Document Type
Article
Publication Date
1-2000
Journal Title
Professional Lawyer Symposium Issues
ISSN
1042-5675
Abstract
This article addresses the various insurance issues relating to lawyer mobility. Part I of this article introduces the topic by noting the heightened rate of lawyers making lateral moves and how insurance coverage has responded to an increasingly mobile legal labor force. Part II provides a brief historical perspective on insurer reaction to lateral hire claims. Part III analyzes specific policy provisions related to lateral hires for both the prior firm and the new firm. Part IV discusses how a firm and a lateral lawyer should study and address risks before consummating the move. Part V examines the problems related to sorting risks and adjusting claims. The conclusion, in Part VI, reasserts the importance of carefully considering professional liability insurance implications of lateral transitions before the move is finalized.
First Page
65
Last Page
79
Num Pages
15
Volume Number
2000
Publisher
American Bar Association
Recommended Citation
Susan S. Fortney,
Insurance Issues Related to Lateral Hire Musical Chairs,
2000
Prof. Law. Symp. Issues
65
(2000).
Available at:
https://scholarship.law.tamu.edu/facscholar/205