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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.

15 min read

ALPS In Brief Podcast — Episode 29: Falling in Love with the Cloud

On this special Valentine’s Day episode of ALPS In Brief, Mark sits down with Joshua Lenon, lawyer in residence and data protection officer for Clio, to hear firsthand how cloud products can make your law practice more secure and efficient. Fall...

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4 min read

Since the Aging Process Never Stops, the Day Will Come When…

In the middle of a conversation with one of our insureds on the topic of the difficulty of learning to say no, the fine gentleman I was conversing...

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10 min read

ALPS In Brief Podcast – Episode 28: Making Healthy Goals into Realities

When our behaviors become destructive and start to negatively impact our health or relationships, we’re motivated to make a change, but change is...

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2 min read

Lawyer Advertising, Ethics, and Geo-fencing

In the good old days, plaintiff lawyers hoping to find a few new clients would place ads on billboards located near hospitals. From an ethical...

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7 min read

ALPS In Brief Podcast – Episode 27: Adding Wellness to Your Workplace Every Day

Start the new year off on the right foot, or the left foot. Incorporating wellness into your everyday workplace routine can be as easy as putting...

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2 min read

Data Security and All the Other Lawyers

During a presentation at the ABA’s 44th National Conference of Professional Responsibility last year, a CLE panelist threw out the following. Given...

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3 min read

The False Sense of Security that Comes with Redundant Calendaring Systems

(Updated March 2024) In my experience, almost all lawyers have redundant calendars in place. Often there’s a primary master calendar and some sort...

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11 min read

ALPS In Brief Podcast – Episode 25: Avoiding Claims – 6 Practices Every Lawyer Should Implement

In this episode of the ALPS in Brief podcast, ALPS claims attorney Kobi Gibbs sits down with ALPS Risk Manager Mark Bassingthwaighte to offer...

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2 min read

When The Client Wants Your File Too

You’ve given it your all and your client has been pleased with how the matter progressed. However, now that things are wrapping up, this client...

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Attorney wearing a red sweater writing a letter.

2 min read

Disengagement Letters Verses Letters of Closure - Two Sides of the Same Coin

Client relationships can end for any one of a number of reasons, to include a matter has been resolved, the client no longer wishes to proceed, or...

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1 min read

Why Would A Small Law Firm Be An Attractive Target For A Cyber Criminal?

Regardless of size, any and every law firm is an attractive target for a cyber criminal. Think about it. Law firms serve clients of all shapes and...

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2 min read

So What is Prior Acts Coverage?

Under a claims made and reported policy, an insured would have coverage for any covered malpractice misstep that occurs and is reported during a...

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3 min read

When Facing a Malpractice Claim, Please Try Not To Make Things Worse Than They Already Are.

For over 27 years now, I have worked for an insurance company that insures lawyers for their malpractice. Trust me when I say I get it. There are...

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