There is a right way and a wrong way to save money on your professional liability insurance. Here are the Five Filthiest economic mistakes law firms make in their malpractice: 1) Area of Practice Misclassification – The professional liability application is the face of the firm. A key part of the application is the area […]
Posts Tagged ‘insurance’
Five Filthy Flaws in your malpractice insurance—How to avoid and clean them
June 12th, 2012
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Same Page Risk Management
May 5th, 2010
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Over the years, we have noticed that risk management is taken seriously by management. Managing partners and executive committees discuss with us and know what can get the firm into trouble and what reasonable steps are needed to minimize their exposures. Simple examples include: monitoring receivables and being responsive to any hints of client dissatisfaction. […]
Are Partners owners or employees of the firm? Don’t bet your firm on this one! PART I
April 13th, 2010
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Understand your insurance; Avoid the loss.