Mandatory Professional Liability Insurance, Disclosure and Other Efforts to Insure Attorneys and Protect the Public (On-Demand CLE)

    Mandatory Professional Liability Insurance, Disclosure and Other Efforts to Insure Attorneys and Protect the Public (On-Demand CLE)
    ETHICS 60 min

    Mandatory Professional Liability Insurance, Disclosure and Other Efforts to Insure Attorneys and Protect the Public (On-Demand CLE)

    Lawyers are responsible for making sure that consumers of legal services are financially protected when mistakes happen. In this program the panel will break down the extensive issues involved in protecting the public and the rise of mandatory professional liability insurance for lawyers.
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    Two states recently passed measures mandating professional liability insurance for lawyers, the first to do so since Oregon created its Professional Liability Fund in 1978.  Some states have considered and rejected a mandatory insurance model; still others have added teeth to mandatory disclosure rules.  California, with 266,000 licensed attorneys, is conducting a statutorily mandated study of all insurance options, through a Malpractice Insurance Working Group. The Group's findings, due in 2019, are sure to provoke great debate.

    This program provides current and valuable information on regulation of lawyers’ financial accountability to clients, in particular mandatory liability insurance and disclosure of lack of insurance:

    • Is this a solution chasing a problem?
    • Is there solid information that supports the need?
    • Will imposition of these requirements impact lawyers' ability to provide low-cost (or no cost) services to clients, or prevent lawyers from practicing at all if they cannot acquire the required insurance?

    In addition, the program will detail how different jurisdictions have chosen to address these issues; and will address the legal and market ramifications of the various insurance models.

    Product Details

    Sponsor Groups

    ABACLE , Center For Professional Responsibility , Law Practice Division , Senior Lawyers Division , Tort Trial and Insurance Practice Section

    UPC Code

    0

    Product Code

    CE1901MALOLC

    Trim Size

    0

    Duration

    60

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