Ritman Insurance Insights

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Why do you need Professional Liability Insurance?

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As a boutique insurance agency, RITMAN specializes in all things property and casualty with an emphasis on professional liability insurance for lawyers. We provide insurance solutions for professionals, businesses, and individuals. You take pride in what you do. So do we.    Why do you need Professional Liability Insurance? Ensure your ability to make a living Protecting your business and personal assets To make your client whole should you or a staff member make a ...

How long do I have to maintain client files?

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The file destruction issue is a mix of malpractice and ethics issues. In short, there is no "one time period fits all files" answer. Each file must be reviewed by a lawyer with these matters in mind. Malpractice considerations - Maintain file for minimum time period for running of statute of limitations (SOL) on a legal malpractice claim, generally two years. Note that SOL may not begin to run until the malpractice is discovered. In some circumstances files may have to be mainta...