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Controlling Costs of Legal Malpractice Insurance

 

Understand the basics of legal malpractice insurance and what you are paying for when purchasing insurance.

Legal malpractice insurance is a significant expense for any law firm, and for good reason. Most law firms understand that when claims arise, they do not want to be left unprotected or with insufficient insurance. But too often, law firms believe that insurance is one size fits all or that there is nothing that can be done about the high premiums paid for their insurance. This topic will provide a background on the key drivers of insurance premiums and provide tips for reducing the cost of legal malpractice insurance while still ensuring that the law firm has the insurance it needs. This includes suggestions that not only impact insurance but that help improve the health of the firm as a whole. This information will help you understand the basics of legal malpractice insurance and what you are paying for when purchasing insurance year after year.

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Controlling Costs of Legal Malpractice Insurance

Agenda

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Controlling Costs of Legal Malpractice Insurance

Faculty

Alanna Clair

Alanna Clair

Dentons

  • Attorney at Dentons US LLP in Washington, D.C.
  • Practices in professional liability and law firm defense, as well as commercial litigation and insurance
  • Co-author of Georgia Legal Malpractice Law, 2020, and The Lawyer’s Handbook: Ethics Compliance and Claim Avoidance, 2013, published by American Lawyer Media
  • Frequent writer and lecturer on issues of attorney ethics, legal malpractice, and claim avoidance
  • Capital Pro Bono Honor Roll, 2011-present
  • Graduate, Wellesley College and The University of Michigan Law School
  • Can be contacted at [email protected]
Craig Giometti

Craig Giometti

Dentons

  • Attorney at Dentons US LLP in Washington, D.C.
  • Practices in professional liability and law firm defense, as well as commercial litigation and insurance
  • Writes articles on issues of attorney ethics, legal malpractice, and claim avoidance
  • Graduate, University of Illinois (undergraduate and law school)
  • Can be contacted at [email protected]
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Controlling Costs of Legal Malpractice Insurance

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