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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.

IT TAKES COURAGE TO STRIKE OUT ON YOUR OWN.​

WE BELIEVE INSURANCE SHOULD BE THE EASY PART. ​

ALPS First Flight - New Solo Attorney Malpractice Insurance

Affordable insurance for new solo attorneys.

More than any other insurance carrier, ALPS understands the exceptional challenges of the start-up solo firm. Almost 75% of our policyholders are solo attorneys like you. We have seen it all and know firsthand how important malpractice insurance coverage is for your firm. We also know that expenses can be tight. The average malpractice insurance premium for solo attorneys is $2,300. Wouldn’t having affordable premium pricing for your first 3 years be nice?

Designed specifically for new solo attorneys, the ALPS First Flight program provides affordable premium pricing for your first 3 years in practice as long as you meet eligibility requirements.

first-flight-pricing

 

The ALPS First Flight Program is not offered in all states.

 

Are you eligible for First Flight?

  • Are you a new, solo attorney?
  • With no previous experience as a solo practitioner?
  • Have you had 3 or less years of private practice experience?
  • Are you claims-free?
 

Manage Your Risk from Day One

Check Out This Content Created To Help New Solo Attorneys

How to Start a Law Firm Resources

How to Start a Law Firm Resources

Everything you need to know about starting a law firm from the experts in protecting them.

Guide to Purchasing Law Firm Insurance Resources

Guide to Purchasing Insurance

Learn the basics of how to insure the business risks of running your own law practice.

True Cost of Insurance Resource

5 Things That Impact the Cost of Your Insurance

Learn what goes into how much you pay for such an important part of protecting your firm.

Cyber Security Guide Resource

ALPS Guide to Cybersecurity

How to protect yourself and your firm while keeping the hackers at bay. Includes a printable checklist!

Stack of papers and gavel against teal and orange background

Sample Forms & Checklists

Why recreate the wheel? It's easier to get back to work with these sample template forms.

Free Virtual Ethics Risk Assessment (VERA)

Virtual Ethics Risk Assessment (VERA)

This free tool takes less than 20 minutes and provides best practices to implement immediately.

5 Tips to Avoid Recession Related Claims Resource

Tips to Avoid Recession-Related Claims

Get the tools you need today to hopefully avoid a recession-related claim in the future.

ALPS Legal Blog Resources

The ALPS Legal Blog & Resources

Get relevant content to address the unique challenges faced by attorneys today.

ALPS InBrief Podcast Resources

ALPS in Brief Podcast Episodes

Get new ideas and hear the stories that teach valuable risk management (& life) lessons.

Path To Lawyer Wellbeing Podcast Resources

Path to Well-Being in Law Podcast Episodes

Entertaining & conversational, with recognized well-being pioneers in the legal space.


ALPS is Solo Law Firm Insurance Made Easy

Check out reviews from solo attorneys like you

ALPS Legal Blog

Sample our diverse content with these popular posts:

3 min read

Can Lawyers Use Apps Like Venmo, Zelle, or PayPal?

As with so many tech decisions lawyers face, the answer is yes, as long as any associated ethical issues are identified...
7 min read

Why the Use of an Engagement Letter Should Never Be Considered Optional

Engagement letters seem to be one of those documents most lawyers intellectually appreciate the value of but often...
5 min read

Don't Underestimate the Importance of Closure Letters

Over the years, I have found that the use of closure letters varies greatly, not only between firms, but even between...
6 min read

What You Learn at the Office Stays at the Office — A Support Staff Confidentiality Primer

Trust, which is built upon a lawyer’s ethical duty to keep all information relating to the representation of a client...
 

Choosing the right partner to protect your firm shouldn't have to be difficult. With ALPS, you can get some time back in your day to focus on why you got into this business in the first place — helping people.

ALPS is Law Firm Insurance Made Easy