This comprehensive guide breaks down how step rate pricing affects professional liability insurance and offers practical insights to help law firms manage rising premiums over time.| blog.protexurelawyers.com
For attorneys managing risk, knowing what a claims-made policy is can make all the difference when protecting your firm from legal malpractice claims. This type of policy is common in professional liability insurance, yet it is often misunderstood—especially when comparing it to occurrence-based coverage. This blog breaks down how claims-made policies work, their advantages and risks, and what happens if coverage lapses—especially for solo and small-firm attorneys planning their retirem...| Protexure Lawyers Blog
Risk management for law firms requires proactive policies, consistent monitoring, and the right insurance to reduce liability and protect your practice.| blog.protexurelawyers.com
One of the most important distinctions to understand when purchasing professional liability insurance is admitted vs non-admitted insurance. This classification can affect everything from how your policy is regulated to how claims are handled during insolvency. If you are unsure what these terms mean, or why they matter when choosing a policy, you are not alone. This guide breaks down the differences, advantages, and drawbacks of admitted and non-admitted carriers—so you can make an infor...| Protexure Lawyers Blog
Legal malpractice claims can damage your finances, reputation, and license—learn how to recognize, report, and reduce risk with the right protections.| blog.protexurelawyers.com
The American Bar Association (ABA) estimates 80% of attorneys will defend against a malpractice claim at some point in their careers. And small or solo firms are disproportionately targeted, with 70% of all malpractice suits aimed at firms with five or fewer attorneys. That is why legal malpractice insurance is critical for small and solo firms, even though it is not strictly required in most states.| Protexure Lawyers Blog
The Corporate Transparency Act (CTA), effective January 1, 2024, has reshaped the regulatory landscape for small businesses in the U.S., and law firms are not exempt from its impact. While aimed at curbing illicit finance, the CTA for law firms introduces new responsibilities, raises ethical questions, and brings substantial penalties for non-compliance. Let us unpack what the CTA is, why it exists, the controversies it has sparked, and what it means for attorneys and their clients.| Protexure Lawyers Blog
Learn why malpractice insurance for lawyers is essential to protect your firm from costly legal claims, safeguard your reputation, and ensure peace of mind for you and your clients.| blog.protexurelawyers.com
Learn how the Corporate Transparency Act (CTA) affects law firms in 2025. Explore reporting duties, applicant risks, and how to protect your firm from legal exposure.| blog.protexurelawyers.com
This comprehensive guide breaks down how step rate pricing affects professional liability insurance and offers practical insights to help law firms manage rising premiums over time.| blog.protexurelawyers.com
