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Legal Malpractice Insurance

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Editor: Denny Thaxton
Profession: Legal Malpractice Liability

July 17, 2006

By Denny Thaxton

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Legal Malpractice Action Changes the Void Ab Initio Doctrine

Category: Legal Malpractice News

On Monday, February 20, 2006, the Illinois Supreme Court submitted an opinion in a legal malpractice case, which has now changed the way the doctrine of void ab initio will be used in Illinois. For 92 years the Illinois supreme court have used the U.S. Supreme Court case Norton v. Shelby County as an example to follow in ruling a void ab initio scenario.

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July 11, 2006

By Denny Thaxton

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Ethical Issues on The Legal forefront

Category: Legal Malpractice News

A very interesting ethical issue arose yesterday when I read Ben Cowgill's Blog on the Crowe vs. Tull case. The Colorado Supreme Court voted that the state's Consumer Protection Act ( CPPA) does in fact apply to Lawyer advertising,

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July 11, 2006

By Denny Thaxton

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Kentucky's Supreme Court makes Attorneys responsible For Errors in Judgment

Category: Legal Malpractice News

Upon entering a legal malpractice case to a trial court in Kentucky, the court stated to the jury:

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July 07, 2006

By Denny Thaxton

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Tip Of The Week

Category: Malpractice Insurance Tips of the Week

Attorneys, Be sure you know the financial strength and size of your malpractice insurance carrier. If you are carrying $10M of coverage and your carrier only has $10M of assets, you could be flirting with danger.

July 07, 2006

By Denny Thaxton

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Supreme Courts Protecting The Attorneys?

Category: Legal Malpractice News

In Late June 2006, The Illinois Supreme Court limited the types of damages that a client could receive from lawyers who botch a lawsuit. It was a 4-3 decision in this first-of-its-kind case that helps lawyers that are being accused of malpractice. The Court ruled that a client may sue their lawyer for the standard, compensatory damages that could have won the case, only if their suit had been properly represented.

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July 07, 2006

By Denny Thaxton

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Ward Knew and Did Not Tell

Category: Legal Malpractice News

In early June 2006 council member Dan Ward and Mike McGuire opted not to vote in the sentencing of Anthony Cannon. However, both have recently changed their minds and decided to vote in the case.

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July 07, 2006

By Denny Thaxton

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Circuit Judge Brandt Denies Motion to Dismiss Malpractice suits

Category: Legal Malpractice News

On July 1, 2006 a legal malpractice suit was denied dismissal in Peoria last week. The suit involved Marshall County's gravel pit controversy. Circuit judge Michael Brandt also denied dismissal in a peoria county case that was brought against Husch & Eppenberger, LLC, and three of its attorneys.

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June 22, 2006

By Denny Thaxton

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Management Liability Insurance Claims

Category: Legal Malpractice News

As law firms have expanded geographically, merged with competitors, and entered new practice areas, many have adopted coporate-like governance structures, with Management Committees, Executive Committees or other small groups responsible for firm operations and decision making.

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June 20, 2006

By Denny Thaxton

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Key Things to Look For in Your Coverage

Category: Legal Malpractice News

Lawyers, once you have decided to obtain Malpractice coverage, there are a couple of things to look for in your policy. A broad definition of the insured should include past, present and future members of the firm, of-counsels, heirs, executors, administrators, and legal representatives in the event of death, incapacity or bankrupcy.

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June 19, 2006

By Denny Thaxton

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June 19th Tips of The Week

Category: Malpractice Insurance Tips of the Week

Lawyers, Have you looked at your policy lately? With coverage being dropped or not renewed lately, make sure you know what you have. Have you considered emplyment practices coverage? How about directors and officers coverage? Send us a comment or question if we can help out in any way possible!

June 19, 2006

By Denny Thaxton

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June 19 Tips of the Week

Category: Malpractice Insurance Tips of the Week

Severability endorsements wording on Directors and Officers insurance varies by carrier. In the event of a claim, directors and officers trust that their assets are covered by their insurance. Due to deficient information on their applications, an increasing number of policies have rescinded over the past few years. Don't leave your innocent directors and officers without coverage.

