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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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law practice management

10 min read

ALPS In Brief Podcast – Episode 24: Train the Brain: Why Lawyer Mindfulness is Good Business

Jeff Bunn, lawyer, wellness expert and owner of the Mindful Law Coaching and Consulting Group, presents the business case for investing in attorney wellness. As he sits down with ALPS Executive Vice President, Chris Newbold, Jeff lays out why...

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2 min read

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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2 min read

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...

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16 min read

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...

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Are women attorneys a better insurance risk?

8 min read

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...

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2 min read

Why You Must Immediately Report a Cyber Claim

It seems that every week, the news reports on yet another company that suffered a cyber breach. Law firms, even small firms, are not immune from...

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12 min read

ALPS In Brief Podcast – Episode 20: Can We Still Trust Photographic Evidence?

We may have reached, “a fairly critical point where traditional photographic evidence just isn’t as reliable as it used to be.” This according to...

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a lawyer is using public wifi despite the cybersecurity threats to his firm by doing so

4 min read

Public Wi-Fi – Should Lawyers Just Say No?

In today’s world, people frequently work outside of their offices. They may be working while visiting a coffee shop, sitting at an airport, staying...

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2 min read

To Plea or Not to Plea?

The decision to avoid trial in a criminal matter and enter into a plea agreement is an important and often difficult choice to make for both the...

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4 min read

Can Lawyers Add Surcharges to Their Bills?

Two quick stories. Years ago, I had a plumbing emergency. The short version is I discovered a broken water line in my kitchen on a Thanksgiving eve....

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4 min read

Managing File Handoffs

Believe it or not, file handoffs can lead to trouble if not properly managed. It doesn’t matter if the handoff is from a partner to an associate,...

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1 min read

The Top 5 Wire Fraud Prevention Tips

1) Wire fraud fraudsters use spoofed email so learn to spot it. Although there are a number of ways to spoof email, it can be as simple as this. The...

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19 min read

ALPS In Brief Podcast - Episode 14: Am I Solving the Right Problem?

Staying relevant. Embracing technology to increase efficiency. Investing the time it takes to improve. Attorney and cultural ambassador at his firm...

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