I Only Take Small Cases. Do I Really Need E&O Insurance?

I Only Take Small Cases. Do I Really Need E&O Insurance?

As a new attorney or a small practitioner, you may wonder if the protection of professional liability insurance is worth the price. Even if you’re only practicing law part time, are only taking small cases, or are working for a small startup business, your best bet is to carry E&O insurance.

What Should I Know About My E&O Policy Limits?

What Should I Know About My E&O Policy Limits?

Having an errors and omissions insurance policy from the very moment you begin practicing law is the best way to protect yourself against professional liability issues throughout your career. Not all policies are the same, however. Before you purchase a policy, ask the following questions.

Do You Have Gaps in Your Accounting Malpractice Insurance?

Do You Have Gaps in Your Accounting Malpractice Insurance?

It’s great to have professional liability insurance that covers your day-to-day work, and if you’re settled at a firm that provides coverage, you may feel like you’re safe and protected.

Do You Have Gaps in Your Legal Malpractice Insurance?

Do You Have Gaps in Your Legal Malpractice Insurance?

It’s great to have professional liability insurance that covers your day-to-day work, and if you’re settled at a firm that provides coverage, you may feel like you’re safe and protected. Nowadays, however, attorneys’ careers are more portable and flexible than ever. Maybe you did a few years of contract work before you joined a firm; maybe you still do some pro bono or other extra work on the side. As your practice changes over time, your coverage needs change, too. Do you know if you’re covered now for all the work you do or have done?

Starting Your Own Firm: What to Know About E&O Insurance

Starting Your Own Firm: What to Know About E&O Insurance

Starting your own firm is a big step in your legal career. With all the start-up costs and decisions, there may be an impulse to defer purchases that you consider non-essential. Professional liability insurance shouldn't be one of those.

Will My Legal Malpractice Insurance Cover Work I Do On The Side?

Will My Legal Malpractice Insurance Cover Work I Do On The Side?

If you’re already covered by legal malpractice insurance, you’re on the right track. Having professional liability insurance in place from the very beginning of your legal practice provides valuable protection for your reputation, your livelihood, and your assets. If you do legal work for more than a single firm, however, it’s important to ensure that all of the work you do is covered. Even after you purchase E&O insurance, holes in your coverage can leave you vulnerable to potentially catastrophic financial losses.

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