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If you think that your firm isn’t susceptible to a cyber attack, your whole practice is at risk.

Veeam blog columnist Cole Hanks writes that “up to 60% of small businesses fail after a successful cyberattack.” Many firm owners think their practice is too small to be of any importance to cyber attackers and malpractice, but that very thought can be very costly.

Join Moshe Amsel and guest Mark Bassingthwaite, a seasoned risk management expert with ALPS, as they delve into the crucial topic of risk management for law firms and ensure that you are educated and prepared to keep your firm from the aftermath. 

In this episode, you can find:

• Insights into cyber security risks, like wire fraud and ransomware
• Essential tips on selecting the right malpractice insurance
• Vital steps law firms need to take to protect themselves
• The role insurance plays in safeguarding your firm’s future

Listen now to learn how to fortify your law firm against unforeseen risks and enhance your risk management strategies!

Chapters:

[00:00] Introduction to Risk Management with Mark Bassingthwaite 
[03:00] Mark’s Journey into Risk Management 
[06:22] Cybersecurity Risks in Law Firms 
[07:10] It Can Happen to You: Real Life Wire Fraud 
[11:23] Understanding Cyber Security Threats
[13:58] How Does Ransomware Apply to Me?
[15:47] Understanding Cybersecurity Threats and How to Prevent Them
[24:18] Malpractice Insurance Coverage Essentials
[26:33] ALPS and What They Can Do For Your Firm 
[27:58] Malpractice Insurance: What is it and Why Should I Invest?
[34:14] The Importance of Being Thorough in Your Firm’s Risk Management 
[35:49] Closing Thoughts and Key Takeaways

Resources mentioned:

Book your FREE strategy session today!: profitwithlaw.com/strategysession

Take the Law Firm Growth Assessment and find out how you rate as a law firm owner! 

Check out our Profit with Law YouTube channel!

Learn more about the Profit with Law Elite Coaching Program here

Connect with Mark Bassingthwaite: Email | Website

ALPS Cyber guide

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To request a show topic, recommend a guest or ask a question for the show, please send an email to [email protected].

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