About LPL & What's Covered

Why You Should Consider Lawyers' Professional Liability Coverage


Lawyers' Professional Liability Insurance helps protect D.C. area law firms from costly legal malpractice lawsuits. Law firms that do not carry this coverage leave themselves open to a host of lawsuit possibilities, the most common being:


Legal malpractice (a former client unhappy with the service or judgments they received.) Suits that may arise out of a former client’s assertion that the bill is too high, unjust or more commonly overdue. In some cases, a law firm may be named as a defendant in a shareholder lawsuit for work they did for that client.


Lawyers' Professional Liability Coverage protects Massachusetts law firms in the event they are successfully sued by actions of current firm lawyers; current employees such as paralegals and investigators; former employees and, in some cases the actions of current employees at a previous firm.


What is Covered under Lawyers' Professional Liability:


  • Court attendance expense reimbursement $500/day to a maximum of $10,000 per claim and $50,000 in the aggregate, no deductible applies
  • The company will provide reimbursement of up to $25,000 per complaint and $50,000 policy aggregate for the defense of a disciplinary proceeding, no deductible applies and any payment is in addition to the limit of liability
  • Prior acts coverage for an individual attorney working at a New Jersey law firm
  • Prior acts coverage available for lawyers joining a firm during the policy period (a new lawyer application and underwriting approval are required)
  • Multiple extended reporting period options, including an unlimited option
  • Subpoena coverage of up to $5,000 per policy period, no deductible applies and any payment is in addition to the limit of liability
  • Broad definition of legal services include services for others as a lawyer, arbiter, mediator, title agent, a notary public, or member of a bar association, ethics, peer review, or similar board or committee and as an administrator conservator, receiver, executor, guardian, trustee, or in a fiduciary capacity (excluding ERISA)