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5 Simple Ways to Prevent a Malpractice Claim    

From clear communication to proper documentation, there are many ways you can prevent malpractice claims and subsequent loss. Does your firm follow these loss prevention tips?

  1. Avoid Conflicts of Interest

Allegations of conflict of interest drive both frequency and severity. Watch carefully for conflicts arising from dealings with former or current clients and avoid those arising from your own interests in a client’s business.

  1. Properly Screen Potential Clients

Ever heard a fellow attorney say “I just knew that client would be trouble.”? Never ignore your gut feelings about a prospective client and always follow your firm’s client screening questionnaire before beginning a partnership.

  1. Communicate Clearly

Developing a rapport with clients can reduce the likelihood of a simple error becoming a claim for malpractice. By focusing on the non-technical aspects of […]

December 5th, 2018|

How to Send a Proper Engagement Letter

An engagement letter is a contract between you and your client. Each new client or project, big or small, should start with an engagement letter that is signed by all associated parties. These letters can be used as binding contracts in the event of fee disputes, collection issues and more. Overall, this documentation delivers peace of mind and security to both parties.

Why send an engagement letter?

 First and foremost, an engagement letter sets expectations for both parties. Your client will know exactly what to expect from you, as well as what is expected of them. This can help prevent misunderstandings and should strengthen the relationship down the road.

In the rare event of a dispute between you and your client, the legally binding engagement letter can serve as the […]

November 13th, 2018|

5 Reasons Small Law Firms Need Professional Liability Coverage

Professional liability insurance is critical piece of protection for small and large firms alike. In the event a malpractice claim is filled against your firm, a professional liability policy will help cover the cost of certain legal fees, and judgments or settlements your firm may face.

  1. The odds
    Even if your practice is small and you are extremely diligent in your work, your firm can be sued. Though you may work in a space where “everyone knows everyone” and you trust that your clients would never sue your firm, you truly never know. An estimated 4-17% of lawyers are sued each year, and of all reported malpractice claims, 70% are made against firms with fewer than five attorneys.
  2. Peace of mind
    An error-free representation does not mean you are free from […]

June 4th, 2018|