What is a Step Rate Credit? Many attorneys have questions about what the Step Rate Credit is and how it works.
Simply put, this is a credit issued to you throughout your first five years on a declining scale.
Due to this you will see your
The Bar Plan Mutual Insurance Company recently announced a new member to its’ Board of Directors. JoAnne Mallonee has been elected to the Board, effective immediately.
Mallonee is an Executive Vice President at Huntleigh McGehee. She brings almost 40 years of experience in the insurance industry, working for CIGNA Companies; Welsch, Flatness & Lutz; and Lockton Companies. Throughout this time she has held various leadership roles including in both Underwriting and Sales. Mallonee received a Bachelor of Arts degree in Business/Sociology from Butler University and holds a Masters in International Business from Saint Louis University.
The Bar Plan writes professional liability insurance in Missouri, Kansas, New Mexico, Indiana and Tennessee. In conjunction with its subsidiary, The Bar Plan Surety and Fidelity Company, The Bar Plan writes Court Bonds in all 50 states. The company is unique with its services to the legal community including CLE seminars, risk management hotline and practice management services, along with its active participation in, and support of, Bar Associations in each of our markets. All products and services offered by The Bar Plan are for the benefit of the legal community.
Proposed Amendment Aims to change the way law firms and entities do business
By: Charles S. Coffey, Senior Claims Counsel
This article first appeared in the ABA Young Lawyers Division, Ethics & Professionalism Committee Newsletter Reposted with permission.
ABA Model Rule of Professional Conduct 5.6(b) prohibits “…an agreement in which