June 19, 2006

By Denny Thaxton

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Lawyer Accusd of Another Forgery Incident

Category: Legal Malpractice News

In Norfolk, Virginia last week, Matthew C. Vroom was indictied on a charge of forging a judge's signature on public documents. These documents that he forged would have dismissed a garnishment proceeding against vroom.

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June 15, 2006

By Denny Thaxton

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Thaxton Barclay Group has Merged

Category: Firm News

As of March 1, 2006, Thaxton Barclay Group merged with The Baldwin Insurance Group. The Baldwin Insurance Group was started by insurance mogul, Lowry Baldwin, in February 2006. We are excited for the growth of the company and think that this will open many doors in the future.

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June 13, 2006

By Denny Thaxton

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June 12th Weekly Tip

Category: Malpractice Insurance Tips of the Week

Lawyers, make sure that you ask about a "loss only" deductible to prevent your firm from potentially paying a deductible on a frivolous claim scenario.

June 12, 2006

By Denny Thaxton

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June 12th Tips of The Week

Category: Malpractice Insurance Tips of the Week

With hurricane season well on the way, and tropical storm Alberto putting that initial scare into all of You Fellow Floridians, please make sure that your homeowners insurance has been put in place before any more storms arise. everyone is well aware that insurance companies are dropping policies left and right, so take the time to make that phone call and check that everything is in place.

June 12, 2006

By Denny Thaxton

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A Little Information on Thaxton Barclay Group

Category: Firm News

Thaxton Barclay Group came into fruition in August 2003. Denny Thaxton and Vern Barclay joined forces to create one of the leading malpractice insurance groups in the greater Tampa area. Vern, prior to selling insurance, used to manage law firms, giving him more insight into the malpractice insurance business.

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June 09, 2006

By Denny Thaxton

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IInglewood Sues Lawyers in Police Beating

The city of Inglewood, CA is suing a law firm that represented it in a civil lawsuit against ex-police officers Jeremy Morse and Bijan Darvish. The lawyers for the policemen convinced a the court that the two officers were discriminated against in the 2002 brutal arrest of teenager Donovan Jackson.

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June 09, 2006

By Denny Thaxton

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Category: Malpractice Insurance Tips of the Week

Insurance is all about customer service. Anyone can sell you a policy, however if you are not comfortable with your agent then you won't be comfortable with your coverage. Just remember that if you are compfrtable with your agent then you will be more inclined to ask more questions, and you will feel more comfortable with the situation. Thaxton Barclay is all about customer service over anything else.

June 08, 2006

By Denny Thaxton

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Category: Malpractice Insurance Tips of the Week

Lawyers, when you are purchasing insurance, make sure that you are comfortable with your policy. Know that coverage that you are getting, and your Extended Report Period. Be a conscious buyer and make sure that your rep. shops it around for you.

June 07, 2006

By Denny Thaxton

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Law Firm Pays $5.5 Million to Client

In Cloumbia, SC Frank Robertson was awarded $5.5 Million for bad legal advise, which he received from Nexsen, Pruet, Adams, Kleemeier.

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June 02, 2006

By Denny Thaxton

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Category: Malpractice Insurance Tips of the Week

Lawyers, do not let your accounts receivable go past 90 days!

June 01, 2006

By Denny Thaxton

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Category: Malpractice Insurance Tips of the Week

Lawyers, bill your clients every 30 days!

June 01, 2006

By Denny Thaxton

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Malpractice Suit in New York Dismissed

Category: Legal Malpractice News

In Manhattan, a Federal judge dismissed a legal malpractice suit in which well-known litigator Edward W. Hayes was accused of sleeping through the deposition of his client, Robert Flutie. The judge ruled that the Flutie Companies were held liable for $191,089 in loans.

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May 31, 2006

By Denny Thaxton

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Category: Malpractice Insurance Tips of the Week

Lawyers, Make sure you receive a large enough retainer from your client up front!

May 31, 2006

By Denny Thaxton

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New York Firm Settles Legal Malpractice Claim

Category: Legal Malpractice News

The 1200 lawyer firm of Weil, Gosthal & Manges chose to settle a conflict of interest malpractice claim only a few days before the case was to go to trial. The dispute was over whether Weil, Gosthal was out of line when it represented mall boutique owners in an unfair trade suit against Fendi. The conflict of interest arose from the fact that the firm started representing Prada around the time the company was part of a venture to buy Fendi.

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