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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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Stacey Smith Claims Manager

Stacey K. Smith received her B.A. from Montana State University and her J.D. from Willamette University College of Law. She is a member of the Washington State Bar Association. Prior to joining ALPS in October 1999, Stacey spent over five years litigating major damage cases in both state and federal court. She served on the Washington State Bar Professionalism Committee, the Washington State Bar Court Rules and Procedures Committee and the Washington State Bar Ad Hoc Committee on Civility.

3 min read

3 Examples of Legal Malpractice Causes and Suggested Safeguards

We at ALPS have talked for many years about safeguards to implement to protect your firm (and your clients!) from a potential disaster. Although these will be familiar, they are worth repeating because our Claims Team continues to see claims...

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A lawyer learns his lesson with regards to engagement letters and points at the lesson with his hand

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A Properly Drafted Engagement Letter Can Help Defend Legal Malpractice Claims

At ALPS, we strongly encourage you to use engagement letters — so much so that if a claim is made against you and handled under certain policy forms,...

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Electronic Evidence

Beware the client who brings you electronic recordings! Many or most clients have the ability to video people or record conversations with their...

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Estate Attorneys Beware: Real Examples from the ALPS Claims Files

“Baby Boomers, the generation of people born between 1944 and 1964, are expected to transfer $30 trillion in wealth to younger generations over the...

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Do Attorneys Guarantee Success in Business Transactions?

Does this article’s title make you nervous? It should. With the unfortunate failures of many businesses due to the pandemic, we suspect claims of...

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5 Ways Law Firms Can Get Ahead of COVID-19

An ounce of prevention is worth a pound of cure. We talk a lot about risk management here at ALPS, but what we’re really talking about is prevention...

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What Are They and Why Should Lawyers Bother with Them?

In the Claims world, we love closure letters. Unfortunately, we rarely see them in the files – perhaps that is because attorneys who send closure...

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Things to Consider BEFORE you sign a Tolling Agreement

You are working away in your office when out of the blue, you receive an email or telephone call from an attorney who represents a former client....

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Why You Must Immediately Report a Cyber Claim.

It seems that every week, the news reports on yet another company that suffered a cyber breach. Law firms, even small firms, are not immune from...

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A New Year’s Resolution Worth Keeping – No Suits Against Clients for Fees

You have heard it many times before but it is worth repeating because we are still receiving claims from attorneys who first sued their clients for...

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