Admitted Eligibility
LawyerGuard is designed for well-run law firms. Coverages are individually tailored to fit the needs of each law firm. Primary coverage is provided on an admitted basis and available in all states (except Alaska & Oregon), subject to state filing requirements.
The Preferred Program for Defense Attorneys
Established in 1988 as only Lawyers Professional Liability insurance program sponsored by the DRI – The Voice of the Defense Bar. As the preferred program for defense attorneys, LaywerGuard is:
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Designed for law firms of all sizes engaged in at least 51% defense work.
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Open to DRI members and non-members.
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Deductible for defense firms is automatically reduced by 10%.
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Defense firms receive a 10–15% discount on their premium.
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Defense firms are eligible for special coverage enhancements and fewer exclusions.
General Practice Lawyers Professional
LaywerGuard's coverage for general practice lawyers includes:
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Full-time private practice law firms with 1–100 attorneys
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Will consider most Areas of Practice, including:
* Plaintiff Work BI / PI
* Real Estate Work
* Collections
* Entertainment - No High Profile
* Banking / Financial Institutions - Up to 25%
* Securities – Up to 15%
* Patent Litigation will be considered
Firm Operations
LawyerGuard's program eligibility includes:
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Size of firm 1–100 attorneys
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Revenue per attorney between $200K–$400K
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No single client that is a high percent of firm’s revenue
(except if it is an insurance company)
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Conflicts checks solid
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Docket control – dual & independently monitored
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Engagement letters – used 100% of time
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Firm Receivables – low % > 180 days
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Fee Suits – limited number
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Prefer no Officer / Director / Ownership in client