About Professional liability fund
The Professional Liability Fund (PLF) is a non-profit organization that provides primary professional liability coverage to lawyers in the private practice of law in Oregon. The mission of the PLF is to ensure that lawyers are protected from claims arising from their professional activities, while also serving the public interest.
The PLF was established by the Oregon State Bar in 1978, and since then has been providing comprehensive insurance coverage and risk management services to its members. The fund is governed by a board of directors, which includes both attorneys and public members appointed by the Oregon Supreme Court.
One of the key benefits of being a member of the PLF is access to primary professional liability insurance coverage. This coverage protects lawyers against claims arising from their legal work, including allegations of malpractice or negligence. In addition to this core coverage, members can also purchase additional insurance products such as cyber liability insurance or employment practices liability insurance.
Another important aspect of PLF membership is access to risk management resources and support. The fund offers a range of educational programs and materials designed to help lawyers avoid common pitfalls and minimize their exposure to risk. Members can attend seminars on topics such as ethics, client communication, and conflict resolution; they can also access online resources such as sample forms and checklists.
In addition to these core services, the PLF also provides other benefits that support its mission. For example, it offers financial assistance for lawyers who are struggling with substance abuse or mental health issues; it also sponsors pro bono legal clinics throughout Oregon.
Overall, membership in the Professional Liability Fund offers significant benefits for Oregon lawyers who want peace-of-mind protection against potential malpractice claims. With its comprehensive insurance coverage options, robust risk management resources, and commitment to supporting its members' well-being both professionally and personally - it's no wonder why so many attorneys choose this organization for their professional needs.
If you're an attorney practicing law in Oregon - consider joining today! With affordable rates based on your area(s)of practice(s), you'll have peace-of-mind knowing you're covered by one of America's most trusted providers when it comes down protecting yourself legally while serving your clients ethically!