Paragon: Prime position

Blog post - 19/11/2018 : Cyber Liability, insurance, lawselect, professional indemnity, risk management, Practice Management

The analysis is still incomplete but the overall impression resonating from the London insurance market is that the majority of insurers achieved some level of rate increase on their portfolios post-October. Somewhat paradoxically, the excess...

A firm’s renewal from an underwriter’s perspective

Resource - 28/08/2018 : Cyber Liability, insurance, lawselect, professional indemnity, risk management, Risk & Compliance, Practice Management

When renewing your Professional Indemnity insurance (PI) it is important to understand what influences an underwriters’ approach when pricing a risk. Having a greater understanding of the process of underwriting can help your practice...

A changing market: Professional Indemnity Insurance amid economic uncertainty

Resource - 13/08/2018 : Cyber Liability, insurance, lawselect, professional indemnity, risk management, Risk & Compliance, Practice Management

Professional Indemnity insurance remains one of the three largest overheads for any law firm, along with staff and building costs. Throughout 2018, the Professional Indemnity insurance market has continued to see change ripple under the surface,...

A practice manager's approach to their firm's professional indemnity insurance

Resource - 07/08/2018 : Cyber Liability, insurance, lawselect, professional indemnity, risk management, Risk & Compliance, Practice Management

Issues in the market

The openness and prevailing Minimum Terms and Conditions of the SRA wording have continued to see law firms exposed to a potentially high level of claims.  It is therefore crucial that law firms,...

What to do when faced with a file request from a disgruntled former client

Resource - 27/06/2018 : Cyber Liability, insurance, lawselect, professional indemnity, risk management, Practice Management

Introduction

What do you do when faced with a file request from a disgruntled former client? For many solicitors and their insurers, this triggers alarm bells.Despite popular client belief, they are not simply...

Paragon: Gone phishing?

Resource - 11/05/2018 : Cyber Liability, insurance, lawselect, professional indemnity, risk management, Risk & Compliance

On the 2nd May Travelers Cos. argued before the U.S. Appeals Court that cash payments made in connection with phishing attacks aren’t covered under a general crime policy.  These claims arise in circumstances where increasingly...

Exit and succession planning in law firms

Event - 25/04/2018 : Cyber Liability, insurance, lawselect, professional indemnity, risk management, Risk & Compliance, Practice Management, Training and educational courses

Exit and Succession Planning

Eric Fletcher, from Regulatory and Compliance Experts, will speak on the importance and stages in exit and succession planning in law firms.  This is a free breakfast and learn which will...

Exit and succession planning by Paragon

Resource - 23/04/2018 : Cyber Liability, insurance, lawselect, professional indemnity, risk management, Risk & Compliance

LawSelect is more than just an exclusive, ‘A’ rated insurer product, providing integrated insurance solutions and risk management tailored to law firms – it offers your firm access to a number of specialist partners providing...

Paragon: the A-rated team

Resource - 10/04/2018 : Cyber Liability, insurance, lawselect, professional indemnity, risk management, Finance, Risk & Compliance

This article was originally featured as an industry column in the April 2018 issue of LPM. To read the issue in full, ...

Cover to cover - Janice Ward, practice director at Larcomes

Case Study - 26/03/2018 : Cyber Liability, insurance, lawselect, professional indemnity, risk management, Risk & Compliance

Janice Ward, practice director at Larcomes, reflects on how her firm’s decision to hand its professional indemnity insurance search to Paragon gives it long-term security and stability.

Wouldn’t it be an ideal...

The Strategic Partner: A review to thrill

Resource - 26/03/2018 : Cyber Liability, insurance, lawselect, professional indemnity, risk management, Risk & Compliance

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Briefing September 2017: Sectoral feeling

Resource - 29/08/2017 : Allen & Overy, alternative fee arrangements, Baker McKenzie, bias, briefing magazine, business development, client relationship management, cms, collaboration, cross-selling, dwf, enterprise resource management, events, foot anstey, freshfields bruckhaus deringer, GDPR, highq, imanage, insurance, lexisnexis, marketing, mergers, negotiation, osborne clarke, performance management, pricing, sectors, thomson reuters elite, Human Resources, Knowledge Management, Marketing & BD, Risk & Compliance, Technology

Sectoral feeling
 

Legal business leaders say a sector strategy gets firms closer to strategic goals as well as their clients, with firm input from Baker McKenzie, Allen & Overy...

Paragon gives advice on where to start when complying with the new money laundering regulations

Resource - 08/08/2017 : Cyber Liability, insurance, lawselect, professional indemnity, risk management, Finance, Risk & Compliance, Practice Management

The Money Laundering Regulations 2017 have been in force since 26th June. While the SRA have said that they are taking a proportionate and pragmatic approach as firms take steps to comply with the new requirements, there is no indication of what...

Paragon: The pitfalls of giving advice for nothing

Resource - 17/05/2017 : Cyber Liability, insurance, lawselect, professional indemnity, risk management, Finance

Tempted to give some “off the cuff” advice to help a friend out? The recent Court of Appeal decision in Lejonvarn v Burgess may cause you to think twice about giving something for nothing. An unpaid favour may be a professional...

Paragon: Solicitors' failure to warn clients of hidden time bombs leads to wave of of professional negligence claims

News Article - 02/05/2017 : Cyber Liability, insurance, lawselect, professional indemnity, risk management, Risk & Compliance

Conveyancing solicitors and their indemnity insurers are facing an influx of professional negligence claims for failing to advise clients and mortgage lenders of soaring ground rent clauses on leasehold properties.

With several large...