What Is an Attorney Engagement Letter?
Discover best practices for drafting and using engagement letters to improve client relationships and firm management.| blog.protexurelawyers.com
Discover best practices for drafting and using engagement letters to improve client relationships and firm management.| blog.protexurelawyers.com
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
Whether you are a solo attorney with one support staff or a multi-attorney firm with a large back office, you need certainty that your entire operation is protected. Many firms wonder: do non-attorney personnel increase the cost of legal malpractice (lawyers’ professional liability) insurance?| Protexure Lawyers Blog
Discover how strong communication builds trust, reduces misunderstandings, and helps prevent costly disputes to improve attorney-client satisfaction.| blog.protexurelawyers.com
One of the first steps in preventing a legal malpractice claim is with an engagement letter. Engagement letters are worth the time it may take to develop them because these documents can be the difference between incurring claim-related expenses and avoiding claims altogether.| blog.protexurelawyers.com
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Our best recommendation to reduce the risk of a malpractice claim is to use engagement letters to define the relationship between a law firm and a client| blog.protexurelawyers.com
Running a law practice involves more than just the practice of law, it also includes the administrative work essential to managing a business. Without a case management system, lawyers open themselves up to professional liability risks. But which case management system is right for your law firm?| blog.protexurelawyers.com
Engagement letters are worth the time they take to develop because they can be useful as a risk management tool. The engagement letter is the best place to establish specifically who is your client and who isn't. They can be used to clarify to whom you owe professional responsibility.| blog.protexurelawyers.com
Defining the scope of work in an engagement letter is a difficult task, the key is to specify those things that you can anticipate could be misunderstood.| blog.protexurelawyers.com
Discover what drives the cost of legal malpractice insurance and how choosing CEIL or CEOL coverage can affect your firm’s premiums and liability limits.| blog.protexurelawyers.com
Our goal is to provide attorneys with the latest industry updates and practice management tools. Protexure Lawyers knows how to protect small to mid sized law firms.| 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
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
Learn about the factors influencing the cost of professional liability insurance for lawyers, including practice area and firm size. Discover tips to lower insurance costs and compare providers for the best coverage.| blog.protexurelawyers.com
Step-rate is a pricing structure where the cost of professional liability insurance increases incrementally during the first five years of coverage.| blog.protexurelawyers.com
A claims-made policy provides coverage when a claim is made regardless of when the act occurred, as long as the claim is reported during the policy period.| blog.protexurelawyers.com
When purchasing lawyers' professional liability insurance the cost will be partially based on law firm management and the amount of risk you pose.| blog.protexurelawyers.com
When selecting professional liability insurance for your firm there are a number of limit and deductible options out there and all come with an added cost.| blog.protexurelawyers.com
Ever wondered why your lawyers' professional liability insurance costs what it does? We explore the top 8 factors that influence the cost of insurance.| blog.protexurelawyers.com
Claims expenses outside the limits of liability (CEOL) is a coverage option where the limit of liability will only be applied to actual damages paid.| 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
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
Every lawyer can save on legal malpractice insurance by implementing a central docket system, conflict of interest procedures, engagement letters, and disengagement letters. Each of these strategies make your firm less of a “risk” to insure, therefore, saving you money on your policy.| 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
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
Learn about the cost of professional liability insurance for solo attorneys, coverage options, factors affecting premiums, and how to save on malpractice insurance.| blog.protexurelawyers.com
For busy law firms, chatbots can provide various services that drive conversions, such as answering immediate questions for potential clients and scheduling consultations.| blog.protexurelawyers.com
Wire fraud continues to plague real estate attorneys as cybercriminals target an industry known for large transactions involving many different entities.| blog.protexurelawyers.com
