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Mandatory Insurance Disclosure Resource Page |
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This issue was prompted by a letter (with attachments) sent by Austin lawyer, Charles Herring (a member of the original task force), to the Supreme Court in 2007. A scan of these comments as published by the State Bar Board of Directors can be downloaded here. The background of the proposed rule is this: In 2004 the ABA adopted a "model rule" requiring a lawyer to disclose whether he or she carries professional liability insurance. Here is the comment from the ABA website:
The rationalization for this rule is "to provide a potential client with access to relevant information related to a lawyer's representation in order to make an informed decision," but its obvious effect is anticompetitive and enhanced vulnerability of lawyers to claims and suits. The Task Force of 2007-2008
recommended against the adoption of any such rule. However,
earlier this year, the Supreme Court's "Grievance Oversight
Committee" submitted a report,
which among other things, made the opposite recommendation.
Justice Jefferson asked the Bar Board to review the matter
due to the Board's failure to take a stand on the issue.
That
letter is here. Roland
Johnson's response
is here. An excerpt of the GOC's recommendation
is here.
Note the superficial way it treats opposing points of view
(which it refers to as "talking points") and the record
keeping requirements it places on lawyers for a number of
years. The Council of this Section has taken a decisive stand against this issue which you can read here. |
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