There is no question that our economy has been in a weakened state for a lengthy time period, which may impact professional liability claims for lawyers. Virtually all areas of practice for lawyers showed an increase in claims as a result of the 2008-09 recession. 

The CNA Lawyers Allied Vendor Program has identified companies that can help strengthen a law firm’s risk control programs. Some of the tools provided by partners with this program include law practice management, document management, cyber/data/communications security, and more. Click here to learn more in this month’s article.

For lawyers, social media and Internet communications can be wonderful (getting hired), horrible (receiving a negative online review) or interminable (awaiting a response from a government agency). It's all part of a day's work. 

However, social media communications can be much more difficult for clients. Negative posts by an opponent can turn a basic business dispute into a reputational risk. An employment or family law matter may be far more difficult to resolve if old wounds are reopened online. The client's post might even undermine the entire deal or case. 

CNA is proud to add this new webinar series to its list of Lawyer's Professional Liability risk control programs. Offered in live webinar format on four dates throughout 2023, the program is eligible for the full per-attorney premium credit, up to 7.5% per firm. Please visit the registration page or contact your broker for more information.

There’s no denying that employees’ needs have changed over the past few years, and many workers are paying more attention to their benefits and wondering how to stretch their dollars further. Employers will want to offer benefits to meet evolving worker needs shaped by the lingering effects of the COVID-19 pandemic and rising inflation.

This article highlights benefits that are likely to be popular in 2023.

Voluntary Benefits

Cyber security threats and trends can change year over year as technology continues to advance at alarming speeds. As such, it’s critical for organizations to reassess their data protection practices at the start of each new year and make achievable cybersecurity resolutions to help protect themselves from costly breaches. The following are resolutions your company can implement to ensure you don’t become the victim of a cyber crime:

Tax laws can often appear daunting, and even experienced professionals may make mistakes when it comes to meeting compliance deadlines and making tax elections. This month's article highlights specific regulations and examples related to tax election omissions and mistakes and tips for navigating these errors as an attorney.

Click Here for this month's article. 

CNA is proud to add the webinar “From Start to Finish: Managing Risk for the Road Ahead” to its list of lawyers' professional liability risk control programs. The program is eligible for a premium credit. The firm is suitable for a maximum of 7.5% premium credit per policy year if all attorneys participate. If all attorneys do not participate, the firm’s premium credit will be pro‐rated based on the number of attorneys participating. Premium credit is applied for 2 years. This program is available in live webinar format with four dates throughout the year.

Whenever potential damages substantially exceed the insured’s limit of liability, defense counsel needs to be cautious about how settlement negotiations are handled. Click here to read cases in which an attorney’s every action in response to a settlement demand may constitute a rejection if it does not strictly comply with the terms of the demand.

CNA has compiled professional liability Claims data from recent years to analyze trends and provide tips for mitigating the risks associated with legal malpractice claims in plaintiff’s personal injury/property damage.

Click here to download this fact sheet for a rundown of the current trends within the plaintiff’s personal injury/property damage practice area and to learn more about the risk management tips to mitigate and avoid legal malpractice claims.