Law firms face a constant risk of legal malpractice claims. Malpractice-insurance data indicate that such claims are not uncommon: one frequently cited estimate suggests that approximately 1% to 2.6% of lawyers face a malpractice claim in any given year.

As artificial intelligence (“AI”) becomes more integrated into legal practice, lawyers must exercise care to use these tools responsibly and in full compliance with their ethical duties set forth in the rules of professional conduct.

It is estimated that the Baby Boomer generation will transfer more than $120 trillion to succeeding generations. This so-called “Great Wealth Transfer” will reverberate in the will, trust, and estate area of practice for years to come. Liability exposure risks for will, trust, and estate area lawyers accompany this staggering amount of money.

Switching legal malpractice insurance carriers may seem like a routine administrative decision, but it requires proper handling to protect the law firm’s interests. Under a typical claims-made lawyers professional liability (“LPL”) policy, attorneys are required to report known claims and potential claims to their current insurer within the policy period.

Old Republic Lawyers Specialty Insurance (ORLSI) partners with Gilsbar as its exclusive administrator for the following 11 states: Alabama, Florida, Georgia, Kansas, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, Tennessee, and Texas.

You may have heard that cybersecurity insurance is a non-negotiable form of coverage for law firms. But many attorneys still ask an important question: How much cyber insurance do I need?

The Louisiana State Bar Association (LSBA) has selected Old Republic Lawyers Specialty Insurance (ORLSI) as its endorsed lawyers malpractice insurance provider.

Although a legal malpractice lawsuit is hard to win, clients will not hesitate to sue if they feel your service wasn’t up to par. Things like missing filing deadlines, skipping court dates, or making an agreement without client approval can set you up for a professional liability claim.

AI and GAI are largely now unavoidable in the practice of law. Lawyers must therefore grapple with the ethical implications when using it while practicing law.

There's a growing number of actions filed against law firms stemming from data breaches or cyberattacks. Learn about individual and firm responsibilities related to these exposures.