Law Firms

Coverage for Changing Needs

We partner with and protect Am Law 200, mid-sized, and specialist law firms with innovative risk management solutions. Our team is agile in addressing the issues law firms will encounter before they surface.

We understand the vulnerabilities you face. Because of our expertise in the market, our team can seamlessly become an integrated partner with you and your firm, protecting it from the myriad of risks present today. From headline risks — such as cyber breach/security, economic slowdown/downturn, and reputational damage — to more esoteric risks, such as retaining and attracting talent, our programs are designed to meet your unique and evolving business needs.

By optimizing risk retention and risk transfer we help protect law firms from claims arising from their provision of professional services and daily operations.

We offer custom solutions and capabilities to meet your firm’s needs, including:

• A bespoke professional liability Lead Primary layer policy with follow form quota share and excess layer Contract of Insurance (COI)
• Cyber insurance to pair with professional liability and crime policies
• Negotiation of bespoke management and employment practices liability policies
• Coordinated teams across professional, cyber, property & casualty, and employee benefits lines
• Data analytics that includes benchmarking to provide decision-making insights
• A prepared timeline outlining client and broker responsibilities and deadlines

Our brokers ensure policies for law firms are viewed holistically to avoid potential gaps and duplication of coverage. Each program is customized to meet the unique exposures you face while taking risk tolerance levels into consideration.

At Risk Strategies, we see risk through your lens. In over 30 specialty practices, our experts bring in-depth industry knowledge and a business-first approach to deliver the clarity and strategies your firm needs to face the future with confidence.