Malpractice Insurance: The Strong Start Program

I originally looked into getting LPL with Marsh. Ultimately, I found a great plan with theLawyers’ Mutual Insurance Company (LMIC) called the Strong Start Program.

For a $300,000 annual aggregate/$100,000 per claim plan, LMIC offers a first-year rate of $500 per year for attorneys licensed for three years or less who meet specific criteria. The minimum policy typically includes $300,000/$100,000 coverage. Two factors to consider in choosing the amount of
coverage are (1) whether you practice in an area or areas (e.g., Intellectual Property) where LPL claims tend to be higher and (2) whether you have significant assets.