Search
 

Back to Basics with LPL

Social media and cyber liability are trendy, but when it comes to protecting a law firms reputation, you cant go wrong by focusing on the basics.

By Jennifer Dumont | Updated on August 31, 2012
By Jennifer Dumont, senior vice president for Atlantic Risk Specialists Inc.

Navigating your way to a top- performing lawyers’ professional liability (LPL) policy can seem like yesterday’s news when compared with the ever-changing regulations and impact of social media and cyber liability. However, providing protection for a firm’s reputation, defense and indemnification through proper coverage are the main objectives when insuring law firms. Addressing the additional exposures of social media, cyber liability and employment-related practices for law firms are essential to your client’s risk management plan. With clients eager to make the jump to a new carrier to save premium, back-to-basics policy review and due diligence are in order.

Related: Read the article “Insurers Seeing More High-Severity Liability Claims Against Lawyers” by Chad Hemenway.

Here are some items to keep in mind:

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.