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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

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 completely oblivious) probably wouldn’t surprise anyone. After all, who hasn’t walked away from an...

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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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5 min read

What Lawyers Should Be Thinking About before Entering into an of Counsel Relationship

The term “of counsel” has multiple meanings. It has been used as an honorary designation for retired partners, a special designation for firm...

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3 min read

Why Don't Malpractice Policies Typically Cover Consulting Work? Understanding the Ancillary Services Coverage Concern

Market forces drive change and, at times, even bring about innovation. So, in response, when a lawyer or firm decides to adjust the business model...

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2 min read

What Lawyers Need to Know About Amazon Sidewalk

Call me crazy, but I simply don’t trust that Big Tech has my best interests at heart with everything they do. In fact, I think it’s quite the...

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1 min read

Debut Demo of the first-of-its-kind Virtual Ethics Risk Assessment at the ABA’s 46th Annual National Conference on Professional Responsibility

Missoula, Montana, June 3, 2021 —ALPS, the nation’s largest direct writer of lawyers’ malpractice insurance, today launched a free virtual resource...

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2 min read

Why Documenting What You’re Not Retained to Do Can Be Important Too

In my experience, too many lawyers appear to be quite comfortable running with an assumption that their client’s understanding of what the scope of...

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3 min read

Buying Insurance For A House Already On Fire

On February 23, 2021, the Montana Supreme Court issued an opinion delivered by Justice Laurie McKinnon in ALPS Prop. & Cas. Ins. Co. v. Keller,...

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3 min read

Why It’s Worthwhile to Look for the Learning with Problem Clients

When it comes to problem clients, we all have a story or two to share; but what if it becomes more than that? What if a lawyer comes to realize that...

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1 min read

A Malpractice Avoidance Checklist

If you were to collect everything I (and many others like me) have written on risk management for lawyers, I suspect the collection would fill a...

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8 min read

To Arbitrate or Not To Arbitrate? That Is the Question

Many states permit lawyers to include in their engagement agreements arbitration provisions which would require potential clients to arbitrate...

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2 min read

Why There is No Such Thing as a New Normal

I’ve been telecommuting for over a decade now, so when a COVID-19 stay at home order finally made its way to Montana, not much changed for me...

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10 min read

ALPS In Brief – Episode 55: Estate Planning Gone Wrong

In this episode of the ALPS In Brief podcast, Mark Bassingthwaighte offers some insights in the arena of estate planning that are commonly...

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