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Law Firms

There are few professions more demanding than the practice of law. Law firms will tell you that they have zero tolerance for mistakes. Managing risks at law firms requires a comparable standard of excellence. Gaps in a risk management program can be catastrophic. They can allow unprotected losses to damage a firm's stability and threaten its financial viability.

The Willis Law Firm Practice is comprised of brokers well versed in the stakes of the legal profession. We are attorneys, underwriters, risk managers and other legal malpractice specialists. Headquartered in Bermuda, London and New York, with key resources in Asia and Australia, our specialists average more than 20 years working with law firms around the world. Willis not only understands the unique exposures inherent in the practice of law, we have the breadth of talent and experience to develop customized solutions for all your firm's risk management needs. The end result: we excel in helping firms reduce their exposure to financial loss.

Our approach incorporates four steps in assessing and minimizing law firms’ exposure to financial loss:

  • RISK IDENTIFICATION – A senior Willis expert will analyze your practice areas, risk management processes and business platform to better understand the exposures your firm faces.
  • PROGRAM DESIGN – Once your risks are identified we will design an insurance program that is in line with your firm’s unique risk profile, risk management philosophy and strategic plan.
  • EXECUTION – With global risk management and insurance resources we will strategically market your risks to the appropriate insurance carriers worldwide, while managing local and/or mandatory insurance requirements necessary.
  • RISK MANAGEMENT – We will remain active in helping your firm manage its exposures and can provide tailored services, including internal seminars for attorneys and staff, risk management audits and a risk management hotline.

The Willis Law Firm Practice Brochure

Professional Liability coverage is obviously critical for all law firms. However, other exposures demand scrutiny as well. Willis has the expertise and resources to effectively handle every exposure your firm may face.

  • Management Liability
  • Employment Practices
  • Employee Benefits
  • Property/Casualty
  • Crime
  • Kidnap & Ransom
  • Cyber Liability

For information about the service Willis provides solicitors based in the U.K., please click here.

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