Is Mandating Disclosure in Your Fee Letter That You Do Not Carry Malpractice Insurance a Sound Idea?
Is Mandating Disclosure in Your Fee Letter That You Do Not Carry Malpractice Insurance a Sound Idea?
by Rodney Snow
The Utah Bar Commission meeting was progressing quite nicely. It was my first experience. George Daines was professional, pleasant and organized as he kept the meeting moving through the agenda. While there was discussion, there was little controversy until the new proposed amendment to Rule 1.4 was disseminated, requiring attorneys who carry less than $100,000 in malpractice insurance (hereafter MPI) to disclose that fact in their fee letters. To say that a lively debate ensued is an understatement. I was impressed at the breadth of the Bar Commission's work and the professional manner in which it was being accomplished. I also noted that all points of view were presented and well argued. Based on the discussion, it became clear that the policy behind the proposed change is to encourage all attorneys to carry MPI. As part of the discussion, I voiced some concern regarding the proposed change to Rule 1.4. I have now been 'invited' to present the loyal opposition to the proposed amendment.