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Insurance Glossary

The world of insurance for law firms can be confusing, and difficult to navigate. We've created this glossary because these common insurance terms should be easy to understand.

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Mark Bassingthwaighte, Risk Manager

Since 1998, Mark Bassingthwaighte, Esq. has been a Risk Manager with ALPS, an attorney’s professional liability insurance carrier. In his tenure with the company, Mr. Bassingthwaighte has conducted over 1200 law firm risk management assessment visits, presented over 600 continuing legal education seminars throughout the United States, and written extensively on risk management, ethics, and technology. Mr. Bassingthwaighte is a member of the State Bar of Montana as well as the American Bar Association where he currently sits on the ABA Center for Professional Responsibility’s Conference Planning Committee. He received his J.D. from Drake University Law School.

2 min read

Data Security and All the Other Lawyers

During a presentation at the ABA’s 44th National Conference of Professional Responsibility last year, a CLE panelist threw out the following. Given that a lawyer has an ethical duty to verify that any vendor a firm works with has in place...

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2 min read

When It Comes to Civility, JFK Got It Right!

An invitation to speak on the topic of lawyer civility came my way recently and two things about the request caught me a bit off guard. One was that...

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3 min read

The False Sense of Security that Comes with Redundant Calendaring Systems

(Updated March 2024) In my experience, almost all lawyers have redundant calendars in place. Often there’s a primary master calendar and some sort...

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Vishing – An Old Scam with a New Twist

Criminals have been using phones to try to scam people out of money or into disclosing personal information for years and they have tended to find...

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11 min read

ALPS In Brief Podcast – Episode 25: Avoiding Claims – 6 Practices Every Lawyer Should Implement

In this episode of the ALPS in Brief podcast, ALPS claims attorney Kobi Gibbs sits down with ALPS Risk Manager Mark Bassingthwaighte to offer...

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2 min read

When The Client Wants Your File Too

You’ve given it your all and your client has been pleased with how the matter progressed. However, now that things are wrapping up, this client...

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Disengagement Letters Verses Letters of Closure - Two Sides of the Same Coin

Some may view this as me being nitpicky, but there is a difference between disengagement letters and letters of closure. Yes, while both serve to...

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1 min read

Why Would A Small Law Firm Be An Attractive Target For A Cyber Criminal?

Regardless of size, any and every law firm is an attractive target for a cyber criminal. Think about it. Law firms serve clients of all shapes and...

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Cyber Security Month Round Up

October is National Cyber Security Awareness Month. To get you on the right track, we’ve pulled together our favorite cyber-related podcasts from...

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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...

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3 min read

When Facing a Malpractice Claim, Please Try Not To Make Things Worse Than They Already Are.

For over 20 years now, I have worked for an insurance company that insures lawyers for their malpractice. Trust me when I say I get it. There are...

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2 min read

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...

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7 min read

ALPS In Brief Podcast – Episode 23: Have You Talked to Nancy Yet?

At ALPS we talk a lot about what makes us different. We can say with confidence that it is because we recognize our people as our greatest asset....

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