Many attorneys are prepared to address upsetting verdicts or provide legal support to crime victims. However, when legal professionals themselves are the target, it underscores the importance of protecting staff with a robust security framework and risk management strategy.
There are three key factors that raise the threat level of law firms:
Preventative actions
Threats of violence are commonplace in the legal industry, and the rising frequency of incidents underscores the need for law firms to adopt comprehensive security measures, including:
- Conducting thorough background checks during the hiring process
- Developing and implementing workplace violence prevention policies, including annual employee training
- Establishing clear protocols for reporting and addressing potential threats
- Enhancing physical security measures.
Specialty insurance solutions
‘Crisis management’ policies provide immediate access to expert response consultants in the event of a covered loss, along with comprehensive financial protection with regards to expenses incurred in navigating through a crisis. Often these policies will provide long-term support for affected employees, including medical expenses and counseling.
Preparedness support is accessible, with premium rebates available to practices that demonstrate a commitment to proactive risk management strategies. Crisis response firms will provide unparalleled consulting, advice, and support when navigating emergency situations.
Next steps
Having a pre-established bench of specialists on call to assist during a time of crisis is an essential part of preparing for the worst. The Willis Crisis Management team includes experienced professionals in ‘special crime’ insurance that can customize solutions to meet your unique exposures. For additional information, reach out to your WTW contact.
To read about the recent increase in kidnappings within the cryptocurrency industry, check out this insight article.
Disclaimer
WTW hopes you found the general information provided here informative and helpful. The information contained herein is not intended to constitute legal or other professional advice and should not be relied upon in lieu of consultation with your own legal advisors. In the event you would like more information regarding your insurance coverage, please do not hesitate to reach out to us. In North America, WTW offers insurance products through licensed entities, including Willis Towers Watson Northeast, Inc. (in the United States) and Willis Canada Inc. (in Canada).
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