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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.

1 min read

A Malpractice Avoidance Checklist

If you were to collect everything I (and many others like me) have written on risk management for lawyers, I suspect the collection would fill a tome or two; but sometimes less is more. It is with this sentiment in mind that I offer this brief...

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3 min read

Five Things You Can Do to Help Keep Your Malpractice Insurance Premium in Line

I have been a risk manager here at ALPS for well over two decades now, which helps explain why I personally view the purchase of legal malpractice...

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2 min read

Why There is No Such Thing as a New Normal

I’ve been telecommuting for over a decade now, so when a COVID-19 stay at home order finally made its way to Montana, not much changed for me...

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10 min read

ALPS In Brief – Episode 55: Estate Planning Gone Wrong

In this episode of the ALPS In Brief podcast, Mark Bassingthwaighte offers some insights in the arena of estate planning that are commonly...

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3 min read

Preparing for an Extended Absence – Advice for the Solo Attorney

Given how difficult it can be to try and take a planned absence, such as a long vacation or maternity or paternity leave, it’s no wonder that having...

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2 min read

Why Taking Another Look at the Risk of Inadvertent Disclosure at Your Firm Might Be Worthwhile

A lawyer and non-lawyer business partner own a business. These two have a falling out and litigation ensues. The non-lawyer business partner and...

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23 min read

ALPS In Brief – Episode 54: The ALPS Vision Was, In Hindsight, 2020

Accountability, integrity, commitment. These values provide the lens through which ALPS realizes its vision. To live these values requires a...

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2 min read

How to Deliver Bad News

Difficult conversations can be, well difficult; particularly if the purpose of the conversation is to pass along bad news. After all, who looks...

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2 min read

How to Secure the Wi-Fi Router in Your Home

These days, most lawyers are taking appropriate steps to see that all work-related servers, computers, mobile devices, and cloud-based apps are...

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2 min read

We Don’t Keep Client Personal Info, So We Don’t Need Cyber Coverage, Right? Wrong!

Lawyers often share with us that, as they see it, they really don’t need a cyber liability policy. They seem to base this conclusion on the fact...

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2 min read

Managing Risk – The COVID-19 Vaccine Decision

Two different companies, Pfizer and Moderna, are the first to have developed approved vaccines to fight the SARS-CoV-2 virus (COVID-19). When I stop...

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14 min read

ALPS In Brief – Episode 53: How to Handle Extraordinary Experiences

It was January of 2020 in Birmingham, Alabama. Jeremy woke to a noise in the middle of the night and went outside to investigate. He could see...

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4 min read

Why Lawyers Should Prioritize Housekeeping

Over the years I have visited more firms that I can remember; but no visit stands out more than the one that made me feel as if I had walked on to...

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