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New California Legal Professional Liability Insurance Disclosure Rule

The Supreme Court of California entered an Order adopting new Rule of Professional Conduct 3-410 effective January 1, 2010. The legal malpractice insurance team at Attorney-Protect are here to help you procure, maintain and protect your coverage.

FOR IMMEDIATE RELEASE

PRLog (Press Release) - Sep 09, 2009 -
On August 26, 2009, the Supreme Court of California entered an Order adopting new Rule of Professional Conduct effective January 1, 2010.  The legal malpractice insurance team at Attorney-Protect is working with new and established legal professionals affected by the new Rule of Professional Conduct 3-410 (https://www.abanet.org/cpr/adopting.pdf).  This new rule has two essential components: (1) a written disclosure requirement for lawyers to provide clients when the lawyer does not carry legal malpractice insurance, and (2) an additional obligation for lawyers to inform current clients if they lose coverage in the middle of their engagement with the client.  

There is good news for lawyers looking for new coverage: there are many markets offering legal malpractice insurance coverage in the marketplace today and competition among insurers is strong.  Less known and potentially even more important, there are a number of things you can do now to protect yourself and your firm from a drastic change in your coverage renewal or even mid-term.

Insurance is not complicated, it requires some planning, marketing strategy and management to ensure that you get the best results year after year.  Regrettably, too many legal professionals and others do the bare minimum with respect to their coverage and are too often dismayed when something does not go their way.  Are you one of them?

Our team is ready to work with legal professionals and law firms of all sizes to thoroughly evaluate their loss exposures, review their past coverage obstacles, come up with a cost effective strategies going forward and stand with our insureds to ensure that their coverage is stable for some time in the future.

For more information about legal malpractice insurance for attorneys and steps you can take to improve your coverage and minimize your cost, contact Bill Yates or Cary White at Presidio Point Insurance Services or look at our website at http://www.legalmalpracticeinsuranceservices.com.  You may also contact us toll free at 1-800-355-1204.

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Legal Malpractice Insurance Services for all lawyers & law firms: Legal Malpractice Insurance Quotes, Legal Malpractice Insurance Forms, Legal Malpractice Insurance Articles, Legal Malpractice Insurance Resources, Legal Malpractice Insurance Blog

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Contact Email:
***@presidiopoint.com Email Verified
Source:Cary White, President, Presidio Point Ins Svcs
Phone:800-355-1204 x 901
Fax:866-384-9486
Address:1750 Montgomery Street, Suite 100
:PO Box 29606
Zip:94129-0606
City/Town:San Francisco
State/Province:California
Country:United States
Industry:Insurance, Legal, Finance
Tags:, , , , rule 3-410, ,
Last Updated:Sep 09, 2009
Shortcut:http://prlog.org/10337387
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