Our Blog

Risky Business

by Duane Crone | April 11th, 2017

It seems like everyone wants to know which areas of practice are the “riskiest”. Fortunately, the ABA has been collecting data on lawyer malpractice claims for about 40 years, and we know the answer. The two areas consistently at the top of the chart are plaintiff personal injury representation and real estate transactional work. In […]

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Cooler Heads Prevail: Lessons Learned From the Claims Process

by Duane Crone | March 9th, 2017

Sellers of malpractice insurance, Mainstreet included, rarely get involved in dispensing advice throughout the claims process. Insurance companies have become increasingly adamant over the years that agents and brokers keep our distance from claims handling. They have good reasons; allegations of lawyerly negligence are complicated matters and insurers need a direct relationship with their policyholder. For […]

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Smoke in our Eyes: Cannabis and Legal Services

by Duane Crone | February 15th, 2017

Lawyer Professional Liability Insurance has been hard to locate for lawyers who serve businesses engaged in the legalized production, distribution and sale of recreational and medical cannabis. This begs the question; if the business is legal, why the insurance problem? I have been asking myself just that. Mainstreet is located in WA where purchase and use of […]

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Timing is Everything! (Policy Limits & Past Mistakes)

by Duane Crone | January 24th, 2017

There’s a reason it’s called “Risk Management” and not “Risk Elimination.”  You can’t eliminate risk completely… that’s why most attorneys buy Malpractice Insurance.  There is a right way and a wrong way to buy professional insurance.  It turns out how much insurance you buy and when you buy it is a lot more critical than it first […]

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Practical Tools for Small and Solo Firms

by Duane Crone | January 10th, 2017

I talk a lot about steps firms take to reduce the risk of a malpractice lawsuit. For solos and smaller firms, though, this can seem overwhelming and not at all practical. It’s true that most of the effective systems and suggestions proffered by professional liability insurers are designed for larger firms that have clerical and administrative staff […]

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