Authored by Sara Weathers

By the time summer is coming to an end, it is an excellent opportunity for law firms to concentrate on their day-to-day activities and get ready for the busier months ahead. Carrying out a short risk management check can help in spotting possible problems before they turn into expensive ones.

Use this checklist to start the season on the right foot.

Review Your Insurance Coverage

Has your firm grown over the last year? Have you employed more people? Have you increased the size of your office? At this point, it is a good idea to review your insurance policies to ensure your coverage still matches your firm's current activities.

Refresh Cybersecurity Practices

Tell employees to remain vigilant about phishing emails and suspicious links, particularly after vacations, when their inboxes are full. Make sure that software updates, passwords, and multi-factor authentication are up-to-date.

Update Your Business Continuity Plan

Review emergency contact information, test data backups, and ensure your employees know the steps to take if severe weather, a cyberattack, or another unexpected event disrupts business operations.

Inspect Your Office

Look for any maintenance issues that may have developed over the summer, including HVAC problems, water leaks, trip hazards, and other safety concerns, which could lead to property damage or liability claims.

Schedule an Annual Risk Review

Meet with your insurance advisor to discuss changes at your firm, emerging risks, and whether your current coverage remains the right fit.

A few proactive steps now can help reduce risk and keep your firm focused on serving clients. As business picks up after summer, taking time to review your operations, insurance, and emergency plans can help position your firm for a successful remainder of the year.