Joe Kingma Moderated Panel Presentation at the ABA National Legal Malpractice Conference April 20th
Panelists discussed what the future holds for the LPL market in the face of big changes in the federal government, Brexit, volatile stock and bond markets, aging lawyers and law firms, and new forms of practice.
Panel Members represented various perspectives including NABRICO, Small to Big Law, and Reinsurance.
No one saw any signs of a hard market looming on the horizon, but premium increases for law firms in 2017 were noted to average in the 2-4% range.
Stuart Girling, Executive Vice President, ProQuest, New York, NY
Fred Hunker, CPCU, Vice President, Claims, Ohio Bar Liability Insurance Company, Columbus, OH
William McLaughlin, Reinsurance Consultant, New York, NY
Laura Simon, Executive Vice President, Lawyer’s Protector Plan, Tampa, FL
Johannes Kingma, Partner, Carlock, Copeland & Stair, LLP, Atlanta, GA (Moderator)