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Back To The Basics: To Report Or Not To Report? When in Doubt — Call ALPS
If you are an ALPS-insured firm and are unsure if you should report a situation, but it is on your mind, just call us and we can talk with you about...
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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 : Oct 7, 2020 12:00:00 AM
Here at ALPS, all of us who work in claims and risk management periodically take calls from lawyers unsure if they need to report a claim. While we view reaching out for assistance in working through this important decision as a good thing, we also recognize that some lawyers will choose not to if for no other reason than they are afraid that doing so might have negative repercussions. If you ever find yourself facing a situation of concern, and are hesitant to reach out to your insurer, you may find this short checklist useful. Hopefully, it will help you decide for yourself if a report needs to be made.
Since 1998, Mark Bassingthwaighte, Esq. has been a Risk Manager with ALPS, an attorney’s professional liability insurance carrier. In his tenure with the company, Mr. Bassingthwaighte has conducted over 1200 law firm risk management assessment visits, presented over 600 continuing legal education seminars throughout the United States, and written extensively on risk management, ethics, and technology. Mr. Bassingthwaighte is a member of the State Bar of Montana as well as the American Bar Association where he currently sits on the ABA Center for Professional Responsibility’s Conference Planning Committee. He received his J.D. from Drake University Law School.
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If you are an ALPS-insured firm and are unsure if you should report a situation, but it is on your mind, just call us and we can talk with you about...
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