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 the 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.
Join the 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.
Course Content
12:00pm - 12:03pmWelcome and Introduction
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
Katherine Land 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
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
Panel
12:30pm - 12:39pm
Mistakes Lawyers Make When They Buy a Policy, Including Tail Policies Upon Retirement or Change of Employment
Panel
12:39pm - 12:48pm
Identifying What Should Be Reported and When to Report Potential Claims to the Insurer
Panel
12:48pm - 12:57pm
Explanation of What Insurance Companies Look for When Underwriters Review LPL Applications and Determine Premium Costs
Panel
Please Note
This webcast is 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.
Speakers
FacultyKatherine Land Kenney, Esq.,
Peabody & Arnold LLP, Boston
Terence J. Welsh,
MBA Insurance Agency, Boston
