Mike Mclean November 11, 2022 6 min read

Investment Law Group Leverages Risk Management

Two men shaking hands exiting chat bubbles they are both members of the investment law group

Who Is The Investment Law Group?

The Investment Law Group of Davis Gillett Mottern & Sims LLC is a boutique law firm that is focused on delivering value for investment managers and entrepreneurs. The firm leverages the substantial experience of its partners as attorneys, investors, and business owners to provide practical insights to its clients.

The Investment Law Group was founded in 2002 and is based in Atlanta, Georgia. The firm provides expertise in the formation and operating of hedge funds and other private fund structures, and works with investment managers across a range of liquid and illiquid strategies.

The partners at Investment Law Group also provide advice to entrepreneurs and business owners through engagements that are tailor-made to help companies as they evolve and grow. In working with its clients, the firm is committed to being focused, thoughtful, and diligent.

What Risks Do Law Firms Face?

One of the key challenges that firms such as Investment Law Group face is finding the right insurance partner with the best policies. Having the right coverage in place is essential for all law firms, to ensure that both firms and lawyers can stay protected while serving their clients.

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Typically, the most important insurance policy that a lawyer or law firm can purchase is legal professional liability insurance (LPL). Also known as lawyers professional liability or legal malpractice insurance, LPL protects lawyers and firms against claims alleging failure to perform any duties according to proscribed professional and ethical standards. Clients may file claims even if such breaches have not occurred, based simply on negative legal outcomes. There is a high potential for exposure, from misinterpretation of the law and bad legal advice to missed deadlines.

Given that four out of five lawyers will get sued for malpractice at some point in their career, having the right lawyer insurance is simply a necessity. LPL requirements are different in each state. While only Oregon and Idaho currently require lawyers to have legal professional liability insurance, several states require lawyers to report their insurance status, with some like Ohio requiring attorneys to disclose to clients if they are practicing without coverage.

The need for insurance coverage is clear. The challenge that law firms such as Investment Law Group face is finding the right insurer. While many brokers understand the need to have adequate professional liability policies for lawyers, many fall short when it comes to the right process.

Many law firms, especially small firms, are forced to spend too much time filling out applications and waiting to receive a quote. Those firms are then faced with hefty premiums and a lack of transparency around pricing. For law firms such as Investment Law Group, devoting so much time and effort to meeting the antiquated requirements of traditional insurers can distract from the essential work of helping their clients.

Embroker’s Law Firm Insurance Solutions

When Investment Law Group’s leadership came across Embroker, they knew they had found the right insurance partner. As a leading digital provider of insurance coverage nationwide, Embroker is ideally suited to help law firms such as Investment Law Group. With its commitment to making insurance radically simple, Embroker provides law firms with the ability to get fast quotes in a short amount of time to help keep them and their attorneys protected.

In working with Embroker, Investment Law Group’s leadership was particularly impressed with the excellent service provided by Embroker’s representatives. Having a direct line of communication with Embroker ensured a successful process, allowing the firm to get the coverage it needed in a satisfactory, timely manner.

Embroker’s commitment to reinventing insurance for law firms makes it an ideal partner for firms such as Investment Law Group. Embroker understands that lawyers want expert service, competitive and transparent pricing, and an easier, time-saving process. Embroker’s LPL product is designed to meet those needs by offering coverage tailor-made for law firms.

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In addition to LPL insurance, Embroker offers several other policies to ensure law firms stay protected. While every firm has unique needs depending on such factors as size, all law firms need to consider a certain set of insurance policies to protect their lawyers and assets:

Results

Since first signing up with Embroker, Investment Law Group has remained a satisfied client. In fact, the firm worked with Embroker representatives Brad Barkin, VP Law & Accounting Practice, and Joe Wasserman, Senior Customer Success Manager, in order to renew its policies. As a result of the direct contact and clear communication with Embroker’s team, the renewal process was smooth and painless, ensuring the continued success of the partnership between Embroker and Investment Law Group.

“Brad Barkin and Joe Wasserman have been excellent service providers for our firm. They have given us plenty of lead time for our renewal, and made the process as painless as possible, with very good results.” – Rob Joseph, Partner and Attorney, Investment Law Group of Davis Gillett Mottern & Sims LLC

With the right insurance coverage in place, Investment Law Group’s leadership and attorneys can focus on helping their clients by delivering unmatched value for investment managers and entrepreneurs. The firm can continue on its path to growth and success, secure in the knowledge that it is protected with the right insurance policies.

Embroker meanwhile continues in its mission to provide law firms with digital, cost-efficient, and time-saving solutions to meet their needs while keeping them protected with policies tailor-made for them.

“I have already recommended Embroker to several friends and will continue to do so.” – Rob Joseph, Partner and Attorney, Investment Law Group of Davis Gillett Mottern & Sims LLC

Investment Law Group Overview

Law firms such as Investment Law Group are committed to helping their clients achieve success. That’s why having the right insurance coverage, including a solid LPL insurance policy, is so important, to help protect firms and their lawyers so they can do the work they are meant to do without having to worry about the risks involved.

For law firms large and small, having a trusted and reliable insurance provider such as Embroker is the most effective way of staying protected while ensuring future success.

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