This is the first in a series of “Ten minute briefings”, to share our knowledge around risks in legal practice. It is based on our claims experience here at Travelers over almost 20 years, covering all law firms from sole practitioners to global law firms. (2 January 2020)
This first podcast takes a helicopter view of risk and is organised into three parts.
- Cause: People, product, process, risk maturity
- Effect: Advice, dishonesty, drafting, retainer management
- Consequences: Clients, damages, regulation, reputation