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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.

19 min read

ALPS In Brief – Episode 66: Saying ”Hell Yes” with Megan Hottman

Transcript: MARK BASSINGTHWAIGHTE: Hello, I’m Mark Bassingthwaighte, the Risk Manager here at ALPS, and welcome to the latest episode of ALPS In Brief, the podcast that comes to you from the historic Florence Building...

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4 min read

Is It Okay For a Lawyer to Text with Clients?

Is it okay for a lawyer to text with clients? This question is one that keeps coming up. The short answer is yes; but just because you can do...

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3 min read

I Want to Be a Contract Attorney. Do I Need To Purchase My Own Malpractice Insurance Policy?

Get ready for a typical lawyer response, because the answer is maybe. It all depends upon the specifics of the situation. Let’s take a look at three...

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14 min read

ALPS In Brief — Episode 65: Cybersecurity Services for Solo and Small Law Firms

In this episode of ALPS In Brief, Mark and the founders of Sensei Enterprises discuss cybersecurity options and support for solo and small law...

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5 min read

Is Making a Referral Risky?

Referrals of all types are commonplace in the practice of law. They are often made after work is declined. Staff may pass a name along in response...

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4 min read

With Attorney Client Relationships Minor Details Matter

Due to a recent move, my wife and I are experiencing the joys of learning to work with a new HOA. On the upside, this HOA is much better run and far...

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3 min read

The Interplay Between the Duty to Maintain Client Confidences and Courthouse Security

A man attempted to rape a county employee inside of a courthouse bathroom. A criminal defendant who was scheduled to appear in court to enter a...

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5 min read

The Problem With Taking Practice Management Shortcuts

When traveling on business, it can be so easy to grab a burger and fries at a local drive-thru verses taking the time to find a place where I can...

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13 min read

ALPS In Brief – Episode 63: Relationships and First Impressions

Transcript: Hello, I’m Mark Bassingthwaighte, the risk manager here at ALPS, and welcome to the latest episode of ALPS in Brief, of the podcast...

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3 min read

How to Secure Your Smartphone

Smartphones can be a significant cybersecurity risk, in part because many owners take a lackadaisical view when it comes to properly securing them...

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2 min read

How to Avoid the Counterfeit Trust Account Check Scam

Counterfeit checks are more of a problem than most realize. Scam artists create millions of these checks each year and while there are a wide...

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3 min read

Theft of Client Funds and the Interplay Between Bad Actors and Innocent Insured Coverage

A question that occasionally comes up concerns insurance coverage for the loss of client funds. This is a particularly troublesome concern due to...

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