Law firm offers risk management platform to small practices
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Law firm Hinshaw & Culbertson LLP said Tuesday it is partnering with 14 malpractice insurers to expand its risk management advice and services in a program designed for solo attorneys and small practices.
The Chicago-based law firm said in a statement that its LayeringLaw.com risk management platform is being offered to firms who are insured by the participating malpractice insurers.
LawyeringLaw.com was designed to fill the gap for solo and small law firms that do not have a general counsel or internal risk management resources, Hinshaw partner Noah Fielder said in a statement. He said these firms are particularly vulnerable to ethics and malpractice issues.
Resources provided by the program include ethics opinions, state specific materials, sample law firm policies and checklists and targeted information in areas such as cyber risk, according to the statement.
A broker survey issued in May found legal malpractice insurers are seeing a host of “ominous” developments involving claims, most significantly an increase in claim severity.
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Legal malpractice claim severity increasing: Broker survey
Legal malpractice insurers are seeing a host of “ominous” developments involving claims, most significantly an increase in claim severity, says a broker survey.
