Must Read Monday Setting you up for Well-Being Week in Law
Lawyers’ Mutual is happy to promote and participate in the Well-Being Week in Law (WWIL). To align with Well-Being Week in Law, Lawyers’ Mutual will be sharing mental health wellness tips until the end of May.
The aim of WWIL is to raise awareness about mental health and to improve well-being in the legal community.
Add the Well-Being Week in Law website to your favorites for events, webinars and resources. Registration is free to receive wellness news and updates.
Register for free wellness webinars held by the Institute for Well-Being in Law on each day of WWIL:
When: Monday, May 1, 2023 from 10:30-11:30 AM PST
Topic: Moving Together: The Science and Experience of Communal Movement
When: Tuesday, May 2, 2023 at 10:30 AM-11:30 AM PST
Topic: What does the U.S. General’s Framework for Mental Health and Well-being Mean for You?
When: Wednesday, May 3, 2023 10:30 AM-11:30 AM PST
Topic: Pro-Bono & Community Service as a Pathway to Well-Being & Job Satisfaction
When: Thursday, May 4, 2023 10:30 AM-11:30 AM PST
Topic: Building Friendship & Belonging
When: Friday, May 5, 2023 10:30 AM-11:30 AM PST
Topic: How to Build a Workplace that Supports Emotional Well-being
Together we can bring out the best in the legal profession.
For any questions, please contact mbinfo@lawyersmutual.com
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Must Read Monday Save the Date: Well-Being Week in Law May 1 – 5, 2023
Lawyers’ Mutual is happy to promote and participate in the Well-Being Week in Law (WWIL). The Well-Being Week in Law occurs the first full week of May every year to align with Mental Health Awareness Month.
The aim of WWIL is to raise awareness about mental health and to improve well-being in the legal community.
Add the Well-Being Week in Law website to your favorites for events, webinars and resources.
Get an early head-start to the practice of lawyer well-being. The California Lawyers Association (CLA) Health and Wellness Committee is hosting a free virtual yoga session on April 15th from 9 a.m. to 11 a.m.
Click here to register and prepare to rest deeply.
Together we can bring out the best in the legal profession. For any questions, please contact mbinfo@lawyersmutual.com
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Connecting Together Mentor / Mentee Program
For over five decades, Lawyers’ Mutual Insurance Company has been dedicated exclusively to insuring, educating and advancing the interests of California lawyers so that their practices, their future and their clients are protected and improved.
We would like to invite you to participate in a round table discussion as part of our member segment program to help us develop and shape this potential new member benefit.
We anticipate using this roundtable to structure insights, ideas, strategies and overall viability of such a program.
If you are interested in joining our member segment development team, please reply to this email by April 10, 2023 with the date most convenient for you to contribute via Zoom: Thursday, May 25 or Wednesday, May 31, 2023 from 11 a.m. – 12 p.m.
We hope that this program will deliver benefits in participating such as expanding your professional network, building relationships, developing your leadership and teamwork skills, and ultimately providing a landscape to shape meaningful relationships in the Lawyers’ Mutual member community.
We look forward to hearing from you.
For any additional questions, please contact your Member Benefits team at mbinfo@lawyersmutual.com
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Must Read Monday Are Your Policy Limits Enough?
Whether your firm is considering expanding or winding down, Lawyers’ Mutual’s limits of liability which range from $100,000 per claim/$300,000 annual aggregate to $5M/$7M annual aggregate have you covered.
Why it is important to review your LPL policy limits at your next renewal
As a Lawyers’ Mutual member you will know our policies carry a per claim limit and an aggregate limit for all claims that are paid out in a given policy year.
For example, for a solo practitioner or small firm that is considering purchasing a $100,000 per incident/$300,000 in the aggregate policy, the maximum we would pay for a single claim would $100,000.
The aggregate is the total available/maximum for all claims made in a policy year. For example, if 5 claims were made during a policy year, only $300,000 total would ever be paid out by the company. Remember: All Lawyers’ Mutual policies carry a $50,000 annual Claims Expense Allowance outside of any limits purchased.
Lawyers’ Mutual allows members to review and update their limits annually at time of renewal, subject to no active “open” claims.
When evaluating the amount of policy limits that will provide you adequate protection at renewal, we recommend reviewing the particular areas of law which you practice and consider if there has been any expansion or growth of such, the current values of your clients’ cases, and the current values of your personal assets.
For example, if your primary area of practice is wills, trusts and estate planning, securities or catastrophic personal injury law, $100,000 may not be sufficient coverage.
It is important to consider the monetary value of the matters that you handle for your clients and what would it cost to make the client whole in the situation an error occurs.
Since the Lawyers’ Mutual policy, like all LPL policies, diminishes after the $50,000 Claims Expense Allowance is exhausted, you also should factor in that an appropriate limit should be enough for defense and indemnity of any claim made. If you are interested in increasing your policy limits at your next renewal, please feel free to fill out an increased limit form online or contact our Underwriting Department at (818) 565-5512.
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Must Read Monday Lucky Lawyers’ Mutual Member Benefit
St. Patrick’s Day might be over, but your luck hasn’t run out as a Lawyers’ Mutual member.
Our newest member benefit with the Daily Journal, California’s leading legal newspaper, is your next lucky charm.
Redeem your exclusive 20% off discount to both print and digital publications by following the steps below.*
To obtain your exclusive member pricing, call or email the Daily Journal.
Phone: (866) 531-1492
Email: subscribe@dailyjournal.com
Be sure to have available:
- Your Lawyers’ Mutual client number (found in your policy documents)
- Delivery address for your Daily Journal subscription
*New subscribers to the Daily Journal will receive instant access to this offer and existing Daily Journal subscribers can take advantage at the time of their next subscription renewal. This offer is valid for annual subscriptions only.
Learn more about your new member benefit subscription offer to the Daily Journal here.
For any questions, please contact mbinfo@lawyersmutual.
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Must Read Monday Benefits of Bar Association Membership
Did you know California has an assemblage of specialty bar associations that cater directly to a specific segments of the legal community?
Lawyers’ specialties and practice areas vary, so we appreciate it can feel overwhelming to find your footing outside of your specific practice. This is where joining a bar association can assist and the benefits of doing so can help you grow your practice, credibility and your reputation.
Joining a bar association can provide you with opportunities such as:
- County / AOP specific news and legal development information
- Networking with your peers and related legal experts
- AOP / Section specific focus groups
- Member benefits, tools and resources
- Client referral programs
- Continuing legal education webinars / seminars
- Community and access to justice volunteer programs
- In-person events both professional and social
Be sure to research the Bar Association(s) you are considering joining to find those that are best tailored to help you grow and protect your practice further.
Please feel free to use the link here to all active California bar associations.
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