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
Self-audits for lawyers are a proactive way to uncover compliance gaps, improve firm operations, and reduce malpractice risk before problems arise.| blog.protexurelawyers.com
In a profession built on precision, diligence, and trust, lawyers often believe avoiding errors is simply a matter of good practice. But no matter how cautious or experienced you are, risk is part of the job. Malpractice insurance for lawyers is not just a financial safeguard; it is essential protection against the unpredictable realities of legal work. Practicing law involves interpreting complex regulations, managing deadlines, and offering advice that can alter the course of someone’s ...| Protexure Lawyers Blog
Learn how hybrid work for law firms balances flexibility, productivity, and risk. Discover strategies to protect your firm while attracting talent and supporting long-term success.| 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
Learn why understanding limits of liability is essential for professionals facing legal risk. Explore how policy structures, deductibles, and claims expenses impact your financial protection.| blog.protexurelawyers.com
Step rate is a pricing system used in professional liability insurance where premiums increase over time. Learn how this affects law firms and how to manage premium increases effectively.| blog.protexurelawyers.com
Discover best practices for drafting and using engagement letters to improve client relationships and firm management.| blog.protexurelawyers.com
Discover how augmented reality presentations are transforming legal practices by enhancing evidence and improving jury comprehension in courtrooms.| blog.protexurelawyers.com
Discover key legal trends for 2025, including AI, cybersecurity, mental health, and law firm growth. Prepare for the evolving legal landscape.| blog.protexurelawyers.com