Your Minnesota Lawyers Mutual professional liability policy is a Claims Made and Reported policy. It requires that you notify MLM immediately if an incident occurs that may lead to a claim or if a claim has been made against you. In order to not jeopardize coverage, we encourage all our insureds to report as early as possible.
Early claim reporting also offers MLM the opportunity to engage 'claim repair' counsel when appropriate. Often times, claim repair counsel are able to eliminate or mitigate the damages stemming from legal malpractice claims. With significant resources and experience, options previously not considered may offer relief.
Our claim attorneys are also well-versed in the ethical rules governing all fifteen of our jurisdictions. Frequently, by relying on the ethical rules and local guidance, the attorneys are able to steer efforts back onto an appropriate course.