Lockton Affinity, LLC, Author at Colorado Bar - Page 2 of 2

About Lockton Affinity, LLC

Lockton Affinity, an affiliate of Lockton Companies, was formed in 1987 to meet the dynamic, specialized insurance needs of affinity groups, non-profits, associations and franchises.

The Risks of Sharing Office Space as a Lawyer

There are many benefits to sharing office space as a lawyer, like increased cost savings and a more sociable workplace. But without the proper risk management precautions, the blurred boundaries of a shared office put you at greater risk of legal malpractice claims. To protect your reputation and your law firm, it's important to acknowledge [...]

By | January 22nd, 2020|Risk Management Tips|0 Comments

Logistics of a Lateral Move: Tips for a Hiring Law Firm

Lateral moves in the legal community are common and occur for several reasons. As a law firm, you may seek the expertise, passion or enthusiasm of new talent, while attorneys consider lateral moves to avoid stagnation, spur professional development or gain new perspective. Still, it's important to plan carefully to minimize the risks. If your [...]

By | January 22nd, 2020|Risk Management Tips|0 Comments

Minimizing Exposure in Wills, Trusts and Estates Practice

The wills, trusts and estates practice area frequently involves complex issues requiring specialized legal experience and training, as well as matters that may entail high-stakes disputes among family members. According to CNA data, claims involving the wills, trusts and estates practice area surged during the economic downturn of 2008. However, claims frequency continues to remain [...]

By | January 21st, 2020|Uncategorized|0 Comments

Managing Outside Counsel Guidelines

Your client’s outside counsel guidelines (OCGs) can open your firm to several risks. If left unchecked, these risks could expose your firm to additional liability that may not be covered by your Professional Liability Insurance. Where OCGs exist, they often serve as a substitute for the firm's retainer agreement and become the governing contractual document [...]

By | October 7th, 2019|Risk Management Tips|0 Comments

A Lawyer’s Cloud Computing Guide and Checklist

Is your law firm thinking of moving to the cloud? If so, you could join a number of law firms and other businesses that benefit from cloud computing's efficiency, flexibility and portability options. Yet as a lawyer, it's important to understand the potential benefits of cloud computing come with professional and ethical risks and obligations. [...]

By | August 26th, 2019|Risk Management Tips|0 Comments

Creating a Succession Plan

What would happen to your law practice if you disappeared tomorrow? It's a question you may prefer not to think about. Yet whether you are a small firm or solo practitioner, it is important to have a succession plan in case you should suddenly become unable to fulfill your duties to clients and creditors due [...]

By | August 21st, 2019|Risk Management Tips|0 Comments

5 Cyber Risk Management Tips

Most firms already employ the most common data security tools such as spam filters, anti-spyware, software-based firewalls and virus scanning on PCs and email. These are essential cyber risk management tools, but law firms need to take further action. Implement these 5 cyber risk management tips to protect your firm: Encrypt, encrypt, encrypt Encryption is [...]

By | August 21st, 2019|Risk Management Tips|0 Comments

Family Law and Professional Liability Insurance

CNA’s claim frequency in the family law area of practice has been consistently higher when compared to all other areas of practice. As an area of practice, family law includes all litigation and legal services related to antenuptial and domestic relationships, separation and divorce, alimony and child support, child custody, surrogacy and adoption. The top [...]

By | August 21st, 2019|Risk Management Tips|0 Comments

Professional Liability Claim Scenarios

At CNA, we take a collaborative approach to claim handling. We work closely with our insureds to achieve the best possible outcome. For our insureds, this facilitates informed decision-making, fewer surprises and an overall smoother claim process. While no two Lawyer’s Professional Liability (LPL) claims are alike, the following examples illustrate a range of LPL [...]

By | May 6th, 2019|Insurance Tips|0 Comments

Giving Business Advice versus Legal Advice

A lawyer’s role and duty is to give legal advice, including: Advice that may not be well received Advice that, when followed, may not result in the best outcome and Advice that, though objectively correct, ends up placing the lawyer in a defensive posture It is simply the cost of the business of law. In [...]

By | May 6th, 2019|Risk Management Tips|0 Comments