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Road Map for In-House Counsel Insurance Coverage

by Editors on January 3, 2008

Did you leave insurance coverage off of your list of resolutions for the New Year? Well consider this a reminder, and thanks to Susan Friedman of the New York Law Journal, you’ve got a quick way to get up to speed:

In the face of a myriad of new and existing exposures, potential corporate insolvency, personal liability and regulatory road rage, a separate stand-alone insurance policy for in-house counsel has gained appeal. This article highlights the mechanics of a standard insurance policy for in-house counsel, commercially known as employed lawyers professional liability insurance or employed lawyers policies. It also discusses key provisions — included under “Travel Tips” — that are commonly found in the most comprehensive employed lawyers policies.

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