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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

3 min read

I Had No Idea My Client Was Going To Do That!

I love a good story, particularly when a valuable lesson can be learned from its telling. Here are two memorable ones. A long-term client reached out to his attorney with a quick question about an airplane he owned. The plane had been under...

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3 min read

25% of Law Firms Have Been Breached

What We Learned in 2021 In December 2021, Dave Ries, a frequent co-presenter with the authors, wrote an excellent summary of the cybersecurity...

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5 min read

Quality Control in the Practice of Law

Back in the 80’s, Wendy’s aired a commercial that has remained a personal favorite and can still bring a smile to my face to this day. Here’s the...

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4 min read

6 Software Patch Management Mistakes (and How to Fix Them)

This blog post is in partnership with LMG Security. With professional hackers and cybersecurity criminals posing a constant threat to law firms...

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3 min read

6 Aspects of Attorney Departure Every Firm Must Know

A number of books have been written on the topic of attorney departure, many of which provide a plethora of valuable information on everything from...

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8 min read

ALPS In Brief – Episode 61: A Dirty Little Secret About Conflict Resolution Claims

ALPS Risk Manager Mark Bassingthwaighte shares the illuminating story of a law firm, their longstanding wealthy client who couldn’t close the deal...

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3 min read

How To Address The Shadow IT Problem

What is shadow IT? Let me start with a story I heard recently. A law firm had in place a written policy that set forth a list of approved services,...

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3 min read

Insider Threats: How to Reduce the Risks From Within Your Organization

This blog post is in partnership with LMG Security. With professional hackers and cybersecurity criminals posing a constant threat to law firms big...

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6 min read

The Risks That Come with Serving on a Corporate Board

Underwriters in the legal malpractice insurance space often exercise caution when reviewing applications of firms that have one or more attorneys...

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4 min read

Why It’s Important To Keep Your Emotions In Check After Learning a Malpractice Claim Is In The Works

It’s quite normal for an attorney to have an emotional response after learning a malpractice claim is on the way. Problems arise, however, if the...

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4 min read

Are You Giving Your Clients Non-Verbal Cues About Your Competency as a Lawyer?

The number of times I’ve observed or heard about a problematic nonverbal interaction with a client (to which the involved lawyer or staff member was...

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11 min read

ALPS In Brief - Episode 58: The Vera Project

Mark Bassingthwaighte: Hello, I’m Mark Bassingthwaighte, the risk manager here at ALPS. And welcome to another episode of ALPS In Brief, the...

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