Lawyers

Insured’s Consent to Settle: Types of “Hammer” Clauses
An attorney’s reputation is considered one of their most valuable assets, which is why legal malpractice insurance policies require the insured consent to settlement before the insurer can settle the…

July 29, 2024 by Pearl Insurance
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Navigating Professional Liability Insurance Deductibles
Professional liability insurance is an essential safeguard for lawyers, protecting you from legal malpractice claims and disciplinary actions. When selecting your insurance policy, understanding the role of deductibles is crucial.

May 23, 2024 by Pearl Insurance
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Demystifying Professional Liability Insurance Coverage Limits for Lawyers
Professional liability insurance is an indispensable safeguard for lawyers. It offers financial protection in the event of malpractice claims and disciplinary actions. When selecting a professional liability insurance policy, understanding…

May 23, 2024 by Pearl Insurance
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Ensure Your Firm’s Integrity: Disciplinary Proceedings Coverage for Lawyers
Since, as a lawyer, clients rely on your expertise and ethical conduct, your professional reputation and integrity are paramount. But even the most diligent professionals may find themselves facing disciplinary…

May 9, 2024 by Pearl Insurance
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Extending Protection: A Guide to Extended Reporting Periods
As a lawyer, you understand how paramount professional liability insurance is in safeguarding your legal practice. It’s your armor against potential legal malpractice claims that may arise in the course…

January 8, 2024 by Pearl Insurance
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Step Rating and Your Premium
Lawyers’ professional policies are written on a claims-made basis, and claims-made policies are step rated. This means that, if an attorney has no prior acts exposure, it can be expected…

November 28, 2023 by Pearl Insurance
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Think Your Business Is Too Small to Get Hacked? Think Again.
If you’re thinking cybercriminals aren’t interested in small businesses like yours, you’re unfortunately wrong. Over 50% of small businesses experienced at least one cyberattack in 2019. And according to recent…

August 23, 2021 by Pearl Insurance
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Ransomware: What Business Owners Should Know
Cyberattacks are grabbing headlines and keeping many business owners up at night wondering if they will be next. The reality is that since the world went into COVID-19 lockdown and…

July 9, 2021 by Pearl Insurance
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Lower Your Workers’ Compensation Premiums With Smart Risk Management Practices
If you are a business owner with employees, then you are familiar with workers' compensation insurance. Even if you are a sole proprietor, you may carry a policy to protect…
June 4, 2021 by Pearl Insurance
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Insurance 101 for Small Business Owners
Operating a small business in the current climate is incredibly challenging. For some, it has sadly been impossible. For many, staying afloat has meant pivoting to other lines of business…
January 8, 2021 by Pearl Insurance
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Business Owners Should Take a Few Extra Precautions During the Colder Months
Every season comes with its own risks, and winter is no different. The common elements of cold, snow, and ice may hit some areas of the country harder than others,…
December 4, 2020 by Pearl Insurance
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Change of Season Brings New Claims Risks
With daylight savings time and cooler temperatures marking the change of season for much of the country, weather remains a concern for business owners. Not only do you have the…
November 6, 2020 by Pearl Insurance
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How to Prevent Slip and Fall Accidents
A slip and fall accident may be amusing in slapstick comedy, but in reality, it's no joke. Slips and falls account for a significant number of injuries to customers and…
October 2, 2020 by Pearl Insurance
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Are Your Employees Using Their Personal Vehicles for Work?
If you answered "yes" to this question, then you may want to check your insurance coverage to see if you're protected from possible claims. Even with a commercial auto policy…
September 4, 2020 by Pearl Insurance
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5 Ways to Save Money on Your Firm’s Insurance
Insurance is a necessary business expense, but there are ways to reduce your premiums if your bottom line needs a little boost. Here are five quick and easy ways to…
August 1, 2020 by Pearl Insurance
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How to Build an Accessible Website
Website accessibility is a concept many organizations take for granted. While many websites are built with the assumption that all users can see or hear the content being presented, some…
July 20, 2020 by Pearl Insurance
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Captive Agent vs. Broker: What’s the Difference?
To pick the right insurance company for your specific business needs, it's important to understand the different types of professionals that make up the insurance industry. Largely, there are two…
May 29, 2020 by Pearl Insurance
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How to Pick the Right Insurance Agent for Your Business
There are many qualified insurance agents and brokers who are available to you. And, unfortunately, there are also plenty of folks who have passed a licensing exam that really have…
April 30, 2020 by Pearl Insurance
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How to Recognize a Phishing Attack
In a world of ransomware and data theft, phishing attacks remain one of the biggest cybersecurity threats to businesses. According to the FBI’s 2017 cybercrime report, fraudulent emails resulted in…
April 22, 2020 by Pearl Insurance
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6 Worst Password Ideas You Should Avoid
In the Mel Brooks classic Spaceballs, there's a scene where the main villain, Dark Helmet, remarks on the stupidity of using a password like "12345," remarking it's the kind of…
April 22, 2020 by Pearl Insurance
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How to Stay Secure on WiFi Networks
Whether you're working from home or a hotel, it's important to exercise caution with wireless networks. If you are running a wireless router at home, make sure you are using WPA…
April 22, 2020 by Pearl Insurance
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How to Create a Marijuana Policy for Your Office
Once only theorized, marijuana legalization becomes more of a reality every year with more states passing legislation allowing for its medical and/or recreational use. To date, 11 states—and Washington, D.C.—have…
April 20, 2020 by Pearl Insurance
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4 Sure Signs It’s Time to Look for a New Insurance Broker
Knowing how to select a commercial broker is helpful, and we will dive into that in a separate post. But what if you already have a broker and are less…
April 2, 2020 by Pearl Insurance
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7 Cybersecurity Tips for Working Remotely
Employees working remotely is trending upward in recent years with employers becoming more open to the concept. While having the choice of your work environment may seem like a great…
March 25, 2020 by Pearl Insurance
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Simple and Inexpensive Ways to Recognize Employees
What if you held the power to increase your company's productivity without spending a dime? Pish posh! That seems impossible. Actually, it's far from impossible, and it's quite simple. We…
October 3, 2019 by Pearl Insurance
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Your Most Important Win: Life v. Work
Lawyers are known for their stressful profession—the demanding hours and struggle for work-life balance. That's why being family-friendly has even become a recruiting point for some firms. But what if…
April 2, 2019 by Pearl Insurance
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How to Ensure a Five-Star Rating for Your Internship Program
Most of us can probably recall that internship in college when we made coffee, moved boxes, and filed endless stacks of paper. We added it to our resume, but did…
March 31, 2019 by Pearl Insurance
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The Future for Women in Law [Infographic]
What does the future hold for women in law? Check out our infographic to see the current representation of women in the legal field and how law firms are addressing…
March 8, 2019 by Pearl Insurance
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Upgrade Your Downtime with These Legal Podcasts
The life of a lawyer is a busy one. So busy, in fact, that stealing a few minutes for yourself throughout the day can feel impossible. But what about those…
February 7, 2019 by Pearl Insurance
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Secure Your Future with Effective Succession Planning
Who Are Your Firm's Future Leaders? For many senior professionals, thinking about who will succeed them and determining their exit plan and next phase of their life often brings about…
January 24, 2019 by Pearl Insurance
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