Managing Your Practice

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So What is Prior Acts Coverage?

Under a claims made and reported policy, an insured would have coverage for any covered malpractice misstep that occurs and is reported during a policy period. The problem, however, is malpractice claims often don’t arise in the same year the actual misstep occurred. Prior acts coverage is what solves the problem.. In order to help [...]

They Don’t Trust You (Yet)

People like to work with people they trust. They get more done. Faster. More efficiently. For a higher good. If you're a leader, you might have an imposed expectation on yourself demanding you always be on, and you always have all the (right) answers. If you're a parent, a spouse, or a friend, you might [...]

By |2018-10-10T14:53:56+00:00October 10th, 2018|Managing Your Practice|0 Comments

Top 5 Law Firm Cyber Security Quick Tips

When I first joined ALPS over 20 years ago, most of my risk management efforts were focused on proper file documentation, calendaring best practices and the like. Things are different today. Now a significant amount of my risk management efforts are focused on trying to help lawyers become as cyber secure as possible. One common [...]

A Decision to Share Office Space Can Be a Great One, Except When It Isn’t.

Some attorneys prefer working in an office share setting. And look, I get it. The reasons for doing so can be compelling. There’s the savings on overhead, the presence of others who can provide personal and professional support, the opportunity for cross referrals, and the list goes on. While I have no desire to quash [...]

Don’t Be a Jerry

Missoula, Montana is home base to ALPS, the largest direct writer of attorney legal malpractice in the nation. Montana is also the home of some of the biggest skiing in the United States. Thus, it seems natural to us to discuss some legal pitfalls we see during the week on the claims desk and illustrate [...]

ALPS In Brief Podcast – Episode 22: Project Rural Practice, Progress and Projections

ALPS Executive Vice President, Chris Newbold, caught up with former State Bar of South Dakota President and business transaction and estate planning attorney, Pat Goetzinger, at the 2018 South Dakota Annual Meeting in Sioux Falls. Pat reflects on an initiative that began under his tenure as Bar President six years ago called Project Rural Practice. (see [...]

Only You Can Prevent Lost Time

60 minutes in an hour. 24 hours in a day. Seven days in a week. Where does time go? Good news… you’re not the first person to struggle with this question! A long, LONG time ago, Marcus Aurelius wrote, "Stop jumping off the track. You don't have time to reread your diaries, or the lives [...]

By |2018-09-06T09:33:40+00:00September 6th, 2018|Attorney Wellness, Managing Your Practice|0 Comments

ALPS In Brief Podcast – Episode 21: Are Women Attorneys a Better Risk?

 In this episode of the ALPS In Brief podcast, ALPS Risk Manager Mark Bassingthwaighte sits down with ALPS Underwriting Manager Leah Gooley to dig a little deeper into ALPS 30+ years of claims experience and what our data is telling us about women attorneys and their lower propensity toward malpractice claims. ALPS In Brief, [...]