Understanding Your Lawyers' Professional Liability Insurance Policy
Explore malpractice trends in Massachusetts and coverages afforded by your LPL policy
- Product Number: 2230155P01
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CLE Credits, earn up to:
1 substantive credits, 0 ethics credits CLE Credit Note -
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$145.00; Members $130.50; New Lawyers $72.50
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Product Description
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.
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Agenda
Agenda & Materials
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12:00pm - 12:03pm
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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
on demand video Add to CartKatherine L. Kenney, Esq., Peabody & Arnold LLP , Boston
Terence J. Welsh, MBA Insurance Agency , Boston
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12:12pm - 12:21pm
Potential Clients and Cases to Avoid and How to Disengage and Whether to Sue for Outstanding Fees
on demand video Add to CartPanel
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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
on demand video Add to CartPanel
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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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12:39pm - 12:48pm
Identifying What Should Be Reported and When to Report Potential Claims to the Insurer
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12:48pm - 12:57pm
Explanation of What Insurance Companies Look for When Underwriters Review LPL Applications and Determine Premium Costs
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- Faculty