Don’t Risk It: Why Even Good Lawyers Need Insurance
As an attorney, you work hard to provide your clients with the best services and advice possible. However, a client who experiences negative outcomes after using your services could present a risk for you. Lawyers professional liability (LPL) insurance is designed to protect you when this happens. Without LPL insurance in place, you could be […]
Read More
5 Tips for Writing for Nonlawyers
A lot of what lawyers write is for other lawyers – briefs, emails and letters all be intended for someone also in the practice of law. There are times, however, when what you write may be intended for nonlawyers. Whether composing social media posts, writing a blog post or even just creating or updating text […]
Read More
Completing the Firm’s Insurance Needs
No big surprise that professional liability insurance is the biggest need for law firms, since it represents the largest exposure for lawyers, as well as other professions like doctors, accountants and architects. For that reason, we will never take our eye off the goal of being the very best professional liability insurer for the Oklahoma […]
Read More
Basic Tips for Building a Law Firm Website
It’s no secret, every business needs a website. If you have the budget, an easy option is for someone else to build it. If you have an even bigger budget, hiring a company to build and manage it is even easier. However, if you don’t have the budget for either of those, you can build […]
Read More
Who Is Covered by Your LPL and How Does That Affect Pricing?
When law firms are reviewing our lawyers professional liability (LPL) insurance policy, we are asked a myriad of questions concerning pricing and coverage. While these subjects are important, they can get very detailed and complicated, so it’s important to have a good understanding of the basics of your LPL policy to better understand who and […]
Read More
PHIL’S CORNER: Impact of COVID-19 on LPL Claims – If Any
Phil’s Corner is a special column from OAMIC’s President & CEO Phil Fraim that is sent in our e-newsletter each month. So far in 2020, claims in our office have been improved both in the number of new matters and the average size of those matters. Is this a false sense of security, the calm […]
Read More
Factors in LPL Pricing
A common question from prospective insureds is how much does coverage cost? That is a tough one for which to craft an answer. As you might imagine, some of it depends upon the limit and, to a lesser degree, the deductible. There are also other factors that have an impact, even if in a smaller […]
Read More
What’s in a Name: Professional Liability, Legal Malpractice, Professional Indemnity, and Errors & Omissions
As a lawyer, you probably know that it’s in your best interest to have insurance in place to cover the legal services you provide. When looking into your insurance options, or even in conversations with other lawyers or professionals, you may have come across these terms: professional liability (PL), errors and omissions (E&O), malpractice and […]
Read More
Photo Use Tips for Law Firms
Our world, especially as it relates to marketing and communicating, is a visual one now. Whether on a website or on your firm’s social media accounts, photos are vital, so below are some tips to help you make the most of the ones you use. Using a Photographer If you don’t have updated headshots and […]
Read More
Remote Work: Risk Management in the Remote Work Environment
The novel COVID-19 pandemic has created new working conditions for most of us. How we work and how we interact with each other has drastically changed over the past months. With new territories comes increased risk, some known and other risks are still unknown. Therefore, it is vital that lawyers continue to take precautions to […]
Read More