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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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solo and small firm resources

Yes, you! Everything you want to know about setting up your small firm for success, managing the billable hour (along with everything else!), customizable resources, and how-tos so you can fill in the blanks without missing a beat.

ALPS In Brief Podcast - Episode 88: Bar Partnerships Creating Value and Community with Bob Paolini

10 min read

ALPS In Brief Podcast - Episode 88: The Value and Community of Bar Partnerships ft. Bob Paolini of VT

In this mini episode of ALPS In Brief, our Bar & Affinity Partner Strategist Rio Peterson sits down with Bob Paolini, Executive Director at the Vermont Bar Association to discuss the importance of bar partnerships, how they create value for...

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Law firm coverage options can vary just like umbrellas! Make sure you choose the prior acts coverages that make sense for your law firm.

2 min read

A Primer on Prior Acts Coverage for the Solo and Small Firm Attorney

What is Prior Acts Coverage? Prior acts coverage (PAC) is a feature of claims-made malpractice insurance policies. Its purpose is to provide...

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a little gift of pro bono work can go a long way

4 min read

Is It Risky to Agree to Do Pro Bono Work?

If you're hesitant to do pro bono work based upon a belief that this type of work is risky, I'm here to say "not necessarily!" To understand why,...

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Attorney moonlighting

3 min read

For Lawyers, Is Moonlighting Worth It?

To take a side job or not to take a side job ... truth be told, the answer to this question is one where reasonable minds can see things differently....

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Lawyer relaxing at desk

3 min read

Why You Never Want to Set the Comfort Trap

My experience consulting over the years with thousands of attorneys who practice in firms of all shapes and sizes across the U.S. has taught me that...

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Lawyer greeting a new client.

5 min read

How to Build and Maintain Effective Attorney-Client Relationships

A number of years ago I had an interesting conversation with a lawyer who had missed a statute of limitations filing deadline on a significant...

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Lawyer realizing her firm is failing

5 min read

5 Reasons Solo Firms Fail

While law firms of all shapes and sizes can fail for any number of reasons, in my experience as a risk manager, there are a few reasons that solo law...

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Confused Lawyer

4 min read

How in the World Can You Not Know Who Your Client Is?

From time to time, I get involved in conversations with lawyers who have called in with a question or concern, and as we talk through the situation,...

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A lawyer  sits on the floor applying for malpractice insurance online

4 min read

What You Need to Know Before Applying for Your 1st Malpractice Insurance Policy

Here at ALPS, we do try our absolute best to make sure the application process is as seamless and convenient as possible. That said, if you have a...

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A yellow lab and a black lab carrying a gavel together

2 min read

New Hampshire Bar Association endorses ALPS Insurance

We are thrilled to announce that as of December 1st, 2023, The New Hampshire Bar Association (NHBA) has named ALPS Insurance as an endorsed provider...

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Lawyers engaged in conflict resolution

3 min read

Why It’s Important to Have Attorney Accountability Built Into Your Firm’s Conflict Checking Process

What happens in your firm if there’s a hit during a conflicts check? Hopefully, the conflict concern is immediately brought to the attention of the...

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