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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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Mark Bassingthwaighte, Risk Manager

Mark Bassingthwaighte, Esq., serves as Risk Manager at ALPS, a leading provider of insurance and risk management solutions for law firms. Since joining ALPS in 1998, Mark has worked with more than 1200 law firms nationwide, helping attorneys identify vulnerabilities, strengthen firm operations, and reduce professional liability risks. He has presented over 700 continuing legal education (CLE) seminars across the United States and written extensively on the topics of risk management, legal ethics, and cyber security. A trusted voice in the legal community, Mark is a member of the State Bar of Montana and the American Bar Association and holds a J.D. from Drake University Law School. His mission is to help attorneys build safer, more resilient practices in a rapidly evolving legal environment.

3 min read

Two Letterhead/Advertising Missteps You Don’t Want to Make

I’ll admit that advertising missteps rarely garner much attention from those who enforce the Rules of Professional Conduct. This shouldn’t be much of a surprise because, truth be told, complaints about what some firm is doing with their advertising...

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7 min read

ALPS In Brief — Episode 43: The Problem Lies with the Culture

ALPS Risk Manager Mark Bassingthwaighte shares two real-world stories of attorneys struggling with behaviors that often lead to malpractice claims....

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19 min read

ALPS In Brief — Episode 42: 5 Things That Blur Your Company’s 2020 Vision

ALPS Risk Manager Mark Bassingthwaighte sits down with ALPS CEO David Bell to discuss David’s past, ALPS future, why every company should have a...

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3 min read

Ethics and Disaster Recovery Planning

The ABA’s issuance of Formal Ethics Opinion 482 in September of 2018 finally made it quite clear. Lawyers have an ethical duty to develop a disaster...

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4 min read

ALPS In Brief — Episode 41: The Perils of Bad Follow Through

In this episode of ALPS In Brief, ALPS Risk Manager Mark Bassingthwaighte shares an insightful story of a dream cruise, a freak accident, and an...

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6 min read

What You Learn at the Office Stays at the Office — A Support Staff Confidentiality Primer

Trust, which is built upon a lawyer’s ethical duty to keep all information relating to the representation of a client confidential, is the hallmark...

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2 min read

Malpractice Insurance Basics: Part 2

Prior Acts Coverage With the short history lesson of Part 1 behind us, we can now start to dig into the basics of malpractice insurance. In order to...

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3 min read

How to Recognize When Rationalizations and Creative Lawyering Aren’t the Answer

I’ve heard all kinds of crazy comments from lawyers over the years. For example, during a CLE event with a state bar’s ethics counsel sitting next...

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2 min read

The Fallacy of Trying to Bring One’s Personal and Professional Lives into Balance

For years so many, myself included, have talked about the importance of trying to find a healthy balance between work life and personal life as a...

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2 min read

There’s Something “Phishy” about Certain Text Messages

For the sake of your clients, I hope you, and every other person who works at your firm, know full well what phishing attacks are and at least the...

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4 min read

Checklists for Closing Your Practice and Winding Up Your Business

Common reasons lawyers close their practices include a medical disability, wanting to retire, a move out-of-state, or a career change. While the...

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2 min read

Why Prioritize Wellness?

It should come as no surprise that wellness has become a front and center topic in recent years, particularly in the legal profession; but I have a...

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14 min read

ALPS In Brief – Episode 38: Empower Your Employees to Make Smart Security Decisions

As an organization or law firm of any size looking to build a cybersecurity plan, your first step should be training your staff — making everyone...

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