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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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insurance for law firms

3 min read

Engagement Letters Matter

Could there be a better time than spring to think about engagement letters?! The birds are singing, the flowers are out, the sun is shining, and it’s the perfect time to clean up those client files and make sure you’ve got all your ducks in a row....

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9 min read

ALPS In Brief Podcast - Episode 10: Why is mandatory malpractice insurance gaining ground?

ALPS Executive Vice President, Chris Newbold, recently sat down with Doug Ende, the Chief Disciplinary Counsel at the Washington State Bar...

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1 min read

Inside vs Outside Limits in 2 Minutes

If you’ve ever wondered what the difference is between inside and outside limits for legal malpractice insurance, ALPS Business Development...

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4 min read

Help Us Help You!! Keep A Complete Copy of Every File

“I did not keep a copy of my file.” … Those are some of the most tragic and disappointing words I can hear from an Insured as we are discussing the...

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8 min read

ALPS In Brief Podcast - Episode 8: Cyber Coverage 2.0

There are two types of businesses – those that have been hacked and those that don’t know they’ve been hacked. This may sound like hyperbole, but...

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5 min read

Understanding Tail Coverage

To this day I still get the occasional call from an attorney wanting to know how to go about purchasing a tail policy and my response is always the...

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2 min read

A New Year’s Resolution Worth Keeping – No Suits Against Clients for Fees

You have heard it many times before but it is worth repeating because we are still receiving claims from attorneys who first sued their clients for...

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8 min read

ALPS In Brief Podcast-Episode 5: What's your speed? 3 new policies to fit your needs.

ALPS is rolling out three new policy forms this year, offering legal malpractice insurance coverage options to fit your firm’s needs. No one is...

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1 min read

Knock. Knock. Who's There? Coverage for Subpoena Assistance

It’s Friday the 13th, or any other day of the month for that matter, and your local process server appears at your door with a subpoena for your...

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3 min read

Working With a Direct Writer

Many times friends or colleagues outside of ALPS ask me, “What’s the hardest part of your job?” A lot of people assume that it’s really hard talking...

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5 min read

ALPS In Brief Podcast-Episode 2: Insurance as an Investment, Not Just a Line Item

Mark sits down with Julie Patterson, a longtime ALPS Business Development Representative, bringing with her two decades of experience helping law...

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6 min read

ALPS In Brief Podcast-Episode 1: A Cyber Breach - It’s Not If, It’s When.

ALPS In Brief, The ALPS Risk Management Podcast, is hosted by ALPS Risk Manager, Mark Bassingthwaighte. While in Missoula, Libby Benet, U.S. Lead...

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2 min read

Ask an Expert: Why Legal Malpractice Insurance Costs Go Up Every Year

DEAR INSURANCE CARRIER: I am a sole practitioner who started a law firm a couple of years ago. I have been claims free, yet my legal malpractice...

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