more common deductible variations so when it comes time to renew or shop for your insurance you will have a better understanding of the value you can receive from your policy.

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What Companies Require Cybersecurity?: Intro to Regulations and Protection (2017)

What Companies Require Cybersecurity?: Intro to Regulations and Protection (2017)

Cybersecurity requirements are continually increasing, as are the questions regarding what to do about them.

If you’re wanting to keep you and your company off cybersecurity enforcers' radars and stay ahead of the game if or when cybersecurity becomes law for your industry, this article is for you.

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Cybersecurity Information Fiduciary: What the Heck Is It?

Cybersecurity Information Fiduciary: What the Heck Is It?

Lawyers, accountants, and doctors all fall under the term “information fiduciary” because they collect personal information and have a responsibility to protect that information. They are liable if that information were to fall into someone’s hands that could pose a threat to the individuals they collected it from. The ABA says that Lawyers have an ethical and legal obligation “to develop, implement, and maintain an appropriate cybersecurity program.”

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10 Ways to Help Prevent a Legal Malpractice Lawsuit

10 Ways to Help Prevent a Legal Malpractice Lawsuit

Despite best efforts, dissatisfied clients sometimes file legal malpractice suits. Although there are no guaranteed methods preventing suits from being filed, there are tried and true ways that often reduce the risk of being sued, or minimize exposure once suits are filed.

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2016 Cyber Attack Stats and Defense Options

2016 Cyber Attack Stats and Defense Options

The Baker Hostetler Law Firm, a recognized expert on regulatory and legal consequences of Data Breaches, has released its 2016 Data Security Report titled, Is Your Organization Compromise Ready? In the 300 incidents handled by the firm in 2015 phishing, hacking, and malware took the lead, accounting for about 31% of incidents investigated. However, after analyzing the underlying issues that allowed the attacks to succeed, the findings showed that human error was a significant factor over half of the time.

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The Professional Liability Insurance Policy Badge of Honor

The Professional Liability Insurance Policy Badge of Honor

For a long-time practitioner, your retro date usually coincides with the date you first purchased liability insurance probably close to the date you first started practice. For many, your retro date starts the legacy of many years of continuous insurance coverage representing an entire career.

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