Professional Liability Insurance Feed

Judiciary Law § 487 Claims in 2018 are on the Rise, and Why It Should Matter to You and Your Firm (Treble Damages)*

Over the past ten years, it has become easier for legal malpractice plaintiffs to seek punitive damages against their attorney(s) via New York’s Judiciary Law § 487. As forecasted in August 20171, and as evidenced in the Second Department’s recent Betz v. Blatt decision issued in April 2018, the threshold... Read more →


Cyber Liability - To Cloud or Not to Cloud: How Do Lawyers Decide What Cloud Based System is Right

Cloud based systems have become more common place and widely used by law firms. Generally, cloud computing allows for the storage and access of data and programs with compatible devices over the Internet instead of utilizing your computer’s hard drive. Cloud based systems can give us the ability to share... Read more →


Quick Tip - 4 Ways to Find Balance

Many business professionals, particularly lawyers, struggle to manage time, money, and their personal relationships, and strike a balance between all three. Here are some effective ways to maintain your equilibrium: 1. Be Intentional When time and money are not in unlimited supply, you must be intentional about how they are... Read more →


An In-Depth Look At Lawyers' Professional Liability Insurance

Navigating the terms of your professional liability coverage can be complicated, especially since there are different types of policies with their own individual reporting requirements. The following explanation of the various policy types (“Claims-made” vs “Claims-made and Reported”) and the reporting requirements associated with them, along with other important policy... Read more →


Attorney as a Party - Communication with Opposing Parties*

The well-known old saying often credited to Abraham Lincoln states that “He who represents himself has a fool for a client.” This article will not comment on the advisability of representing yourself in litigation, but will instead discuss the ethical issues that arise when an attorney is either a pro... Read more →