Comments on: Where Do You Go When You Need Insurance?

By: John

John — Mon, 12 Nov 2012 05:48:20 +0000

We can quibble about premium payment details and such (Oregon’s PLF payment plan is horrible for new private practice attorneys, as even the 40% discounted premium is brutal, and they charge a LAN-shark-worthy $100 fee PER installment if you break it into quarterly payments), but the underlying mandatory professional liability insurance program is sound.

Young, assetless lawyers with licenses but no plf are a real threat to the public.

If you’re going to bar entry to the profession by requiring licenses and then enforce UPL laws, the tradeoff is an obligation on the part of the bar to ensure that any lawyer benefitting from the guild system created thereby carries enough insurance to make most malpractice claims recoverable.

We make every driver carry insurance, and the average new driver is a better driver than the average new lawyer is a lawyer.

By: Suzanne Meehle

Suzanne Meehle — Thu, 08 Nov 2012 15:41:27 +0000

On the issue of whether a newly-minted solo should get PLI right away: Keep in mind that some insurers won’t insure you – or will charge you a ridiculous rate – if you have a gap in coverage. One more thing to consider when making that decision.

By: Tammy Heffernan

Tammy Heffernan — Thu, 08 Nov 2012 14:31:13 +0000

Susan, I am insured by ALPS and I have attended several of their seminars which are on point for today’s legal community and very informative. Good choice.