Are there limitations in your Malpractice Insurance coverage?

Are there limitations in your Malpractice Insurance coverage?

It is important to know the limitations of a Legal Malpractice or Lawyers’ Professional Liability Insurance (LPL) policy. Most Legal Malpractice Insurance Policies have three components in common.

The key to avoiding the unexpected is to have a good understanding of all restrictions, provisions and costs at the time of purchase or renewal. The implications of these three components can wreak havoc on a law firm.

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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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Take Advantage of Legal Malpractice Insurance Tail Coverage When You Part Ways

Take Advantage of Legal Malpractice Insurance Tail Coverage When You Part Ways

To avoid a potential uninsured career, lawyers practicing in a group setting, need to be prepared to buy Tail coverage should the “group” split up and there is no successor to continue to insure the former firm, and its lawyers’ prior acts.

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