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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

9 min read

ALPS In Brief Podcast - Episode 13: Protecting the Public

While he was facilitating the State Bar of Nevada Strategic Planning, ALPS Executive Vice President Chris Newbold, also had the opportunity to sit down with Gene Leverty, Bar President. Nevada is contemplating requiring mandatory malpractice...

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11 min read

ALPS In Brief Podcast - Episode 11: Where Legal Tech is Heading

If you are not already aware, ALPS proudly partners with Clio, the easy-to-use cloud-based law practice management software company with over...

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4 min read

The Defining Moment of a Malpractice Claim

As a risk manager for the past 20 years, I’ve had more conversations with lawyers than I can keep track of and that were about more topics than I...

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9 min read

ALPS In Brief Podcast - Episode 10: Why is mandatory malpractice insurance gaining ground?

ALPS Executive Vice President, Chris Newbold, recently sat down with Doug Ende, the Chief Disciplinary Counsel at the Washington State Bar...

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10 min read

ALPS In Brief Podcast - Episode 7: We Can All Use A Champion

ALPS, a professional liability insurance provider, interviewed me about why it is so important for lawyers to find and to be champions. The...

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5 min read

Understanding Tail Coverage

To this day I still get the occasional call from an attorney wanting to know how to go about purchasing a tail policy and my response is always the...

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8 min read

ALPS In Brief Podcast - Episode 6: Pursue the ‘Why’ Intentionally.

Last week the ALPS team gathered for a discussion about the company’s vision this year and beyond. Afterwards Mark sat down with ALPS CEO, David...

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2 min read

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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1 min read

Be Nice: Lawyer to Lawyer Communication

We all know that clients can be difficult at times. But do lawyers have to be difficult too? Here are a few reminders about what not to do when...

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1 min read

Does Your Law Firm Need Cyber Coverage?

The short answer is yes. The common thought most law firms have is, “I’m too small a fish to worry about being hacked . . . there are bigger fish to...

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4 min read

How To Minimize The Risk Of Becoming A Victim Of Wire Fraud

Updated 07/2023 Lawyers remain a high-profile target for scammers hoping to get away with wire fraud and the attack vectors they are using continue...

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4 min read

How To Prepare For A Meaningful Law Career

I continue to be quite concerned about how we got to this point (my 50th year in the legal profession and my 30th year providing career advice to...

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