Legal Sector Resources

Articles and insights to help navigate legal sector risks

Legal Sector Resources

How Law Firms Can Thrive in This Disruptive Era

As technology changes the legal profession, the adjustments your firm makes can generate substantial benefits.

Joshua Rozenberg

Legal Sector Resources

Open Source Information Could Change How Legal Firms Operate

In a time when firms have access to an ever-expanding volume of information, the quality of your data will help differentiate you from competitors.

Tim Rees, Client Engagement & Information Security - Blackdot Solutions

Legal Sector Resources

AI Is Starting to Live Up to the Hype

Richard Diffenthal of Hogan Lovells is a leading voice in the conversation around AI. We asked him why it is finally living up to its potential.

Richard Diffenthal, Partner - Hogan Lovell

Legal Sector Resources

Law Firms Should Take a Positive View of PI Insurance

Professional indemnity cover ensures law firms can pursue business objectives with confidence.

lawyer at coffee shop

Legal Sector Resources

Towards Safer Flexible Working

Protecting data is everyone’s responsibility — at the office, at home and on the road.

Paul Smith, Senior Risk Management Consultant - Travelers UK

Legal Sector Resources

Does the Future Belong to Smaller Law Firms?

The mix of disciplines common in these start-ups bodes well for future growth.

Jim Jack, Head of Professional Indemnity, Travelers Insurance

Legal Sector Resources

Consistency is the Key to Keeping Your Small Law Firm Secure

In an interconnected world, small firms need to demonstrate their commitment to reliability, consistency and safety.

Julia Graham

Legal Sector Resources

What Does Solicitors Professional Indemnity Insurance Actually Cover?

Find out what solicitors' professional indemnity insurance covers and how your policy works.

Lindsay Bowskill

Legal Sector Resources

Why Do Solicitors Need Professional Indemnity Insurance?

Allegations of professional negligence, whether they are well-founded or not, can be difficult and expensive for firms to defend.

James Kerr ACII talks about minimum professional indemnity insurance cover

Legal Sector Resources

Protecting the Legal Industry

Information on how to help law firms protect from cyber attacks.

A close up of a desk at a business office. This desk includes a cup of black coffee served in a white cup on a white saucer, a laptop computer, a pair of glasses and newspaper.

Legal Sector Resources

Getting the Most from Your PI Renewal

Make the most of your renewal.

Steve Pollack

Legal Sector Resources

How Travelers Helps Legal Clients Deal with Emerging Risks

Find out how we monitor new developments in the legal industry.

Jon Davies

Legal Sector Resources

The Practice of Law Still Needs a Human Face

Despite advances in technology, the law is still a very human profession.

lawyers meeting with clients

Legal Sector Resources

What’s Behind Large Losses in Law Firms?

In a time of economic instability, a law firm that experiences a large loss may find itself in an especially difficult position.

Judge's gavel on brown shining table and bookshelf background

Legal Sector Resources

Travelers Uncovers the Risks Driving Solicitors Professional Indemnity Claims

James Graham, MD of Professional Indemnity at Travelers, asked Paul Smith, Senior Risk Consultant at Travelers, to share his findings.

Shot of a mature woman using a headset and laptop in a modern office

Legal Sector Resources

Help Legal Professionals Understand Their Cyber Threats

Cyber risk is a rapidly evolving threat.

Business woman tackling deadlines on her laptop in an office

Legal Sector Resources

As Threat Actors Use AI to Escalate Cyber Threats, How Can Law Firms Protect Themselves?

In the past year, new developments in technology have ushered in transformative possibilities for how law firms operate.

An office worker using working at his desk using a computer to review data.; Office Manager Working On Computer At His Desk

Legal Sector Resources

A Turbulent Property Market Triggers New Risks in Law Firms

For law firms handling property transactions, it feels like a storm is brewing.

Two professionals discussing a paperwork in an office building next to the windows.

Legal Sector Resources

Making Thoughtful Decisions in a Complex World

While the various demands of working in the law are not new, the complexity that law firms must navigate in the process of managing them has been multiplying in recent years – and is coming from new directions.

Law building

Legal Sector Resources

Ready to Renew: Get a Head Start on PI Renewals

Underwriters need more information on risks than they have ever needed before,” said Donna Hurst, Senior Development Underwriter at Travelers Europe.

