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Risk Management
AVAILABILITY:
USA*
USA*
Lawyers will always have questions about their professional duties or malpractice risk throughout their careers. The Bar Plan’s Risk Management team is here to help lawyers answer those questions. Whether through one of our many ethics CLE presentations, our Risk Management Hotline, or through our Practice Management Program, we strive to help lawyers build a better practice.
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Understanding the benefits and consequences of one’s conduct and implementing systems and procedures to avoid their potential consequences is the very nature of Risk Management. Lawyers take on legal malpractice risks every time they accept or decline a representation or take action on behalf of a client in a case. To avoid risks, there must be an awareness of the existence of possible risk, the specific nature of the risks in a particular situation must be acknowledged and forthrightly addressed. Finally, there must be a willingness to take the appropriate action in the circumstances to minimize or eliminate the exposure to the risk.
Some of the more common areas where lawyers encounter fairly easily avoidable risks are: creating or avoiding the attorney-client relationship; determining, calendaring and tracking statute of limitations and other deadlines; understanding the distinction between privileged and confidential information and protecting the information accordingly; recognition, avoidance and/or waiver of conflicts of interests; and, appropriately defining and limiting the scope of the representation.
Our Risk Management Hotline is free and confidential. You do not need to be an insured of The Bar Plan to use this service. Call 1-800-843-2277 x171.
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Karen McCarthy
Client Story
"Law students have great debt, no money, and any scholarships are deeply appreciated, but The Bar Plan Foundation Scholarship was a surprise due to the substantial sum awarded. It gave me a lot of flexibility. Any financial assistance makes things easier, but The Bar Plan Foundation’s focus on professionalism and the practice of law has lasting effects."
