Lawyers’ Professional Liability Insurance for the Distressed Risk
Fraud, assaults, medical malpractice and other incidents can be costly for lawyers. That’s why many law firms engage in professional liability insurance to protect them from the financial consequences of these events. However, attorneys with this insurance often find themselves burdened with high deductibles and premiums, leading to very high out-of-pocket expenses that can quickly deplete their personal retirement accounts or savings.
That’s why we put together this list of lawyers’ professional liability insurance for the distressed risk. These policies provide significant discounts on premiums but also increase deductibles to make it easier for attorneys to afford them while still providing ample compensation in case something goes wrong.
Consult your financial advisor about which policy is best for you. Also, consider discussing a plan with an umbrella liability company where the full cost of your professional liability insurance can be retained by your firm. This makes it easier for you to deal with difficult issues at a time when you may already be financially strapped.
Please note that we are not offering any legal advice in this article. For legal advice, please consult an attorney licensed in your jurisdiction who is knowledgeable about the laws and regulations applicable to your practice area or situation.
Source: What Lawyers Need to Know About Professional Liability Insurance – Best Lawyers. Richard B. Goodman, Esq.
Legal Exercises
Legal Exercises: Skills for Daily Competence (Lawyers’ Edition) features two sets of direct-to-the-point exercises with the skills needed to face the tasks that lawyers often find themselves juggling, in all areas of law practice—client relations, legal research and writing, litigation, and contracts. It also includes thought provoking sections on professionalism and ethics for attorneys who remain ethical within the bounds of the law.
Legal Exercises: Skills for Daily Competence (Lawyers’ Edition) is published and distributed by the American Bar Association.
The book features a foreword written by a well-known lawyer and legal educator, Gerard F. Corrigan, who serves as the Dean of Rutgers School of Law and Distinguished Professor of Law at Rutgers University. A prominent figure whom The Associated Press has called “the grande dame of legal education” in New York, Corrigan has also served as the President of the New York City Bar Association from 1995 to 1997, President of the National Conference of Commissioners on Uniform State Laws from 1998 to 2002, and Chairperson of the Ethics Committee for the American Bar Association.
"Legal Exercises: Skills for Daily Competence" has been used by law schools and law firms to train their employees in the art of being a lawyer.
Author D. Roderick Moore is a graduate of Harvard Law School and founder of The Moore Firm, P.A. A member of the Board of Governors for the American Bar Association's Forum on the Entertainment and Sports Industries, he currently serves as a consultant to corporations regarding entertainment and sports industries matters while actively practicing in professional negligence litigation, contract formation, drafting and negotiation, dispute resolution, entertainment transactions and counseling regarding corporate compliance with applicable laws. He has been admitted to the U.S. Supreme Court Bar, The Second Circuit Court of Appeals Bar, and several federal and state trial bars.
The book is designed for law school students or attorneys who practice in any area of law.
The book features a foreword written by a well-known lawyer and legal educator, Gerard F. Corrigan, who serves as the Dean of Rutgers School of Law and Distinguished Professor of Law at Rutgers University. A prominent figure whom The Associated Press has called “the grande dame of legal education” in New York, Corrigan has also served as the President of the New York City Bar Association from 1995 to 1997, President of the National Conference of Commissioners on Uniform State Laws from 1998 to 2002, and Chairperson of the Ethics Committee for the American Bar Association.
"Legal Exercises: Skills for Daily Competence" has been used by law schools and law firms to train their employees in the art of being a lawyer.
Author D. Roderick Moore is a graduate of Harvard Law School and founder of The Moore Firm, P.A. A member of the Board of Governors for the American Bar Association's Forum on the Entertainment and Sports Industries, he currently serves as a consultant to corporations regarding entertainment and sports industries matters while actively practicing in professional negligence litigation, contract formation, drafting and negotiation, dispute resolution, entertainment transactions and counseling regarding corporate compliance with applicable laws. He has been admitted to the U.S. Supreme Court Bar, The Second Circuit Court of Appeals Bar, and several federal and state trial bars.
The book is designed for law school students or attorneys who practice in any area of law.
"Legal Exercises: Skills for Daily Competence" is published and distributed by the American Bar Association.
From the publisher: The book is designed for law school students or attorneys who practice in any area of law.
The book features a foreword written by a well-known lawyer and legal educator, Gerard F. Corrigan, who serves as the Dean of Rutgers School of Law and Distinguished Professor of Law at Rutgers University. A prominent figure whom The Associated Press has called “the grande dame of legal education” in New York, Corrigan has also served as the President of the New York City Bar Association from 1995 to 1997, President of the National Conference of Commissioners on Uniform State Laws from 1998 to 2002, and Chairperson of the Ethics Committee for the American Bar Association.
"Legal Exercises: Skills for Daily Competence" has been used by law schools and law firms to train their employees in the art of being a lawyer.
Author D. Roderick Moore is a graduate of Harvard Law School and founder of The Moore Firm, P.A.
Conclusion
Conclusions are very important in both essay writing and contract drafting. You do not want to circumvent the conclusion. You want to save your best points for last because this will be one of the most memorable things that readers will take away from your paper or contract. Give a final statement outlining what you have been discussing.
Appendices are referenced in the body of an agreement but are not included as part of the agreement itself. Appendices may include agreements such as insurance policies, leases, tax certificates and other items related to the subject matter being discussed in an agreement that would be useful for reference but are not essential to such discussion. (See also: Appendix).