Businessman discussing project on digital tablet with his business partner, standing outdoor, city scape in the background.

Legal Sector Resources

Men in the Legal Profession Must Speak Up About Mental Health

The stress, long hours and other challenges of legal work can impact the mental health of men and women alike – but men don’t tend to share those challenges nearly as openly as women.

As the unrecognizable female therapist gives him advice, the exhausted mid adult man looks at her and listens.

Legal Sector Resources

Why Smaller Solicitors Need Professional Indemnity Insurance

Solicitors’ Professional Indemnity Insurance (PI) is cover your clients hope they will never have to use.

Confident professionals discussing in office

Legal Sector Resources

What’s on Insurers’ Minds for Law Firms?

While 2020/21 saw law firms juggling competing needs to serve clients, in 2022 there has been a clear movement towards firms placing renewed focus on their people.

Thoughtful lawyer holding book while leaning on shelf in library

Legal Sector Resources

Protecting Lawyers for the Long Term

For insurers of the legal profession, 2021 has been about steadying the ship in order to sustain business protection.

Smiling African American man in headset watch webinar or training on modern computer, happy biracial male call center agent or telemarketer work consult client online, good customer service concept

Legal Sector Resources

Become an Antifragile Law Firm

Leading a law firm in these times can feel like running the gauntlet. We’re living in a volatile, uncertain, complex and ambiguous world.

A business man wearing a shirt and tie, presses a digital screen and adds up some friends on the social media.

Legal Sector Resources

What Does it Mean to Be a Lawyer? The Definition is Changing

The legal profession looks a lot different than it did a decade or two ago.

Female lawyer and customers sitting at desk in office.

Legal Sector Resources

How Well Are Mental Health Initiatives Working in Law Firms?

There’s no doubt that law firms are having more open conversations about mental health these days – and have taken action to support employee wellbeing in a range of ways.

Professionals having a meeting in an office.

Legal Sector Resources

Law Firms and Lawyers Must Reconsider Their Risks

Do you see yourself as a risk-taker? There is a common perception that lawyers are averse to risk.

Estate agent gives pen and documents agreement with customer

Legal Sector Resources

Navigating the Benefits and Risks of Generative AI

Artificial intelligence is rapidly weaving itself into our personal and professional lives – and in applications that can leave us feeling empowered and overwhelmed in equal measures.

double exposure image of virtual human 3dillustration on world map and learning technology background represent learning process.

Legal Sector Resources

New Insurance Designed with Freelance Solicitors in Mind

In November 2019, the Solicitors Regulation Authority (SRA) changed its regulations to allow solicitors to trade outside of the traditional ‘legal entity’ models.

Young confident manager working on laptop and talking on smartphone.

Legal Sector Resources

Turbulent Times Call for Stable Insurers

If you have ever been a reluctant passenger on a rollercoaster, stepping back onto solid ground can be a welcome relief.

A person points to a chart on a monitor using a stylus

Legal Sector Resources

Staffing Law Firms: Is it Due for an Overhaul?

When PwC released its annual survey of the top 100 UK law firms earlier this year, the results pertaining to staffing stood out.

Young professionals having a discussion in a modern office. Two happy young businesspeople smiling while walking together in a hallway. Cheerful colleagues collaborating on a new project.

Legal Sector Resources

Measuring the True Cost of a Legal Client

As the legal sector adopts new ways of working and meeting client needs, it also faces new pressures when it comes to the perception of services it provides.

Two female coworkers look at a laptop in a business meeting in a modern office. They discuss something over papers and a laptop while one of them is pointing at the computer screen. Both are wearing glasses and pie charts are visible in the background.

Legal Sector Resources

Partnering with Solicitors to Manage Risks and Seize Opportunities

Sharon Glynn and James Graham, managing directors of professional indemnity (PI) at Travelers Europe, review how market challenges impacted the recent PI renewals season for solicitors and how the company helps clients navigate the evolving economic landscape.

France, Paris, La Defense, low angle view of skyscrapers; Skyscrapers in La Defense

Legal Sector Resources

Can Firms Change Their Biggest Risks?

The legal profession has likely experienced more transformation in the past 20 years than it has in its history – and yet, it can also be remarkably consistent.

Senior female lawyer working at laptop and talking on cell phone

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