Product Description

An unintended result of having a busy practice is the possibility that a client, or someone else, might make a claim against you. Understanding what a Lawyers’ Professional Liability (LPL) Policy does and does not cover is of considerable importance. In addition, it is important to recognize what constitutes a claim or a potential claim which triggers a reporting requirement. Finally, it is important to understand how coverage is affected when a lawyer switches law firms or changes insurance carriers.

Join our experts as we look at the ins and outs of your professional liability insurance policy. Understand the trends in legal malpractice claims in Massachusetts so you can better recognize your risks and coverage.

Agenda & Materials

• 12:00pm - 12:03pm

  Welcome and Introduction

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• 12:03pm - 12:12pm

  Historical Landscape of Malpractice Claims, Overview of Areas of Law Generating Claims, Specific Claim Examples, Including Claims Associated with Engagement Letters, Communication Problems, and COVID-19

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  Katherine L. Kenney, Esq., Peabody & Arnold LLP , Boston
  Terence J. Welsh, MBA Insurance Agency , Boston
  
• 12:12pm - 12:21pm

  Potential Clients and Cases to Avoid and How to Disengage and Whether to Sue for Outstanding Fees

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  Panel
  
• 12:21pm - 12:30pm

  Knowing Your LPL Policy: Identifying Which Claims, Whether Complaints to the Massachusetts Board of Bar Overseers and Subpoena/Deposition Defense Are Covered or Excluded by Your Policy and Who Is Covered by Your Policy

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  Panel
  
• 12:30pm - 12:39pm

  Mistakes Lawyers Make When They Buy a Policy, Including Tail Policies Upon Retirement or Change of Employment

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  Panel
  
• 12:39pm - 12:48pm

  Identifying What Should Be Reported and When to Report Potential Claims to the Insurer

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  Panel
  
• 12:48pm - 12:57pm

  Explanation of What Insurance Companies Look for When Underwriters Review LPL Applications and Determine Premium Costs

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  Panel
  

Please Note

MCLE webcasts are delivered completely online, underscoring their convenience and appeal. There are no published print materials. All written materials are available electronically only. They are posted 24 hours prior to the program and can be accessed, downloaded, or printed from your computer.

Faculty