Websites Can Impact a Law Firm’s Malpractice Insurance Rates
Clients look at websites, other counsel look at websites and - not surprisingly - so do legal malpractice carriers. In fact, they use the sites as a way of verifying that the information contained in a law firm’s applicable for malpractice insurance is accurate and consistent with their marketing statements. According to an article, “The Underwriter Speaks, How Your Professional Liability Insurance Carrier Looks at Law Firm Websites,” published in the January 2011 newsletter from Minnesota Lawyers Mutual Insurance Company, “The website can be a great resource for underwriters to gather data such as lawyer’s bios and avoiding the need to go back to the applicant to obtain the description. It is also not uncommon for underwriters to discover inconsistencies with an application as well as omissions. These discoveries trigger underwriting red flags.” To read the entire article, click here.
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